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Keller reports improving market outlook

Keller has reported that the market improvements seen in the first six months of this year have continued into the second half, according to an interim management statement issued today.

The company has said that although market conditions have not changed significantly, it has seen an increase in contracts awarded and its order book is above the level seen this time last year.

Keller has made a number of major acquisitions so far this year and the effect of these means that the company expects revenue levels to match last year but margins have improved as a result of business improvement initiatives. As a result of these efficiencies, Keller has forecast its full year results to be slightly above the top end of current market expectations.

Keller is expected to release a pre-close statement on its full year results on 19 December.

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