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Aggreko H1 profits fall 9 pct, hit by currency headwinds
August 5, 2014 / 6:16 AM / 3 years ago

Aggreko H1 profits fall 9 pct, hit by currency headwinds

LONDON, Aug 5 (Reuters) - Aggreko, the world’s biggest temporary power provider, posted a 9 percent fall in half year pretax profits, weighed down by a significant impact from currency translation.

The British firm, whose kit powers major events and covers electricity shortfalls, said on Tuesday that pretax profits fell to 132 million pounds ($222.58 million)from 146 million a year earlier.

The company said it continued to expect full year underlying trading profit to be similar to last year’s figure of 312 million. ($1 = 0.5930 British Pounds) (Reporting by Li-mei Hoang; Editing by Sophie Walker)

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