Keller Group
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Keller Group (KLR) investor relations material

Keller Group Trading update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Trading update summary7 Jul, 2026

Trading performance and divisional highlights

  • North America division significantly outperformed expectations, driven by record volumes and strong demand for infrastructure and data centre projects, offsetting a weaker south Florida residential market.

  • Europe and Middle East division delivered robust results, with strong projects in Scandinavia, central Europe, and the Middle East balancing subdued conditions in western Europe.

  • Asia Pacific division performed in line with expectations, with Austral maintaining momentum and offsetting pricing pressures in the Australian foundations market.

Order book and tendering activity

  • Order book reached a record level of approximately £1.9bn, supported by major multi-year infrastructure contracts.

  • Tendering activity remains buoyant across all divisions, indicating continued strong demand.

Financial outlook and guidance

  • Full year 2026 revenue and underlying operating profit are now expected to be materially ahead of current market consensus (£3,150m revenue and £223m operating profit).

  • Balance sheet and cash generation remain strong, supporting confidence in long-term growth prospects.

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