Aggreko (AGK)

Sector:

Support

Index:

FTSE 250

846.20p
   
  • Change Today:
    -7.40p
  • 52 Week High: 869.20p
  • 52 Week Low: 693.20p
  • Currency: UK Pounds
  • Volume: 261,498
  • RiskGrade: 88

Aggreko confident of hitting FY guidance after solid underlying first half

By Frank Prenesti

Date: Wednesday 01 Aug 2018

LONDON (ShareCast) - (Sharecast News) - Temporary power supplier Aggreko said first half pre-tax profits fell 7% to £59m, with revenues up 10% to £857m.
On an underlying basis, profits for the term were up 8%, the company said. The dividend remained flat at 9.38p a share.

Underlying group revenue rose 14%, driven by a strong performance in Aggreko's rental division which offset the decline in its power operation.

The operating margin was 9%, compared with 10% in 2017. This resulted in a fall in the group's return on capital employed to 11% from 12%.

Diluted earnings per share were 15.85p from 17.88 pence, excluding exceptional items.

Chief executive Chris Weston said the company was on track to meet full year guidance.

"As we continue to execute on our strategy, we have also completed a comprehensive review of the group's expected performance over the medium term," he said.

"Based on this review, and the detailed action plans we have developed, we are confident that the group can deliver a return on capital employed in the mid-teens in 2020 with potential for further improvement beyond this."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Aggreko Market Data

Currency UK Pounds
Share Price 846.20p
Change Today -7.40p
% Change -0.87 %
52 Week High 869.20p
52 Week Low 693.20p
Volume 261,498
RiskGrade 88

Aggreko Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.21% below the market average4.21% below the market average4.21% below the market average4.21% below the market average4.21% below the market average
9.4% below the sector average9.4% below the sector average9.4% below the sector average9.4% below the sector average9.4% below the sector average
Price Trend
45.82% above the market average45.82% above the market average45.82% above the market average45.82% above the market average45.82% above the market average
11.29% above the sector average11.29% above the sector average11.29% above the sector average11.29% above the sector average11.29% above the sector average
Income
17.37% above the market average17.37% above the market average17.37% above the market average17.37% above the market average17.37% above the market average
21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average
Growth
66.96% below the market average66.96% below the market average66.96% below the market average66.96% below the market average66.96% below the market average
79.13% below the sector average79.13% below the sector average79.13% below the sector average79.13% below the sector average79.13% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 1
Sell 1
Strong Sell 4
Total 11
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Aggreko Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 18-Apr-19
Paid 01-Oct-19 24-May-19
Amount 9.38p 17.74p

Trades for 21-Jan-2020

Time Volume / Share Price
16:38 254 @ 846.20p
16:35 112,161 @ 846.20p
16:29 155 @ 846.80p
16:29 14 @ 846.80p
16:29 18 @ 846.80p

Aggreko Key Personnel

CEO Chris Weston
CFO Heath Drewett

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