Boost from Americas to spark Aggreko

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The Independent Online

Aggreko, the FTSE 100 generators giant, yesterday said that strength in the Americas would see revenues grow 5 per cent during the first half of the year, but trading profit for the six months will still be in line with last year's £159m.

The temporary power group said the Americas will grow revenues by 11 per cent in the first half, and Europe, the Middle East and Africa by 8 per cent. It added: "We expect the local business to deliver a strong first half while trading in Power Projects remains subdued."

The company said first-half Asian revenues would be about 6 per cent lower than last year, mostly because of lower revenues from Japan, which had hired generators after the Fukushima earthquake, and Indonesia.