REG - Keller Group PLC - Multi-year US highway contract variation award

KellerAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260609:nRSI4732Ha&default-theme=true

RNS Number : 4732H  Keller Group PLC  09 June 2026

 

9 June 2026

 

Keller Group plc

 

Multi-year US highway contract variation award

 

Keller Group plc ("Keller"), the world's largest geotechnical contractor,
announces that it has been awarded a contract variation order in relation to
the reconstruction of the I-40 highway in the US. Keller started working on
the I-40 project in 2025 and this latest agreement follows a series of work
packages that Keller is already undertaking.

 

To date and including this latest contract variation of $207m, Keller has
secured c$380m of work in relation to the

I-40 reconstruction, of which c$70m has been completed. The remainder of the
work is expected to be completed over the next two to three years.

 

This multi-year contract supports the Group's longer-term revenue visibility
and increases the Group order book to a record level of approximately £1.9bn.
The Group remains confident of delivering 2026 full year results in line with
expectations.

 

James Wroath, Chief Executive Officer at Keller, said:

"We are delighted to have secured further work on this major project, which
reflects both the strength of our technical capabilities and the confidence
our client has in Keller's expertise. The reconstruction of the I-40 corridor
is a critical infrastructure project, and we are proud to play a key role in
helping restore a vital transport link."

 

---------

 

This announcement contains inside information. The person responsible for
making this announcement is Catherine Shuttleworth, General Counsel and
Company Secretary.

 

For further information, please contact:

 

 Keller Group plc                                 www.keller.com (http://www.keller.com/)
 James Wroath, Chief Executive Officer            020 7616 7575
 David Burke, Chief Financial Officer
 Nicola Rogers, Group Head of Investor Relations

 FTI Consulting
 Nick Hasell                                      020 3727 1340
 Matthew O'Keeffe

 

 

Notes to editors:

Keller is the world's largest geotechnical specialist contractor providing a
wide portfolio of advanced foundation and ground improvement techniques used
across the entire construction sector. With around 10,000 staff and operations
across five continents, Keller tackles an unrivalled 5,500 projects every
year, generating annual revenue of c.£3bn.

 

Cautionary statements:

This document contains certain 'forward-looking statements' with respect to
Keller's financial condition, results of operations and business and certain
of Keller's plans and objectives with respect to these items. Forward-looking
statements are sometimes, but not always, identified by their use of a date in
the future or such words as 'anticipates', 'aims', 'due', 'could', 'may',
'should', 'expects', 'believes', 'intends', 'plans', 'potential', 'reasonably
possible', 'targets', 'goal' or 'estimates'. By their very nature forward
looking statements are inherently unpredictable, speculative and involve risk
and uncertainty because they relate to events and depend on circumstances that
will occur in the future. There are a number of factors that could cause
actual results and developments to differ materially from those expressed or
implied by these forward-looking statements. These factors include, but are
not limited to, changes in the economies and markets in which the Group
operates; changes in the regulatory and competition frameworks in which the
Group operates; the impact of legal or other proceedings against or which
affect the Group; and changes in interest and exchange rates. For a more
detailed description of these risks, uncertainties and other factors, please
see the Principal risks and uncertainties section of the Strategic report in
the Annual Report and Accounts. All written or verbal forward
looking-statements, made in this document or made subsequently, which are
attributable to Keller or any other member of the Group or persons acting on
their behalf are expressly qualified in their entirety by the factors referred
to above. Keller does not intend to update these forward-looking statements.
Nothing in this document should be regarded as a profits forecast. This
document is not an offer to sell, exchange or transfer any securities of
Keller Group plc or any of its subsidiaries and is not soliciting an offer to
purchase, exchange or transfer such securities in any jurisdiction. Securities
may not be offered, sold or transferred in the United States absent
registration or an applicable exemption from the registration requirements of
the US Securities Act.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CNTAKFBPFBKDPAK



            Copyright 2019 Regulatory News Service, all rights reserved