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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Keller Group Plc | LSE:KLR | London | Ordinary Share | GB0004866223 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1,046.00 | 1,036.00 | 1,040.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Engineering Services | 2.97B | 89.4M | 1.2284 | 8.45 | 755.42M |
TIDMKLR
RNS Number : 3962P
Keller Group PLC
29 May 2018
For immediate release
29 May 2018
Keller Group plc
Keller Intrafor Joint Venture awarded A$200 million contract
as part of Metro Tunnel Project
Keller Group plc ('Keller'), the world's largest geotechnical contractor, announces its 50:50 joint venture with Intrafor (KIJV), part of Bouygues Construction, has been awarded an A$200m (GBP113m) contract for work on the A$6 billion Metro Tunnel Project in Melbourne Australia.
The contract joint venture brings together complimentary geotechnical capabilities, experience and capacity for this major infrastructure project; a new metro line running through the Melbourne Central Business District that will deliver twin nine-kilometre tunnels and five new underground stations.
The contract is to construct the substructure retention walls and foundation piling for the stations. The project will require two diaphragm wall cutters, four diaphragm wall grabs and up to 12 piling rigs. Keller and Intrafor provided a significant amount of early technical advice to optimise design and buildability.
The joint venture is currently mobilising teams and equipment with work starting this month. While the majority of KIJV packages will finish mid-2019, it is anticipated that work will continue through to 2020.
Alain Michaelis, Chief Executive, comments:
"Our global scale and expertise, in combination with a strong track record of successful work in Melbourne, made us ideally placed to win work on this landmark project."
For further information, please contact:
Keller Group plc James Hind, Finance Director 020 7616 7575 Victoria Huxster, Head of Investor Relations Finsbury Gordon Simpson/James Kavanagh 020 7251 3801
Notes to editors:
Keller is the world's largest geotechnical contractor, providing technically advanced geotechnical solutions to the construction industry. With annual revenue of around GBP2.0bn, Keller has more than 10,000 employees world-wide.
Keller is the clear market leader in the US, Canada, Australia and South Africa; it has prime positions in most established European markets and a strong profile in many developing markets.
For more information, please go to http://www.keller.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
May 29, 2018 02:00 ET (06:00 GMT)
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