LONDON (Alliance News) - Ground engineering company Keller Group PLC on Tuesday said it has seen no significant shift in market trends in the first four months of 2016 and is on course to meet its expectations for 2016.
Keller said revenue and profit in the first four months were slightly up year-on-year, with good performances in North America and Europe, the Middle East and Africa offsetting weaker trading in Asia-Pacific.
Tendering and contract award activity has been "generally healthy", the company said, and its order book at the end of April was 15% higher year-on-year.
"We have seen a solid start to 2016 despite a number of difficult markets. The order book is strong and we anticipate making continued progress in the remainder of the year," said Alain Michaelis, Keller's chief executive.
The company will publish interim results on August 1.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Keller (KLR)