2017 H1 summary:
Record first half revenue of £991.1m (2016: £849.7m)
Underlying operating profit up 24% or 14% on a constant currency basis
Divisional performance
o EMEA: continued strong growth in both revenue and profit
o APAC: good progress towards profitability
o North America: lower revenue and profit reflecting a slowdown in commercial construction in two large metropolitan areas where Keller has strong positions
Exceptional profit of £21.0m from profit on sale of the Avonmouth property and further insurance proceeds received
Net debt decreased to £297.3m (31 December 2016: £305.6m), with £62.0m sale of the Avonmouth property offset by seasonal first half cash outflow. Net debt represents 1.7x annualised EBITDA
Year-end order book over £1.1bn; an all-time high and 20% above last year on a constant currency basis
Interim dividend per share of 9.7p (2016: 9.25p), an increase of 5%
