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Keller walks The Line in Saudi Arabia

Work on first module worth £50mn is expected to complete within 12 months
June 28, 2022
  • Order book stands at £1.5bn
  • Interim dividend lifted by 5 per cent and progressive policy reintroduced

Contractor Keller (KLR) said it plans to lift its dividend after winning a major contract in Saudi Arabia, which is expected to boost the size of its order book to about £1.5bn.

The company landed a contract at The Line, a 170km-long car-free city being built as the first part of the country’s $500bn (£407bn) Neom project. It has been treated with scepticism outside the country, but has provided a boon for UK building and planning specialists. 

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