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Post-Olympic blues for generator supplier Aggreko

Tuesday 18 December 2012 09:53 GMT
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The generator supplier Aggreko suffered post-Olympics blues yesterday as it warned that revenues next year will be £100m lower than this year's.

Shares in the FTSE 100 company dropped after it said: "The economic outlook we will be facing in 2013 is particularly uncertain in many of our markets."

The firm said that without the boost provided by the Olympics, the reduction of the number of American troops in Afghanistan and the likelihood that some of its Japanese contracts might not be renewed would together account for £100m less revenue in the coming year. Aggreko shares fell 22 per cent of 461p to 1,664p.

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