Keller still on track for full year
Ground engineering specialist Keller said overall market and trading conditions have remained stable since mid November and it remains on track to meet full year guidance.
Ground engineering specialist Keller said overall market and trading conditions have remained stable since mid November and it remains on track to meet full year guidance.
In its interim statement in November the group said 2012 full-year revenue was expected to be around £1.3bn, with full-year profit before tax significantly above the then range of market expectations.
Most of its growth has been fuelled by progress in its North American business, as the US construction market slowly picks up.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Since November the overall market and trading conditions have remained largely unchanged, the group said.
"Accordingly, the board continues to expect that the full year results will be in line with the guidance given in November," it said.
CJ
-
Should you sell in May this year?
The market adage looks unlikely to apply in 2024, and global equities are proving resilient
By Max King Published
-
Should you invest in UK equities?
The FTSE 100 hit a record high this week, but UK equities remain unloved and undervalued compared to their global and US peers. Should you snap them up at a discount?
By Katie Williams Published