14th Dec 2015 15:35
14 December 2015
Aggreko plc
Rio de Janeiro 2016 Olympic Games and Paralympic Games Bid Process
Aggreko notes media reports that it has withdrawn from the bidding process for the 2016 Rio de Janeiro Olympic and Paralympic Games. The tender process is ongoing and as such Aggreko is unable to comment further at this stage.
Enquiries
Investors & Analysts | |
Louise Bryant, Aggreko plc | +44 7876 478 272 |
Media | |
John Sunnucks / Liz Morley, Bell Pottinger | +44 20 3772 2500 |
Notes to Editors
Aggreko plc is the leading global provider of modular, mobile power and adjacent product solutions. Aggreko employs over 7,700 people operating from 211 locations. In 2014 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.6bn or Euros 2.0bn). Aggreko plc is listed on the London Stock Exchange (AGK.L) and is headquartered in Scotland.
In the Rental Solutions business, we operate in developed markets and develop solutions for, and hire our equipment to, customers who then operate it for themselves, although we retain responsibility for servicing and maintaining it. We operate across all sectors in the market, but are heavily involved in oil and gas, petrochemical and refining, mining and events.
In the Power Solutions business, we operate in emerging markets as a power producer. We install and operate modular, mobile power plants for both utility and industrial customers and we charge both for providing the generating capacity, and for the electricity we produce. In our Industrial business, as in Rental Solutions, we are market leaders in oil and gas, petrochemical and refining and mining, whilst our utility business helps countries solve their power shortages.
We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.
Related Shares:
AGK.L