Aggreko (AGK) trading in line but more expected!
First half results are expected to be in line with management expectations with Group revenues in the first half (at an underlying and reported basis!) growing by approx 5% and trading profits at similar levels to the prior year. “Underlying” excludes the impact of the London Olympics, the Poit Energia acquisition, pass-through fuel and currency movements.
I cant quite fathom the emphasis on underlying as surely this business is always going to benefit from…
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