Aggreko trading on track thanks to Winter Olympics and Ryder Cup

first_img Aggreko trading on track thanks to Winter Olympics and Ryder Cup Tags: Aggreko Company More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Aggreko said its North America revenue reflects strong growth in oil and gas, while hurricane-related work was a significant factor.But the company said market conditions in the Middle East are challenging due to the Qatar blockade, while underlying revenue in Africa was also down on last year.Aggreko’s negative results in power solutions utility were expected, the firm said, due to lower rates and off-hires in Zimbabwe, Bangladesh and Japan.What Aggreko saidAggreko said: “We remain on track to deliver our guidance of full year profit before tax in line with 2017, excluding the effects of currency.” James Warrington whatsappcenter_img Wednesday 14 November 2018 12:48 am Share Power generator supplier Aggreko today reported trading in line with expectations for the nine months to the end of September, boosted by contracts with the Ryder Cup and Winter Olympics.The figuresTotal underlying revenue was up 11 per cent. whatsapp Underlying revenue for the rental solutions division, which makes up 52 per cent of the group, increased 26 per cent. In North America revenue was up 32 per cent.Underlying revenue for the power solutions utility division, which makes up 21 per cent of the group, was down 14 per cent.Why it’s interestingAggreko said its results were in line with market expectations and maintains its forecasts for full-year profits before tax.The company, which provides mobile power, temperature control and energy services, received significant boosts from the Ryder Cup in France in September and the Winter Olympics in South Korea in February.last_img

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