|Bid||690.00 x 232900|
|Ask||928.00 x 55100|
|Day's range||726.40 - 733.40|
|52-week range||638.60 - 994.50|
|PE ratio (TTM)||17.64|
|Earnings date||1 Aug 2018|
|Forward dividend & yield||0.27 (3.71%)|
|1y target est||793.75|
European shares bounced off six-month lows on Tuesday as the focus shifted from politics to dealmaking and earnings, with paper and packaging stocks soaring after Smurfit Kappa rejected a bid approach. ...
Aggreko's power solutions utility business, which installs and operates modular, mobile power plants in emerging markets, has been under pressure primarily due to lower pricing and volumes in Argentina. The company, which powers major events and covers electricity shortfalls, said its operating margin fell to 13 percent in 2017 from 16 percent a year earlier with margins in the power solutions utility declining 11 percentage points. Aggreko expects to renew about 174 megawatts (MW) of contracts in Argentina but at a further price discount to the extensions it secured in 2016, it said.
Aggreko plc, has completed the acquisition of A Contact Electric Rentals, LP , a provider of specialized medium and high voltage electrical distribution and transformer rental equipment, for an undisclosed amount.
Power generation and HVAC specialty rental company Aggreko, plc has launched the cost and energy-efficient Hybrid Power System 3K into the construction industry.
New orders in the power solutions utility business fell 35.6 percent to 666 megawatts (MW) this year, while revenue at the unit dropped 15 percent in the third quarter. In Argentina, it expects 214 MW of contracted volume to be terminated by the end of this year. "The prospect pipeline continues to be healthy, however it is still taking longer to convert than last year," Aggreko said.
Shares (Berlin: DI6.BE - news) of Aggreko (Frankfurt: A1XFZR - news) , the world's largest temporary power provider, slumped more than 11 percent on Tuesday after the company said orders at its unit that installs and operates power plants fell by more than a third. New (KOSDAQ: 160550.KQ - news) orders in the power solutions utility business fell 35.6 percent to 666 megawatts (MW) this year, while revenue at the unit dropped 15 percent in the third quarter. In Argentina, it expects 214 MW of contracted volume to be terminated by the end of this year.
World stocks rose on Tuesday, recovering losses after the collapse of German coalition talks -- and Chancellor Angela Merkel's signal that new elections may follow -- had earlier weighed on markets. The MSCI World index was up 0.2 percent at 1230 GMT and similar rises for S&P 500 and Dow Jones futures indicated U.S. equities were set to open higher. Late on Monday, Merkel said she would prefer fresh elections to ruling with a minority government after coalition talks ended between her conservative bloc, the liberal pro-business Free Democrats (FDP) and environmentalist Greens.
Aggreko has moved to a new 20,000 sq. ft. service center in Minneapolis to meet increased customer demand for its power, HVAC and oil-free air rental products and services.
Aggreko has moved to a new 20,000 sq. ft. service center in Minneapolis to meet increased customer demand for its power, HVAC and oil-free air rental products and services. The new facility is double the size of the previous center and gives the world leader in mobile, modular, heating, power and cooling and oil-free air additional space to deploy a full range of Aggreko equipment, including natural gas and diesel generators, cooling towers, air conditioners, heaters, oil-free compressors and accessories.
** Aggreko, world's largest temporary power provider, -7% & top UK midcap faller ** Berenberg cuts stock to "sell" from "hold", TP to 770p from 800p ** Broker flags stock has re-rated ...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
Aggreko (Frankfurt: A1XFZR - news) , the world's largest temporary power provider, said its first-half profit fell 10 percent, hurt by discounts it had to make to win a contract in Argentina, the company's single largest market. The British firm, whose kit powers major events and covers electricity shortfalls, said pretax profit before exceptional items fell to 63 million pounds ($83 million) in the six months ended June 30, from 71 million pounds a year ago. Excluding fuel and currency movements, revenue was in line with the prior year, Aggreko said, adding that the results met market expectations.
Aggreko Plc, the world's largest temporary power provider, is losing its respected finance chief Carole Cran, who it said would join Scotland's Forth Ports Ltd. Cran, described by Citigroup (NYSE: C - news) analysts as "an excellent CFO and a super Aggreko ambassador for many years", would leave within the next 12 months as part of an orderly handover, Aggreko said on Tuesday.