Portable power group Aggeko generates strong profits

PORTABLE power group Aggreko, whose UK head office is in Cannock, has announced a strong trading performance with full year trading profit up 13% and earnings per share increasing 16%.

Group revenue for the year ended December 31, 2012 rose 14% to £1,583m (2011: £1,396m). Pre-tax profit reached £388m (2011: £327m).

The group said both the Local business and Power Projects continued to deliver strong revenue growth.  Local business reported revenues up 23% and trading profit up 41%.

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