UK's Keller Group falls after flagging challenging environment in Europe

Keller

14/11/2024 09:05

** Shares of engineering contractor Keller Group  KLR.L 
down 7.6% at 1,512p
    ** Co says macroeconomic environment remained a challenge
across Europe leading to weak activity levels, which impacted
profitability in residential and commercial sectors for the
10-month period ended Oct. 31
    ** Europe contributed 23.13% to the company's total revenue
in 2023
    ** Group remains on track to deliver FY performance in line
with expectations
    ** As of last close, stock up 85.9% YTD

 (Reporting by Subiksha S in Bangalore)
 ((Subiksha.S@thomsonreuters.com))