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Keller Group Surges to Record High on North American Strength

Shares of the geotechnical engineering firm Keller Group climbed 21% to hit an all-time peak of 32.40 pounds on Tuesday, fueled by an optimistic earnings outlook. The rally follows news that the company’s North American division is significantly outpacing management expectations, driven by a surge in demand for infrastructure and data center projects.

Keller Group Surges to Record High on North American Strength

The FTSE 250 company now expects to surpass full-year market forecasts, projecting an underlying operating profit of 223 million pounds against revenue of 3.15 billion pounds for 2025. This performance marks a steady climb from the previous year, where the group recorded 218.2 million pounds in profit on 3.09 billion pounds of revenue. Year-to-date, the stock has gained 93%.

North America remains the primary engine of this growth, contributing roughly 60% of total revenue. While Asia-Pacific operations have tracked alongside management targets, business across Europe and the Middle East has maintained a robust pace. With a record order book of 1.9 billion pounds and buoyant tendering activity, Chief Executive James Wroath confirmed the company is positioned to continue delivering shareholder returns through 2026.

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