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Keller growth tracks ahead of 2015 levels

Keller has reported that its revenues and profits for the first four months of this year are slightly above the levels seen during the same period last year.

The company made the announcement ahead of its annual general meeting today when it also confirmed that its outlook for the year is unchanged since its last forecast in late February.

Commenting on performance so far in 2016, Keller said in a statement: “We have seen good performances from our north American and Europe, Middle East and Africa divisions although this has been offset by a disappointing performance in the Asia Pacific region.

“Tendering activity and contract awards are generally healthy. At the end of April, the group order book of work to be undertaken over the next 12 months, including acquisitions, was 15% higher year over year.

“Looking ahead, the group remains on course to meet the board’s expectations for the full year.”

Keller has reported that the larger construction markets in Europe remain stable with good starts to the year in the UK, Germany, Poland and Austria.

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