Keller wins £50m Abu Dhabi contract
9th Aug 2016 10:46
(ShareCast News) - Ground engineering company Keller and a partner have won a £50m construction contract in Abu Dhabi. The contract comprises ground improvement works and will be conducted in a 50-50 consortium, and work is expected to start immediately will be completed by the third quarter of 2
Read moreKeller Group earnings down as Asian market remains depressed
1st Aug 2016 08:40
(ShareCast News) - Geotechnical contractor Keller Group posted its results for the six months to 30 June on Monday, with record first half revenue of £850m, up 12%, but guided markets towards the lower end of the Board´s range of expectations. The FTSE 250 firm had an operating profit before excepti
Read moreFinancials, big oil, miners pace gains in London
25th May 2016 21:00
(ShareCast News) - Financials and big oil continued to power ahead at the middle of the week as the threat from two of the market´s most recent bugbears appeared to receed a little. On Wednesday, Athens managed to clinch a deal to relieve the government´s lack of financial liquidity, while in the UK
Read moreDirector dealings: Coca-Cola private equity backers can shares
25th May 2016 15:20
(ShareCast News) - Coca-Cola HBC directors Anastasios and Christo Leventis, major shareholders connected with the New Argen private equity group, confirmed they had sold £15.4m worth of shares. Christo sold 735,968 at a price of 1,315p apiece, reaping £9.68m, while fellow non-executive Anastasios of
Read moreRevenue, earnings slightly ahead at Keller Group
24th May 2016 08:55
(ShareCast News) - As investors gathered for Keller Group's annual general meeting on Tuesday morning, the ground engineering specialist revealed its numbers were ahead of last year in year-to-date trading. The FTSE 250 firm said there have been no significant changes in market trends since it repor
Read moreThursday broker round-up
3rd Mar 2016 15:02
(ShareCast News) - ITV: Jefferies reiterates buy with a target price of 310p, Exane BNP Paribas keeps at neutral with a target of 250p, UBS stays at sell. 230P target and Nomura reiterates buy with a target price of 320p. Intertek: Deutsche Bank reiterates hold with a target price of 2700p and JP Mo
Read moreKeller Group in strong position despite revenue dip
29th Feb 2016 07:40
(ShareCast News) - Keller Group was looking strong as it reported its final results on Monday, with revenue down as large projects finished, but earnings solid as the company invested in higher-growth markets. Revenue at the FTSE 250 ground engineering specialist dipped 2% in both reported and const
Read moreFTSE 250 movers: Ocado keeps falling, Allied Minds lifted by paper tip
4th Jan 2016 14:10
(ShareCast News) - With less exposure to international companies than the blue chip benchmark, the FTSE 250 index was down 1.5% by mid afternoon, compared to the 2%-plus dip of the FTSE 100. Worries about China were the cause of the widespread losses in London, Europe and the US on Monday, but the U
Read moreSunday share tips: Persimmon, Vodafone, McBride, Telford Homes
3rd Jan 2016 14:47
(ShareCast News) - Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three
Read moreTuesday newspaper share tips: Construction in the spotlight
17th Nov 2015 12:08
(ShareCast News) - The focus is on construction in Tuesday's newspaper share tips, with Taylor Wimpey and Keller in the spotlight. On Monday, housebuilder Taylor Wimpey said it expected to report a 2% rise in 2015 operating profit margin and a return on net operating assets of more than 25%. The com
Read moreKeller expects full year in line with market views
16th Nov 2015 07:19
(ShareCast News) - Engineering specialist Keller Group said it remains confident results for the year will be in line with current market expectations despite challenging conditions in many of its markets, thanks in part to strength in its main market of US construction. Keller said overall trading
Read moreKeller's first-half profit up despite fall in revenue
3rd Aug 2015 09:03
(ShareCast News) - Keller Group posted a rise in first-half pre-tax profit as a recovery in US construction offset challenging conditions in many of its markets, and said it remains confident that results for the full year will be in line with current market expectations. Pre-tax profit grew 6% from
Read moreKeller Group acquires Australian construction firm
2nd Jul 2015 11:50
Keller Group has acquired Austral Construction in a deal worth £30.3m, the company said Thursday. Under the deal, Keller will pay £20.5m in cash for the Australian firm and make deferred payments of up to £9.8m dependent on Austral's earnings in the three years up to June 2018. Austral, which had g
Read moreFTSE 250 movers: JustEat surges on Munlog offer, miners higher
22nd May 2015 13:15
UK stocks were retained gains on Friday, buoyed by higher commodity prices and data revealing the US remained in deflation last month. Sector-wise gains made by miners, engineers and telecoms stocks outweighed weakness in technology and travel stocks. As of 15:30 BST, the FTSE 250 was trading 68 po
Read moreKeller buys net assets of GeoConstruction from Layne Christensen Company
21st May 2015 08:11
Engineer Keller Group has agreed to buy the net assets of GeoConstruction Group (Bencor) from Layne Christensen Company for a consideration of about $40m. Bencor, which is based in Dallas and operates throughout North America, offers diaphragm walls (D-walls), a product often used in major infrastru
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