Aggreko on track for the year as rental business boosts revenues April 15, 2014 TEMPORARY power provider Aggreko’s share price spiked yesterday, after a bumper trading update unveiled a five per cent rise in revenues for the first three months of the year. The FTSE 100 company’s power equipment rental business accounts for around half its revenues, which soared 11 per cent during the quarter. The firm, whose client list [...]
Aggreko soars as investors get £200m payout March 6, 2014 AGGREKO delighted investors yesterday with in-line results, a £200m special dividend and a better-than-expected outlook for 2014. The FTSE 100 temporary power provider’s shares soared around nine per cent in early trading, before settling later in the day and closing 3.5 per cent higher. “After nine consecutive years of growth, 2013 proved to be a [...]
Aggreko shares jump despite currency headwinds warning March 6, 2014 Power generator hire company Aggreko has reported an eight per cent fall in profit before tax, to 338m last year. After nine years of growth, last year proved a challenging one for the firm. but with results in line with what analysts were expectating, and outlook for 2014 better than some had hoped for, shares [...]
Serco shares rocket on appointment of Aggreko chief February 28, 2014 Scandal-hit Serco has announced this morning that it’s appointed Rupert Soames, current chief executive (CEO) of Aggreko, as its new CEO. Shares have jumped over 10 per cent on the news. Source: Google Chris Hyman, the company’s last boss, left in October, following the string of fiascos concerning the electronic tagging of prisoners. Last [...]