1st Jun 2007 07:02
Aggreko PLC01 June 2007 Aggreko plc TRADING UPDATE AND NOTICE OF INVESTOR & ANALYST VISIT Aggreko plc, the world leader in the supply of temporary power, temperature control and oil-free compressed air services, announces that it is will be hosting an analyst and investor visit to some of its operations in the Middle East and Africa from 5th-6th June 2007. The purpose of the visit will be to provide investors and analysts with an enhanced understanding of Aggreko's International Power Projects business and Local businesses in the Middle East and Asia and the commercial and economic background in which they operate. Highlights of the presentations will be available on our website www.aggreko.com. In the light of this, Aggreko is bringing forward the date of its customary trading update prior to entering its close period in respect of the half-year ending 30th June 2007. Interim results will be announced on Thursday 13th September 2007. Trading Update There has been no significant change to the outlook since we issued a TradingStatement at our AGM on 25th April. In that statement, we said that we expectedthat the Group will deliver a material increase in profits in 2007 compared with2006. Trading in Aggreko International has been extremely strong, with record levelsof utilisation on a fleet that has been greatly expanded during the last twelvemonths; accordingly, profits in the first half will be substantially ahead of H12006. As we expected, demand in North America has been less strong than in otherparts of our business, and we expect profits in the first half to be at similarlevels to last year. However, we still expect our operations in North America tomake progress for the year as a whole. Recovery in Europe has continued apace,and profits in the first half will be significantly ahead of 2006. - ENDS - Enquiries to: Rupert Soames / Angus Cockburn Aggreko plc Tel. 0141 225 5900 Neil Bennett Maitland Tel: 020 7379 5151 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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