Keller stock jumps after order book tops 60% of sales forecast
Keller Group plc shares rose Tuesday after the ground-engineering company said it expects full-year revenue and underlying operating profit to beat consensus by a wide margin, thanks to a jump in U.S. infrastructure and data center orders. The ramp in orders now puts the company’s valuation in focus for the rest of the year. London stocks were trading with the market open as of publication. The London Stock Exchange’s regular hours on July 7 are 0800 to 1630 BST. Keller last changed hands at 3,252p at 14:02 BST, up 570p for the day. Volume hit 708,230 shares, topping Google Finance’s average of 173,280 by more than four times.