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Presentation

Webcast

6 Aug 2024

Interim Results Announcement for the six months ended 30 June 2024

9 Apr 2024

Annual Report and Accounts 2023

5 Mar 2024

Preliminary Results Announcement for the year ended 31 December 2023

1 Aug 2023

Interim Results Announcement for the six months ended 30 June 2023

11 Apr 2023

Annual Report and Accounts 2022

7 Mar 2023

Preliminary Results Announcement for the year ended 31 December 2022

2 Aug 2022

Interim Results Announcement for the six months ended 26 June 2022

12 Apr 2022

Annual Report and Accounts 2021

8 Mar 2022

Preliminary Results Announcement for the year ended 31 December 2021

3 Aug 2021

Interim Results Announcement for the six months ended 27 June 2021

13 Apr 2021

Annual Report and Accounts 2020

9 Mar 2021

Preliminary Results Announcement for the year ended 31 December 2020

4 Aug 2020

Interim Results Announcement for the six months ended 28 June 2020

14 Apr 2020

Annual Report and Accounts 2019

3 Mar 2020

Preliminary Results Announcement for the year ended 31 December 2019

29 Jul 2019

Interim Results Announcement for the six months ended 30 June 2019

11 Apr 2019

Annual Report and Accounts 2018

4 Mar 2019

Preliminary Results Announcement for the year ended 31 December 2018

30 Jul 2018

Interim Results Announcement for the six months ended 30 June 2018

26 Mar 2018

Annual Report and Accounts 2017

26 Feb 2018

Preliminary Results Announcement for the year ended 31 December 2017

18 Sep 2017

Capital Markets Day 2017

31 Jul 2017

Interim Results Announcement

24 Mar 2017

Annual Report and Accounts 2016

27 Feb 2017

Preliminary Results Announcement for the year ended 31 December 2016

1 Aug 2016

Interim Results Announcement for the six months ended 30 June 2016

24 May 2016

Trading Statement

10 May 2016

Annual Report and Accounts 2015 – correction

7 Apr 2016

Annual Report and Accounts 2015

29 Feb 2016

Preliminary Results Announcement for the year ended 31 December 2015

16 Nov 2015

Trading Statement

3 Aug 2015

Interim Results Announcement for the six months ended 30 June 2015

14 May 2015

Trading Statement

19 Mar 2015

Annual Report and Accounts 2014

2 Mar 2015

Preliminary Results Announcement for the year ended 31 December 2014

19 Dec 2014

Year End Trading Update

17 Nov 2014

Interim Management Statement

4 Aug 2014

Interim Results Announcement for the six months ended 30 June 2014

16 May 2014

Interim Management Statement

15 Apr 2014

Annual Report and Accounts 2013

3 Mar 2014

Full year results announcement for the year ended the 31 December 2013

19 Dec 2013

Year End Trading Update

19 Nov 2013

Interim Management Statement

29 Jul 2013

Interim report 2013

29 Jul 2013

Interim results for the six months ended 30 June 2013

28 Jun 2013

General Meeting - Acquisition of North American Piling

28 Jun 2013

Pre-close Trading Update

15 May 2013

Interim Management Statement

12 Apr 2013

Annual Report and Accounts 2012

4 Mar 2013

Full year results announcement for the year ended the 31 December 2012

18 Dec 2012

Year End Trading Update

15 Nov 2012

Interim Management Statement

16 Oct 2012

Capital Markets Day – Keller Australia

16 Oct 2012

Capital Markets Day – Keller Asia

16 Oct 2012

Capital Markets Day – Keller EMEA

16 Oct 2012

Capital Markets Day – Keller North America

30 Jul 2012

Interim report 2012

30 Jul 2012

Interim results for the six months ended 30 June 2012

29 Jun 2012

Pre-close Statement

18 May 2012

Interim Management Statement

26 Mar 2012

Annual Report and Accounts 2011

27 Feb 2012

Full year results announcement for the year ended the 31 December 2011

15 Dec 2011

Year End Trading Update

15 Nov 2011

Interim Management Statement

1 Aug 2011

Interim Report 2011

1 Aug 2011

Interim results for the six months ended 30 June 2011

12 May 2011

Interim Management Statement

28 Feb 2011

Annual Report and Accounts 2010

28 Feb 2011

Full year results announcement for the year ended the 31 December 2010

2 Aug 2010

Interim Report 2010

2 Aug 2010

Interim results for the six months ended 30 June 2010

12 Apr 2010

Annual Report 2009

2 Mar 2010

Preliminary results for the year ended 31 December 2009

21 Aug 2009

Interim Report 2009

30 Jul 2009

Interim results for the six months ended 30 June 2009

8 Apr 2009

Annual Report 2008

2 Mar 2009

Preliminary results for the year ended 31 December 2008

30 Jul 2008

Interim Results for the six months ended 30 June 2008

28 Jul 2008

Interim Report 2008

18 Jun 2008

Keller in Eastern Europe

18 Jun 2008

Keller Ground Engineering

18 Jun 2008

Keller in the Middle East

9 Apr 2008

Annual Report 2007

3 Mar 2008

Preliminary results for the year ended 31 December 2007

30 Aug 2007

Interim Report 2007

20 Aug 2007

Interim results for the half year ended June 2007

16 Apr 2007

Annual Report 2006

1 Mar 2007

Preliminary results for the year ended 31 December 2006

21 Aug 2006

Interim results for the six months ended 30 June 2006

21 Aug 2006

Interim Report 2006

7 Apr 2006

Annual Report 2005

6 Mar 2006

Preliminary results for the year ended 31 December 2005

22 Aug 2005

Interim Report 2005

22 Aug 2005

Interim results for the six months ended 30 June 2005

4 Apr 2005

Annual Report 2004

7 Mar 2005

Preliminary results for the year ended 31 December 2004

23 Aug 2004

Interim results for the six months ended 30 June 2004

23 Aug 2004

Interim Report 2004

24 Jun 2004

Presentation to analysts June 2004

13 Apr 2004

Annual Report 2003

12 Mar 2004

Preliminary results for the year ended 31 December 2003

15 Sep 2003

Interim Report 2003

22 Aug 2003

Interim results for the six months ended 30 June 2003

15 Apr 2003

Annual Report 2002

7 Mar 2003

Preliminary results for the year ended 31 December 2002

22 Aug 2002

Interim results for the six months ended 30 June 2002

22 Aug 2002

Interim Report 2002

7 Mar 2002

Preliminary results for the year ended 31 December 2001

Highlights

Revenue

£ 1,039.1 m
-5%

2019 H1: £1,091.7m

Operating profit

£ 47.9 m
+25%

2019 H1: £38.3m

Operating margin

4.6 %
+1.1%

2019 H1: 3.5%

Diluted Earnings per share

39.5 p
+46%

2019 H1: 27.1p

Order book

c.£ 1 bn

Dividend

--

2019 H1: 12.6p

CEO Comment

“I am very pleased with the way the Keller team has responded to the challenges of COVID-19, and their actions are evidenced by our strong financial performance in the first half, further good progress in the implementation of our strategic actions and expected resilient performance for the full year. The late cycle nature of our business makes us naturally cautious about the short-term economic outlook and we are proactively managing the business accordingly. The long-term fundamentals for Keller continue to be strong and we remain optimistic about the future trading prospects and strategic opportunities for the Group.”

Summary

  H1 2020
£m
H1 2019
£m
  % change Constant currency
% change
Revenue 1,039.1 1,091.7 -5% -5%
Underlying operating profit1 47.9 38.3 +25% +20%
Underlying profit before tax1 40.7 27.5 +48% +39%
Underlying diluted earnings per share1 39.5p 27.1p +46% +37%
Net debt2 155.1 333.5 -54% -54%
Interim dividend per share - 12.6p - -
         
Statutory operating profit 28.0 32.5    
Statutory profit before tax 20.8 21.7    
Statutory diluted earnings per share 13.8p 4.8p    

(1) Underlying operating profit, profit before tax and underlying diluted earnings per share are non-statutory measures which provide readers of this interim announcement with a balanced and comparable view of the Group’s performance by excluding the impact of non-underlying items, as disclosed in note 7 of the interim condensed consolidated financial statements.

(2) Net debt is presented on a lender covenant basis excluding the impact of IFRS16 as disclosed in note 12 of the interim condensed consolidated financial statements.