OverviewSuggest Edit

Aggreko is a provider of mobile modular power, temperature control, and energy services. The company operates through three segments: Rental Solutions and Power Solutions Industrial, and Power Solutions Utility. 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 2020)6,408(+4%)
Job Openings379
Revenue (FY, 2020)£1.4 B(-15%)
Share Price (Jul 2021)£8.7
Cybersecurity ratingBMore

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
Show more

Aggreko Office Locations

Aggreko has offices in Glasgow, Aberdeen, Cannock, Doncaster and in 160 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
Show all (169)

Aggreko Financials and Metrics

Aggreko Revenue

Embed Graph
View revenue for all periods
Aggreko's revenue was reported to be £1.37 b in FY, 2020 which is a 15.4% decrease from the previous period.
GBP

Revenue (FY, 2020)

1.4b

Revenue growth (FY, 2019 - FY, 2020), %

(15.4%)

Gross profit (FY, 2020)

778.0m

Gross profit margin (FY, 2020), %

57%

Net income (FY, 2020)

(111.0m)

EBIT (FY, 2020)

(39.0m)

Market capitalization (22-Jul-2021)

2.2b

Closing stock price (22-Jul-2021)

8.7

Cash (31-Dec-2020)

107.0m

EV

2.6b
Aggreko's current market capitalization is £2.2 b.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

1.8b1.6b1.4b

Revenue growth, %

2%(8%)(15%)

Cost of goods sold

824.0m644.0m587.0m

Gross profit

936.0m969.0m778.0m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Revenue

857.0m768.0m667.0m

Cost of goods sold

420.0m335.0m386.0m

Gross profit

437.0m433.0m281.0m

Gross profit Margin, %

51%56%42%
Annual
GBPFY, 2018FY, 2019FY, 2020

Cash

85.0m87.0m107.0m

Accounts Receivable

502.0m444.0m274.0m

Prepaid Expenses

45.0m45.0m35.0m

Inventories

229.0m216.0m182.0m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Cash

76.0m69.0m123.0m

Accounts Receivable

481.0m498.0m307.0m

Prepaid Expenses

48.0m50.0m47.0m

Inventories

244.0m233.0m212.0m
Annual
GBPFY, 2018FY, 2019FY, 2020

Net Income

125.0m129.0m(111.0m)

Depreciation and Amortization

298.0m323.0m284.0m

Inventories

14.0m8.0m25.0m

Accounts Payable

(60.0m)21.0m83.0m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Net Income

41.0m39.0m(147.0m)

Depreciation and Amortization

145.0m169.0m46.0m

Inventories

(4.0m)(2.0m)8.0m

Accounts Payable

(50.0m)(48.0m)24.0m
GBPH1, 2018

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2 x
Show all financial metrics

Aggreko Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Countries

80807980

Service Centers

193195190182

Solar Deployed, MWh

18 k

Total Capacity, MW

9.92 k10.01 k9.7 k
Show all operating metrics

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
Show more

Aggreko Revenue Breakdown

Embed Graph

Aggreko revenue breakdown by business segment: 50.8% from Rental Solutions, 26.5% from Industrial and 22.7% from Utility

Aggreko revenue breakdown by geographic segment: 5.8% from Auspac, 12.6% from Africa, 12.7% from Latin America, 31.5% from North America , 9.2% from Middle East , 8.4% from Asia, 10.3% from Continental Europe and 9.5% from Other

Human Capital Metrics

Aggreko's employees are reported to be approximately 17% female and 83% male.
Embed Graph
Show all human capital metrics

Aggreko Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

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

Embed Graph

Aggreko News and Updates

Insights on the Cooling Tower Rental Global Market to 2027 - Featuring Aggreko, Caterpillar and Jacir Among Others

Dublin, July 22, 2021 (GLOBE NEWSWIRE) -- The "Cooling Tower Rental - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for Cooling Tower Rental estimated at US$819.5 Million in the year 2020, is projec…

Aggreko chooses Loudoun County for North American data center headquarters

Aggreko, a temporary power generation equipment company based in the United Kingdom, will establish its data center division’s North American headquarters in Loudoun County, according to an announcement from the Loudoun County Department of Economic Development.

Aggreko to Establish Data Center Division Headquarters in Loudoun

Aggreko, which provides rental equipment to power, heat and cool data centers, will establish its Data Center Division’s North American headquarters in Leesburg, Loudoun’s Department of Economic Development announced.

Aggreko shareholders vote through £2.3bn takeover bid

Aggreko shareholders have waved through the multi-billion pound takeover by private equity firms TDR Capital and I Squared Capital.

Aggreko’s largest shareholder moves to block £2.3bn takeover

The takeover of Aggreko (LON:AGK), the temporary power supplier, seems more unlikely now as the FTSE 250 company’s largest shareholder hinted its intention to thwart the deal worth billions of pounds.
Show more

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 6,408 employees.

  • What is Aggreko revenue?

    Latest Aggreko annual revenue is £1.4 b.

  • What is Aggreko revenue per employee?

    Latest Aggreko revenue per employee is £213 k.

  • Who are Aggreko competitors?

    Competitors of Aggreko include APR Energy, Dongfang Electronics and Altaaqa.

  • 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 160 other locations.

  • How many offices does Aggreko have?

    Aggreko has 169 offices.