KLR Keller Group Plc

 
TIDMKLR 
 
For immediate release 
                        11 October 2016 
 
                               Keller Group plc 
 
                      Contract Award in Port Said, Egypt 
 
Keller Group plc ("Keller"), the world's largest geotechnical contractor, 
announces that it has been awarded a major contract in Port Said, Egypt. 
 
The contract for ground improvement works forms part of the development by the 
Egyptian Government of the eastern shore of Port Said, along the newly created 
navigation channels of the Suez Canal.  The contract is for a value of around GBP 
60m with work expected to commence imminently and to be completed by the third 
quarter of 2017. 
 
Alain Michaelis, Chief Executive, commented: 
 
"This significant project win in the Middle East demonstrates the continued 
development of Keller in this important region.  This is the Group's second 
recent major award, following the award of the GBP50m contract in Abu Dhabi 
announced in August." 
 
For further information, please contact: 
 
Keller Group plc 
 
James Hind, Finance Director               020 7616 7575 
 
Finsbury 
 
Gordon Simpson/Theo Hildebrand             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 GBP1.6bn, Keller has approximately 10,000 staff 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. 
 
 
 
END 
 

(END) Dow Jones Newswires

October 11, 2016 02:00 ET (06:00 GMT)

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