Keller Group (LON:KLR) Issues Quarterly Earnings Results

Keller Group (LON:KLR) posted its earnings results on Tuesday. The company reported GBX 115.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Keller Group had a net margin of 4.62% and a return on equity of 23.46%.

Here are the key takeaways from Keller Group’s conference call:

• Record H1 performance: Revenue rose 11% on a constant-currency basis and underlying operating profit increased 17.1%, lifting the operating margin to 7.3% and putting Keller on track for a fourth consecutive record year.
• North America drove growth with revenue up 16.7% and operating profit up 17.7%, supported by data centers, infrastructure projects and the multi-year I-40 highway remediation contract. The North American order book increased 20% to £1.37 billion.
• Data centers now account for 9% of group revenue, up from 3% in 2025, and management expects the U.S. growth trend to continue. The company also highlighted a 57% increase in the interim dividend and continued share buybacks.
• Trading remains uneven across the portfolio: South Florida multifamily revenue fell by roughly one-third as projects were delayed, the U.K. market faces intense competition and pricing pressure, and Keller Australia experienced margin pressure from weather, project mix and pricing.
• Management retained confidence in achieving its upgraded FY 2026 expectations and sustaining margins above 7%, but cited people and specialist operational talent as key growth bottlenecks. Further details on longer-term growth, M&A and capital allocation are being deferred to the October Capital Markets Day.

Keller Group Price Performance

Shares of Keller Group stock opened at GBX 3,082 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 1.17 and a debt-to-equity ratio of 48.39. The firm has a fifty day simple moving average of GBX 2,846.56 and a 200-day simple moving average of GBX 2,331.69. The stock has a market capitalization of £2.10 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 2.86 and a beta of 1.03. Keller Group has a 1-year low of GBX 1,238 and a 1-year high of GBX 3,518.

Analyst Ratings Changes

A number of research firms have recently weighed in on KLR. Royal Bank Of Canada raised their price target on shares of Keller Group from GBX 2,050 to GBX 2,270 and gave the company a “sector perform” rating in a report on Tuesday, April 14th. Berenberg Bank increased their target price on shares of Keller Group from GBX 3,150 to GBX 3,300 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Peel Hunt restated a “buy” rating and set a GBX 2,910 target price on shares of Keller Group in a report on Tuesday. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,670.

Keller Group Company Profile

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.