Keller Group plc (“Keller” or “the Group”), the international ground engineering specialist, is providing the following routine trading update in advance of its results for the financial year ending 31 December 2007, which will be announced on 3 March 2008.
We have continued to see strong overall trading and accordingly, the Board believes that the Group’s results for the year will be slightly ahead of the top end of the range of market expectations.
Our withdrawal from Makers is progressing well and the associated one-off charge in the second half of this year is still expected to be less than £10m, as indicated in our interim results announcement in August.
Orders in the second half have been good and all four of our geographic regions currently have higher order books than at the same time last year.
Justin Atkinson, Keller Chief Executive, commented:
“2007 will be another excellent year for Keller and our strong order book leaves us well placed for 2008.”