Keller Group PLC
LSE:KLR

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Keller Group PLC
LSE:KLR
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Price: 1 694 GBX 1.68%
Market Cap: 1.2B GBX

Keller Group PLC
Investor Relations

Keller Group PLC, a name that resonates robustly in the world of geotechnical solutions, has carved a niche for itself as a global leader by understanding the earth beneath our feet better than most. Founded in 1860, the company has a rich history shaped by technological advancements and engineering prowess. At the core of Keller's operations is its expertise in solving complex subsurface challenges, which it achieves by providing a wide array of services, including ground improvement, foundation solutions, and ground support. Such services are essential in construction projects that range from residential and commercial buildings to large-scale infrastructure like bridges and dams. Keller thrives on its ability to tailor these foundational solutions to meet the specific geological conditions of each project, drawing on its extensive industry experience and in-depth knowledge.

The company's revenue model is anchored in its ability to offer bespoke geotechnical solutions that enhance the stability and longevity of structures, which is critical in an era of rapid urbanization and stringent safety standards. By leveraging its global presence, Keller can concurrently deploy resources and expertise worldwide, granting it competitive advantages in securing contracts across diverse markets. Its business success hinges on the collaboration with construction firms, architects, and municipal planners, aligning its solutions with the clients' structural objectives and budgetary constraints. The execution of these high-value contracts is where Keller not only showcases its technical capabilities but also ensures a steady stream of revenue, positioning itself as an indispensable partner in major construction endeavors around the globe.

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KLR
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Last Earnings Call
Fiscal Period
Q2 2020
Call Date
Aug 4, 2020
AI Summary
Q2 2020

Profit Growth: Despite a 5% drop in revenue due to COVID-19, operating profit rose 20% and margins increased to 4.6%.

EPS Surge: Earnings per share increased by 37% on a constant currency basis, and underlying diluted EPS rose 46% to 39.5p.

Strong Cash Flow: Free cash inflow was GBP 74 million, a dramatic improvement from last year’s outflow, helping reduce net debt by GBP 57 million since year-end.

Order Book Support: The GBP 1 billion order book underpins much of second-half trading, but management warned of possible challenges if COVID-19 lockdowns recur.

No Second Half Bias: Usual weighting toward stronger H2 results isn’t expected this year; performance should be more evenly split.

Dividend Policy: Decision on interim dividend deferred until later in the year, maintaining a long-term record of dividend payments.

Strategic Progress: Continued portfolio actions, including disposal of Brazil business and restructuring in Africa; focus remains on operational efficiency and targeted capital allocation.

Key Financials
Revenue
GBP 1.01 billion
Operating Profit
GBP 47.9 million
Operating Margin
4.6%
Earnings per Share
up 37% on a constant currency basis
Diluted Earnings per Share
39.5p
Net Debt
GBP 155 million
Leverage
0.9x
Free Cash Flow
GBP 74 million inflow
Tax Rate
29%
Order Book
GBP 1 billion
Earnings Call Recording
Other Earnings Calls
2020

Management

Mr. Michael J. Speakman
CEO & Director
No Bio Available
Mr. David Anthony Burke
CFO & Executive Director
No Bio Available
Ms. Katrina Roche
Chief Information Officer
No Bio Available
Ms. Caroline Crampton
Group Head of Investor Relations
No Bio Available
Ms. Marisa Schleter
Chief Communications Officer
No Bio Available
Mr. Craig Scott
Chief People Officer
No Bio Available
Ms. Kerry Porritt
Chief Sustainability Officer & Company Secretary
No Bio Available
Mr. Peter Wyton
President of EME
No Bio Available
Curtis Cook
Senior Vice President of Canada
No Bio Available
Sandy-lee Connolly
Group Head of Talent & Diversity
No Bio Available

Contacts

Address
London
2 Kingdom Street
Contacts
+442076167575.0
www.keller.com