Aggreko (AGK)

Sector:

Support

Index:

FTSE 250

841.20p
   
  • Change Today:
      9.20p
  • 52 Week High: 876.60
  • 52 Week Low: 691.80
  • Currency: UK Pounds
  • Volume: 312,456
  • RiskGrade: 123

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 841.20p
Change Today 9.20p
% Change 1.11 %
52 Week High 876.60
52 Week Low 691.80
Volume 312,456
RiskGrade 123

Aggreko Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.39% below the market average23.39% below the market average23.39% below the market average23.39% below the market average23.39% below the market average
39.34% below the sector average39.34% below the sector average39.34% below the sector average39.34% below the sector average39.34% below the sector average
Price Trend
35.93% above the market average35.93% above the market average35.93% above the market average35.93% above the market average35.93% above the market average
54.33% above the sector average54.33% above the sector average54.33% above the sector average54.33% above the sector average54.33% above the sector average
Income
1.86% below the market average1.86% below the market average1.86% below the market average1.86% below the market average1.86% below the market average
14.61% below the sector average14.61% below the sector average14.61% below the sector average14.61% below the sector average14.61% below the sector average
Growth
67.04% below the market average67.04% below the market average67.04% below the market average67.04% below the market average67.04% below the market average
72.88% below the sector average72.88% below the sector average72.88% below the sector average72.88% below the sector average72.88% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 4
Sell 1
Strong Sell 4
Total 13
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 13-Sep-2019

Time Volume / Share Price
16:43 10,000 @ 836.69p
16:43 10,000 @ 836.69p
16:43 10,000 @ 844.22p
16:43 10,000 @ 844.22p
16:35 138,041 @ 841.20p

Aggreko Key Personnel

CEO Chris Weston
CFO Heath Drewett

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