Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Makers confident

FINANCE

TRADING at Makers, the maintenance contractor owned by ground engineering giant Keller, is continuing to improve.

Makers slumped into the red last year, when its management offered between £6 million and £7 million for the business only for Keller's board to reject this bid as the deal only involved £2 million of cash up-front.

Keller expects Makers to return to profit in the second half of this year.

The group is expected by analysts to hold onto the business in the short term as Makers has accumulated Inland Revenue credits for previous UK losses, which means that Keller pays reduced tax.