ANDREW NUSSEY PEEL HUNT
There were no surprises in the trading mix. However, the five-year strategy update is positive: management belief in “double-digit” annual revenue growth over the next five years, plus significantly increased shareholder returns.
PAUL JONES PANMURE GORDON
This was very much expected from Aggreko, albeit with a bigger dividend than we anticipated, which underlines the next phase of strategic growth. While the business had a good start to the current year, we believe underlying trading remains somewhat subdued and uncertain for 2013.
CAROLINE DE LA SOUJEOLE CANTOR FITZGERALD
There was little surprise in the results following the comprehensive trading update in December. Aggreko remains one of our top picks in the sector. The company is the leader in what we believe to be a very attractive market with long term structural growth drivers.