Keller Group Says H1 In Line With Expectations, FY Guidance Re-Iterated

Reuters | Updated: Jul 29, 2019, 11:49 IST

July 29 (Reuters) - Keller Group PLC:* H1 IN LINE WITH EXPECTATIONS AND FULL YEAR GUIDANCE RE-ITERATED* HY REVENUE 1,091.7 MILLION POUNDS VERSUS 1,075.1 MILLION POUNDS YEAR AGO* HY UNDERLYING PRETAX PROFIT 28.9 MILLION POUNDS VERSUS 42.2 MILLION POUNDS YEAR AGO* INTERIM DIVIDEND PER SHARE 12.6P* ORDER BOOK IN EXCESS OF £1BN REMAINS ROBUST* ORDER BOOK AT HY-END IS PARTICULARLY STRONG IN NORTH AMERICA, OFFSET BY A DECLINE IN RESTRUCTURED APAC DIVISION* STRONGER SECOND HALF ANTICIPATED* FULL YEAR REVENUE IS EXPECTED TO BE BROADLY FLAT VERSUS 2018 AND AN IMPROVEMENT IN MARGIN WILL DRIVE A GROWTH IN PROFIT* REMAINS ON TRACK TO MEET YEAR-END BANKING LEVERAGE TARGET OF NET DEBT/EBITDA BETWEEN 1.0X AND 1.5X* ENHANCING NORTH AMERICA DIVISION THROUGH A REORGANISATION PROGRAMME WHICH CO EXPECT TO DRIVE MATERIAL REVENUE GROWTH Source text for Eikon: Further company coverage:

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