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Date: Tuesday 13 May 2008

LONDON (ShareCast) - Engineering specialist Keller said trading in the first four months of 2008 has remained strong, with revenue, operating profit and orders ahead of the comparable period last year and in line with expectations.

However, the group said its US business Suncoast is having a difficult first half, although it remains profitable.  

Keller's financial position remains strong with no significant changes since the publication of its full-year results to 31 December.

“Our broad client base and exposure to diverse geographic markets protect against cycles in individual markets and will help to mitigate the impact of the widely-expected downturn in the US commercial sector,” said the group.

“In the shorter term, demand for our products in most of our markets remains good, our operations are performing well and all four of our geographic regions currently have higher order books than at this time last year. This strong start to the year supports a favourable outlook for the group for the half year to 30 June 2008,” it added.  

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