Reviewing business updates of two LSE listed stocks: Keller Group Plc and AO World Plc

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Keller Group Plc

Keller Group Plc (LON:KLR) is a London, United Kingdom based construction and materials company which operates as a specialist in the provision of geotechnical services and solutions. The company’s solutions are utilized over the construction and buildings industry in infrastructure, commercial, business, home developments and ecological undertakings. These are the fundamental classes of items that the company is in the business of providing. With the full scope of the company’s assets and solid building capacity, the company also likewise offers planning and fabrication services to meet each task's particular prerequisites. The wide range of company’s products and services include the likes of Ground Improvement, Grouting, Heavy foundation services, Earth retention, Post-tension systems as well as Instrumentation and monitoring.

The shares of the company are listed for trading on the London Stock Exchange. There they trade with the ticker name KLR and the main market segment. The shares of the company are also constituents of the FTSE All Share index.

Trading Update.

The company on 12 December 2019 came out with a trading update to provides a pre-close statement for the year ending 31 December 2019

• Michael Speakman the current interim CEO of the company and formerly holding the position of CFO, has now been elevated to be the permanent CEO of the company with immediate effect.
• The company expects to report numbers for the full year 2019 as per market expectations.

Stock Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report on 13 December 2019 the shares of the company were trading on the London Stock Exchange for GBX 746.00.

The shares of the company during the past 52 weeks trading at the London Stock Exchange have registered a 52-week high of GBX 767.00 while also registering a 52-week low of GBX 463.00. The company has a market capitalisation of £ 514.35 million on the London Stock Exchange at the time of writing of this report on 13 December 2019

The stock’s average volume (before the market close, at the time of writing, on 13 December 2019) stood at 190,030. Stock's average traded volume for 5 days was 75,188.80; 30 days- 90,777.47 and 90 days – 62,935.07. The company’s stock beta was 1.59, reflecting higher volatility as compared to the benchmark index. The average traded volume for five days was up by -17.17 per cent as compared to the 30 days average traded volume. In last one month, the shares have generated a positive return of +37.45 per cent and +44.28 per cent return on year to date basis.

Outlook

The company in the statement also stated that it has undertaken a review of the group's strategy and as a result has more clearly defined the core activities of its business. The aim of the company is to position itself to become a more focused, higher quality business with industry leading margins, achieving both sustainable operational delivery and cash generation.

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AO World Plc

AO World Plc (LON: AO.) United Kingdom domiciled online white goods and electricals retailer which delivers products via its in-house logistics business and few selected third parties. Headquartered in Bolton the company has operations in Germany and the Netherlands as well and owns the most sophisticated fridge recycling plants in Europe. The company also sells end-of-line and professionally refurbished goods directly to the public through its bricks and mortar outlets. The company’s operations are differentiated in two geographical segments, namely the United Kingdom and Europe.

The shares of the company are listed for trading on the London Stock Exchange. There they trade with the ticker name AO. in the main market segment. The shares of the company are also constituents of the FTSE All Share index.

Trading Update.

The company on 19 November 2019 came out with a trading update on the interim results of the company for the 6 months ended 30^th September 2019.

• The revenue of the company for the period increasing by 16.3 per cent to stand at £470.1 million whereas for the corresponding period in 2018 the revenues of the company stood at £404.2 million.
• The Basic loss per share of the company for the period stood at 1.01 pence, whereas for the corresponding period in 2018 it was a loss of 2.31 pence.

Stock Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report on 13 December 2019 the shares of the company were trading on the London Stock Exchange for GBX 80.70.

The shares of the company during the past 52 weeks trading at the London Stock Exchange have registered a 52-week high of GBX 136.60 while also registering a 52-week low of GBX 56.70. The company has a market capitalisation of £ 374.63 million on the London Stock Exchange at the time of writing of this report on 13 December 2019

The stock’s average volume (before the market close, at the time of writing, on 13 December 2019) stood at 157,859. Stock's average traded volume for 5 days was 162,994.40; 30 days- 250,312.53 and 90 days – 210,419.33. The company’s stock beta was (0.05), reflecting lower volatility as compared to the benchmark index. The average traded volume for five days was up by -34.88 per cent as compared to the 30 days average traded volume. In last one month, the shares have generated a positive return of +23.54 per cent and -39.10 per cent return on year to date basis.

Outlook

The company for the period registered a good performance compared to last year. The revenues of the company grew by 16.3 per cent, the adjusted EBITDA grew by 8.7 per cent, the basic loss per share decreased by 56.3 per cent and the diluted loss per share of the company decreased by 56.3 per cent as well. The company has showed a marked improvement in its performance for the period in terms of revenue which will go a long way in the company’s efforts of bringing itself out of red.