An update from Keller Group plc ( (GB:KLR) ) is now available.
Keller Group plc announced its preliminary results for the year ended 31 December 2024, showcasing an impressive financial performance that exceeded expectations. The company reported a 4% increase in revenue at constant currency, a 22% rise in underlying operating profit, and a significant reduction in net debt by 80%. The results reflect a strong operational and financial performance, with improvements in profitability, cash flow, and safety metrics. Keller’s record year-end order book of £1.6 billion and the announcement of a multi-year share buyback program highlight the company’s robust position and commitment to returning capital to shareholders. These results underscore Keller’s strategic focus on operational excellence and its resilience in the face of geopolitical and macroeconomic uncertainties.
More about Keller Group plc
Keller Group plc is the world’s largest geotechnical specialist contractor, providing a wide range of advanced foundation and ground improvement techniques used throughout the construction sector. With around 10,000 employees, Keller operates across five continents and undertakes approximately 5,500 projects annually, generating an annual revenue of around £3 billion.
YTD Price Performance: -10.21%
Average Trading Volume: 127,558
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £950.2M
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