Aggreko (AGK) disappoints for once…the valuation remains too rich for us
The Groups Local Business rents power and temperature control systems, ranging from small generators up to large industrial cooling towers, to customers who are typically within a few hours driving time of their service centres.
The International Power Projects business builds and then operates temporary power plants, selling their capacity and electricity to utilities, the military and major mining and oil companies.
International Power Projects’ revenues in the third quarter grew 15% and order…
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