|
|
Article: United States: Aggreko Profit Rises 40%, Will Beat Analyst Estimates.
- Article from:
- TendersInfo
- Article date:
- June 23, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: prashant03
Aggreko Plc, the world's largest provider of mobile generators, said first-half pretax profit will surge about 40 percent on rising demand from clients in Europe and emerging markets.
Revenue in the six-month period will advance 25 percent with orders in the Middle East, Europe, Asia, Australia and South and Central America helping counter a weaker North American market, the Glasgow, Scotland-based company said today in a statement.
Aggreko, which also provides air-conditioning systems, forecast it will beat full-year analysts' estimates. The company, which has a quarter of the $3 billion global power-rental market, is tapping ...