StockMarketWire.com - Aggreko reported a modest uptick in profits as a fall in revenues amid weakness in its power solutions utility segment held back performance.

For the six months ended 30 June, pre-tax profits fell 2% to £60m as revenues slipped 10% to £768m from a year earlier.

Its power solutions industrial segment daw underlying revenue fall 9%, and power solutions utility segment down 7%, while its rental solutions segment underlying revenue grew 1%.

The interim dividend per share stable of 9.38p was unchanged from last year.

Looking ahead, the company said it was on track to deliver full-year earnings in line with market expectations and mid-teens return on capital employed in 2020.




At 8:50am: [LON:AGK] Aggreko PLC share price was +6.7p at 783.7p



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