UK's Keller Group hits record high on annual outlook raise, upbeat HY profit

Keller

06/08/2024 11:59

** Shares in Keller Group  KLR.L  up 10.3% at 1,520 pence
after hitting all-time high of 1,568 pence
    ** Stock is top gainer on FTSE mid cap index  .FTMC 
    ** The engineering contractor sees FY performance to be
ahead of market view
    ** Reports 69% growth in HY underlying operating profit at
113.2 mln pounds ($143.70 mln)
    ** Expects 5% increase to its FY dividend
    ** "Current macroeconomic environment presents
opportunities, particularly in North America, albeit there are
challenges in some of our other markets" - CEO Michael Speakman
    ** Including session's gains, stock up 73.2% YTD




($1 = 0.7878 pounds)

 (Reporting by DhanushVignesh Babu in Bengaluru)
 ((DhanushVignesh.Babu@thomsonreuters.com;))