IN BRIEF: Keller says confident of achieving full year expectations

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Keller Group PLC - London-based geotechnical engineering firm - Says trading in the first four months of the year is strong and ‘better than expected’ in terms of profit and cash. Says performance in Europe is in line with expectations. In North America, says focus continues to be on restoring the underlying operating margin. Looking ahead, says increased momentum has continued in the period, giving the firm confidence through the rest of 2023. Expects a full-year performance at least in line with expectations. For 2022, revenue was £2.94 billion. Pretax profit was £56.3 million.

Keller says it will release interim results on August 1.

Current stock price: 649.76 pence each, up 2.3% on Wednesday morning in London

12-month change: down 18%

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