Business
Results for the year ended 31 December 2017
Results for the year ended 31 December 2017.
About this update from Keller Group Plc
[{"type":"text","content":"\n \nRNS Number : 8279F Keller Group PLC 26 February 2018 \n\nFor immediate release Monday, 26 February 2018\n \nKeller Group plc\nResults for the year ended 31 December 2017\n \nKeller Group plc (\"Keller\" or \"the group\"), the world's largest geotechnical contractor, announces its results for the year ended 31 December 2017.\n \n\n\n\n\n \n\n\n \n2017\n£m\n\n\n \n2016\n£m\n\n\n \n \n% change\n\n\nConstant currency \n% change\n\n\n\n\nRevenue\n\n\n2,070.6\n\n\n1,780.0\n\n\n+16%\n\n\n+10%\n\n\n\n\nUnderlying EBITDA1\n\n\n177.2\n\n\n158.6\n\n\n+12%\n\n\n+7%\n\n\n\n\nUnderlying operating profit1\n\n\n108.7\n\n\n95.3\n\n\n+14%\n\n\n+10%\n\n\n\n\nUnderlying profit before tax1\n\n\n98.7\n\n\n85.1\n\n\n+16%\n\n\n+12%\n\n\n\n\nUnderlying earnings per share1\n\n\n102.2p\n\n\n75.9p\n\n\n+35%\n\n\n+30%\n\n\n\n\nTotal dividend per share\n\n\n34.2p\n\n\n28.5p\n\n\n+20%\n\n\nn/a\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\n121.3\n\n\n85.2\n\n\n+42%\n\n\n+39%\n\n\n\n\nStatutory profit before tax\n\n\n110.6\n\n\n73.9\n\n\n+50%\n\n\n+46%\n\n\n\n\nStatutory earnings per share\n\n\n121.0p\n\n\n65.7p\n\n\n+84%\n\n\n+82%\n\n\n\n\n \n1 Before pre-tax non-underlying credits of £11.9m (2016: costs of £11.2m). Details of the non-underlying items are set out in note 5 of the consolidated financial information.\n \n2017 summary:\n· Record revenue of £2,070.6m, up 16%, driven by strong organic growth\n· Underlying profit before tax up 16% to £98.7m\n· Divisional performance\n· EMEA: very strong profit growth (over 70% up to £53.3m) with excellent execution of large contracts\n· North America: underlying profit decline of 14% to £78.7m, reflecting some ongoing regi...