Construction services group Keller issued a profit warning this week.
The firm said its full-year pre-tax profit would be below market expectations, which had been for a £31m return. The company is likely to make about 10% less than this.

The disappointing results will trigger a review of Makers, the firm's social housing and car park refurbishment arm. This division is expected to break even, before exceptional items.

Makers has suffered after a car park contract in Norwich fell through, and one of its main social housing clients, Westminster council, spent less than it had expected. The division suffered redundancies earlier this year.

Our performance for the year will be below expectations

Tom Dobson, chief executive

Keller said it will focus on its core ground engineering activities. Management will be restructured on a regional basis, rather than by market sector. Rob Ewen has stepped down as managing director of the specialist services division. Wolfgang Sondermann, managing director of the European and overseas business, has joined the board.