Aggreko's third-quarter revenue falls 7 percent in tough market
LONDON (Reuters) - British temporary power provider Aggreko said it expected challenging market conditions to endure for the rest of the year as it reported a 7 percent drop in third-quarter underlying revenue.
The group, which provides generators for industrial customers and utilities, said the revenue trend seen in the second half would be broadly similar to that seen in the first, when underlying revenue fell 2 percent to 781 million pounds.
Chief Executive Chris Weston said Aggreko had made an encouraging start to a restructuring plan announced in August, and it was sticking to its guidance for 2015 pretax profit of between 250 and 270 million pounds.
(Reporting by Paul Sandle; editing by James Davey)
