Key Points – Keller delivered record first-half 2026 results, with constant-currency revenue up 11%, underlying operating profit up 17.1% and margins improving to 7.3%.
Management remains confident of meeting its upgraded full-year expectations and achieving a fourth consecutive record year. – North America was the main growth engine, with revenue up 16.7% and operating profit up 17.7%, driven by data-center foundations and major infrastructure projects including the I-40 highway remediation
Data centers rose to 9% of group revenue, while weaker multifamily residential activity remained a headwind. – Cash generation supported a 57% increase in the interim dividend and ongoing share buybacks, while management expects to end the year with approximately £30 million of net cash. EMEA profit rose despite lower revenue, whereas APAC revenue grew strongly but profit was broadly flat due to pricing and weather pressures. Keller Group (LON:KLR) reported record first-half results for 2026, with revenue and underlying operating profit rising as strong demand for data centers and infrastructure work in North America offset weaker conditions in some residential and European markets.
Chief Executive James Wroath said the company was on course for its fourth consecutive record year. Revenue increased 11% on a constant-currency basis during the first half, while underlying operating profit rose 17.1% and the underlying operating margin improved to 7.3%. Wroath said the performance demonstrated the benefits of Keller’s geographic diversification and ability to shift resources toward higher-demand subsectors.