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Press Releases


2001 Press Releases



29/08/2001

Interim results for the six months to June 2001

Keller Group plc, the worldwide leader in foundation services for the Construction and Property sectors operating in 30 countries, today announced its interim results:

  • TURNOVER £189.2m up from £147.1m +29%
  • OPERATING PROFIT* rose to £9.0m from £6.5m +38%
  • PROFIT BEFORE TAX increased to £8.2m from £6.3m +30%
  • EARNINGS PER SHARE 8.8p up from 7.2p +22%
  • Recommended INTERIM DIVIDEND raised to 3.15p from 2.85p +11%
  • UNITED STATES BUSINESSES up sharply

    • Turnover £81.2m from £47.5m +71%

    • Operating profit* £6.0m from £3.2m +88%

  • OVERALL OPERATING MARGIN* of 4.7% with US margin at 7.4%

* Before amortisation of goodwill

Tom Dobson, Keller Group plc Chief Executive, said:

“The results reflect a very strong performance in North America where we have not experienced any slowdown. The strength of our order book, which now stands at around £150m, is further evidence that our strategy of maintaining global leadership in the core foundation business is successful.

Together with expansion of our range of specialist services, we believe our strategy will provide sustainable increases in value for our shareholders.”

For more information:

Keller Group plc020 8341 6424
Tom Dobson, Chief Executive  
Justin Atkinson, Finance Director 
Golin/Harris Ludgate020 7324 8888
Peter Gaze 
Laurence Read  


View the full press release in PDF format


 
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