Business
Results for the six months ended 30 June 2018
Results for the six months ended 30 June 2018.
About this update from Keller Group Plc
[{"type":"text","content":"\n \nRNS Number : 0747W Keller Group PLC 30 July 2018 \n\nFor immediate release 30 July 2018\n \nKeller Group plc\nResults for the six months ended 30 June 2018\n \nKeller Group plc (\"Keller\" or \"the group\"), the world's largest geotechnical contractor, announces its results for the six months ended 30 June 2018.\n \n\n\n\n\n \n\n\n \nH1 2018\n£m\n\n\n \nH1 2017\n£m\n\n\n \n \n% change\n\n\nConstant currency \n% change\n\n\n\n\nRevenue\n\n\n1,075.1\n\n\n991.1\n\n\n+8%\n\n\n+15%\n\n\n\n\nUnderlying EBITDA1\n\n\n83.5\n\n\n78.1\n\n\n+7%\n\n\n+15%\n\n\n\n\nUnderlying operating profit1\n\n\n49.1\n\n\n44.0\n\n\n+12%\n\n\n+22%\n\n\n\n\nUnderlying profit before tax1\n\n\n42.2\n\n\n39.3\n\n\n+7%\n\n\n+18%\n\n\n\n\nUnderlying earnings per share1\n\n\n41.0p\n\n\n35.0p\n\n\n+17%\n\n\n+29%\n\n\n\n\nInterim dividend per share\n\n\n12.0p\n\n\n9.7p\n\n\n+24%\n\n\n+24%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nStatutory operating profit\n\n\n42.8\n\n\n60.4\n\n\n(29)%\n\n\n(25)%\n\n\n\n\nStatutory profit before tax\n\n\n35.9\n\n\n55.2\n\n\n(35)%\n\n\n(31)%\n\n\n\n\nStatutory earnings per share\n\n\n33.9p\n\n\n57.0p\n\n\n(41)%\n\n\n(37)%\n\n\n\n\n \n1 Before pre-tax non-underlying costs of £6.3m (H1 2017: credit of £15.9m). The H1 2017 statutory profit included a £21.0m credit from an exceptional contract dispute. Details of the non-underlying items are set out in note 6 of the consolidated financial information.\n \nH1 2018 summary:\n· Record first half revenue of £1,075m driven by constant currency growth of 15%\n· Strong underlying constant currency operating profit growth of 22% \n· Divisional performance\n·...