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KLR — Keller News Story

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UK's Keller hits record high on forecast boost

BUZZ-UK's Keller hits record high on forecast boost

** Shares of engineering contractor Keller Group KLR.L rise as much as 14% to a record high of 3054p

** Co expects FY revenue & underlying operating profit to be materially ahead of current market consensus, helped by strong trading in its largest North America division

** Brokerage Berenberg raises PT on stock to 3150p from 2550p

** "While the update did not disclose specific divisional financial or balance sheet figures, the overall narrative is one of clear positive momentum at present" - Berenberg

** YTD, KLR up 83%


(Reporting by Nithyashree R B in Bengaluru)

((NithyashreeRB@thomsonreuters.com))

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