Aggreko plc is the worlds biggest emergency power supply company. It owns over 13,000 generators, which is about 10% of the peak power demand for the whole of the UK. It has offices in 34 countries and reaches customers in over 100 countries.
Aggreko was founded in the Netherlands in 1962 but moved to Scotland in 1973. It was acquired by the European transport and logistics company Christian Salvesen plc in 1984 but then later demerged in 1997 when it was first listed on the London Stock Exchange.
Aggrekos power supply units are used in many industries including mining, offshore oil platforms, film studios and shipyards. Aggreko won the contract to supply power and temperature control for Beijing 2008 Olympic Games and will also be the power supplier for the London 2012 Games and is also a major sponsor of the Games. Aggreko also produces mobile powerplants which can power entire cities. These are operated out of their Dubai base.
Aggreko won the Scottish Engineering Award in 2011 in recognition of its great successes and achievements. Described by Scottish Engineering as “A manufacturing engineering supply company working in Scotland, which has made a significant contribution towards raising the standard of the sector and has been shown to be an appropriate standard bearer for that sector.”
For the year to December 2010 the company reported a record performance with revenue coming from the Vancouver Winter Olympics, FIFA World Cup and the Asian Games and the company was also chosen to be the exclusive supplier of Temporary Energy Services for London 2012.
Group Revenues reached £1.23 billion which was a rise of 20% Trading Profit was £314.5 million up 23.3%. Earnings per share was over 80 pence, up 26.5% Dividend per share was 18.9 pence, up 50%
The 2010 closing Order Book for International Power Projects was 60% up on the previous year and there has been a 14% year on year increase on the MW on rent at the start of 2011.
Link to Scottish Engineer awards page: http://www.scottishengineering.org.uk/…aggreko.pdf
- Aggreko PLC (Group Head Office)
- 120 Bothwell Street
- G2 7JS
- United Kingdom
- Tel: + 44 (0)141 225 5900
- Fax: + 44 (0)141 225 5949
- Capita Registrars
- The Registry
- 34 Beckenham Road
- Kent BR3 4TU
- UNITED KINGDOM
- Tel: 0871 664 0300 (calls cost 10p per minute plus network extras)
- Tel. from outside the UK: +44 (0) 20 8639 3399
Aggreko Dividend Payments
Aggreko pays an interim and final dividend each year. Dividends have been rising each year since the first was paid in 1998. Full dividend history can be found on their website: ir.aggreko.com/agk_ir/shser/divinfo/