Slow start to 2019 hits Keller’s first half

By Hamish Champ2019-05-16T12:00:00

Specialist contractor claims second half will be “much stronger”

Keller has warned that its first half results will be “materially lower” than last year after worse-than-expected trading in the first four months of the year.

The specialist contractor, which is overhauling underperforming operations in Asia and the Far East, said overall business had been “modest” and it expected profits to be weighted towards the second half.

Following a period of losses Keller said it expected its ASEAN operations to return to profit in the second half, while restructuring plans were on track.

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