Keller profit collapses on back of Asia Pacific woe

By Will Ing2019-03-04T12:19:00

Contractor was forced to spend £64m restructuring business last year

Keller made a pre-tax profit of just £8.4m in 2018 thanks to problems in its Asia Pacific region.

Turnover at the ground engineering specialist was up 7% to £2.2bn, largely as the result of £68m acquisition of US geotechnical contract Moretrench made by its American arm last March.

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