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2001 Press Releases



08/03/2001

Keller enters 2001 with renewed confidence

Keller Group, the global construction services group, announces preliminary results for the year ended 31 December 2000.

  • Operating profits before restructuring costs and amortisation of goodwill £17.7m (1999: £19.4m);

  • Turnover £313m (1999: £314.9m);

  • Earnings per share 17.9p (1999: 21.5p)

  • Final dividend of 5.65p; total dividend for the year up 9% at 8.5p (1999: 7.8p)

  • Record order book 45% ahead of 1999

  • Improved contribution from Keller Ground Engineering

  • Five earnings enhancing acquisitions during 2000 strengthening geographic coverage and product range

  • Continuing expansion of non-foundation specialist services now accounting for 15% of Group operating profit.

Keller Chairman, Dr J M West, commented:

“2000 was a challenging year for Keller, however we remain committed to our strategy of strengthening our position as an international market leader in foundation services.

“Our five acquisitions during the year are performing well and are enhancing market coverage and product range. We are also committed to continuing to expand our range of specialist services outside the foundations area.

“With an order book at a record level and the good performance of the businesses acquired during the year, I look forward with confidence to a much improved result in 2001.”

For more information:

Keller Group plc020 7398 0800*
Tom Dobson, Chief Executive  
Justin Atkinson, Finance Director 
GCI Financial 020 7398 0800
Christopher Joll 
Nick Lambert  

* on Thursday 8 March – thereafter on 020 8341 6424


View the full press release in PDF format (173 KB)


 
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