OverviewSuggest Edit

Aggreko is a provider of mobile modular power, temperature control, and energy services. The company operates two businesses: Rental Solutions and Power Solutions. It offers power generation products, cooling systems, and desiccant and refrigerated dehumidifiers. Aggreko also provides electric heaters, indirect fired heaters, heat exchangers, and load banks that are used to test generators and turbines, uninterrupted power systems, electrical distribution panels and systems, data center power systems, combined heat and power systems, and simulation of heat loads. In addition, the company offers power to government utilities.

TypePublic
Founded1962
HQGlasgow, GB
Websiteaggreko.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2019)6,204(+4%)
Revenue (FY, 2019)£1.6 B(-8%)
Share Price (Mar 2021)£8.1 (+2%)
Cybersecurity ratingAMore

Key People/Management at Aggreko

Chris Weston

Chris Weston

Chief Executive Officer, Director
Heath Drewett

Heath Drewett

Chief Financial Officer, Director
Stephen Beynon

Stephen Beynon

Managing Director, Power Solutions
Dan Ibbetson

Dan Ibbetson

Managing Director, Global Products and Technology
Grant Nairn

Grant Nairn

Group Chief Information Officer
Bruce Pool

Bruce Pool

President, Rental Solutions
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Aggreko Office Locations

Aggreko has offices in Glasgow, Aberdeen, Cannock, Doncaster and in 137 other locations
Glasgow, GB (HQ)
120 Bothwell Street
Aberdeen, GB
Minto Dr, Altens Industrial Estate
Cannock, GB
2 Voyager Drive, Orbital Retail Centre
Doncaster, GB
Kirk Sandall Industrial Estate, Sandall Stones Rd
Dumbarton, GB
Lomondgate, Stirling Rd
Dumbarton, GB
Overburn Ave
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Aggreko Financials and Metrics

Aggreko Revenue

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Aggreko's revenue was reported to be £1.61 b in FY, 2019 which is a 8.4% decrease from the previous period.
GBP

Revenue (FY, 2019)

1.6b

Revenue growth (FY, 2018 - FY, 2019), %

(8.4%)

Gross profit (FY, 2019)

969.0m

Gross profit margin (FY, 2019), %

60.1%

Net income (FY, 2019)

129.0m

EBIT (FY, 2019)

241.0m

Market capitalization (1-Mar-2021)

1.6b

Closing stock price (1-Mar-2021)

8.1

Cash (31-Dec-2019)

87.0m

EV

2.2b
Aggreko's current market capitalization is £1.6 b.
Annual
GBPFY, 2017FY, 2018FY, 2019

Revenue

1.7b1.8b1.6b

Revenue growth, %

14%2%(8%)

Cost of goods sold

810.0m824.0m644.0m

Gross profit

920.0m936.0m969.0m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Revenue

792.0m857.0m768.0m

Cost of goods sold

375.0m420.0m335.0m

Gross profit

417.0m437.0m433.0m

Gross profit Margin, %

53%51%56%
Annual
GBPFY, 2017FY, 2018FY, 2019

Cash

71.0m85.0m87.0m

Accounts Receivable

490.0m502.0m444.0m

Prepaid Expenses

57.0m45.0m45.0m

Inventories

232.0m229.0m216.0m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Cash

51.0m76.0m69.0m

Accounts Receivable

480.0m481.0m498.0m

Prepaid Expenses

45.0m48.0m50.0m

Inventories

238.0m244.0m233.0m
Annual
GBPFY, 2017FY, 2018FY, 2019

Net Income

106.0m125.0m129.0m

Depreciation and Amortization

344.0m298.0m323.0m

Inventories

(1.0m)14.0m8.0m

Accounts Payable

113.0m(60.0m)21.0m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Net Income

38.0m41.0m39.0m

Depreciation and Amortization

151.0m145.0m169.0m

Inventories

(4.0m)(2.0m)

Accounts Payable

65.0m(50.0m)(48.0m)
GBPH1, 2017

EV/EBIT

38.4 x

EV/CFO

16.5 x

Revenue/Employee

126.5k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x

P/E Ratio

51.5
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Aggreko Operating Metrics

FY, 2017FY, 2018FY, 2019

Countries

80 80 79

Service Centers

193 195 190

Solar Deployed, MWh

18 k

Total Capacity, MW

9.92 k10.01 k9.70 k
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Aggreko Acquisitions / Subsidiaries

Company NameDateDeal Size
Generator Hire ServiceJune 04, 2018
A Contact Electric Rentals LPFebruary 14, 2018
YounicosJuly 03, 2017€40 m
PT. Kerta Bumi TeknindoJune 14, 2017
TuCo Industrial ProductsJanuary 27, 2017
DrycoAugust 09, 2016
ICS GroupSeptember 02, 2015
Golden Triangle GeneratorsNovember 19, 2014
Northland Power ServicesDecember 03, 2010
Power Plus Rentals and Sales LtdAugust 22, 2008
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Aggreko Revenue Breakdown

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Aggreko revenue breakdown by business segment: 51.6% from Rental Solutions, 26.9% from Industrial and 21.5% from Utility

Aggreko revenue breakdown by geographic segment: 10.5% from Middle East , 10.9% from Continental Europe, 11.2% from Latin America, 31.4% from North America , 9.1% from Asia, 12.8% from Africa and 14.2% from Other

Human Capital Metrics

Aggreko's employees are reported to be approximately 17% female and 83% male.
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Aggreko Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Aggreko Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Aggreko Online and Social Media Presence

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Aggreko News and Updates

Olympic Games Power Provider Aggreko in Talks on $3 Billion Sale

Shares of Aggreko jumped 34% to 851 pence at 2:53 p.m. Friday in London, making it the biggest gainer on the FTSE 350 Index. Negotiations are ongoing, and there’s no certainty they will result in a firm offer, according to Aggreko. The potential bid would be adjusted for any dividends paid, it said

Aggreko Sets Industry-Leading Net Zero Targets to Support Customers Through the Energy Transition

Aggreko, the world leader in the temporary energy market, announces its ambition to be net zero by 2050 or sooner, aligning with the Paris Agreement to limit global warming to 1.5° Celsius

Aggreko Inks Sponsorship Deal With Champion Golfer Mel Reid for 2021

Aggreko, the world’s leading provider of mobile and modular power solutions, has renewed its partnership of women’s golf champion, Mel Reid

Ground-Breaking Hybrid Power System to Be Delivered by Aggreko for Gold Mine 4,500m Above Sea Level

Aggreko, the world’s leading provider of mobile and modular power solutions, has signed a contract with Gold Fields, global mining operator, to provide a total of 25.9 MW hybrid solar and thermal power solution to the Salares Norte open pit mine in Chile. This ground-breaking solution has been desig…

Aggreko Invests £4.5million to Upgrade Dumbarton Production Facility

Aggreko, the Glasgow-headquartered global provider of mobile, modular power, temperature control and energy services, has announced an upgrade of its production facility in Dumbarton, with an investment totalling £4.5million

Aggreko Confirms Increased Tokyo 2020 Contract to Support Delayed Games

Aggreko Events Services has confirmed a revised contract for the Tokyo 2020 Olympic and Paralympic Games, which will reportedly be worth $315 million (£231 million/€256 million)
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Aggreko Frequently Asked Questions

  • When was Aggreko founded?

    Aggreko was founded in 1962.

  • Who are Aggreko key executives?

    Aggreko's key executives are Chris Weston, Heath Drewett and Stephen Beynon.

  • How many employees does Aggreko have?

    Aggreko has 6,204 employees.

  • What is Aggreko revenue?

    Latest Aggreko annual revenue is £1.6 b.

  • What is Aggreko revenue per employee?

    Latest Aggreko revenue per employee is £260 k.

  • Who are Aggreko competitors?

    Competitors of Aggreko include Dongfang Electronics, Altaaqa and Caterpillar.

  • Where is Aggreko headquarters?

    Aggreko headquarters is located at 120 Bothwell Street, Glasgow.

  • Where are Aggreko offices?

    Aggreko has offices in Glasgow, Aberdeen, Cannock, Doncaster and in 137 other locations.

  • How many offices does Aggreko have?

    Aggreko has 147 offices.