Aggreko today confirmed sector diversification had offset a 25% decline in its oil and gas turnover.
The firm posted a profit before tax of £252million in line with expectations.
The company posted a group revenue of £1.6billion, a slight decrease on last year’s figure.
Eight of Aggreko’s 12 sectors experienced growth, including petrochemical, refining, events and temperature control.
Chief executive Chris Weston said: “We have ended 2015 with a strong balance sheet, with net debt slightly down; as we continue to generate good levels of operating cashflow; and maintain discipline in our investment in new fleet.
“We have also maintained the full year dividend in line with last year, reflecting our continued confidence in the strength and prospects of the business which provides a much needed service to our customers. As we enter 2016 I am encouraged by the prospect pipeline we are seeing and pleased by the progress we are making with our business priorities.”
Recommended for you
