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Optimistic outlook on Aggreko

Aggreko has been awarded buy status by Questor, the Daily telegraph’s stock market analysis column, following the company’s strong growth over the last four years and encouraging figures for the first quarter of this year.

The company rents out cooling, heating and dehumidification equipment among other services.

Aggreko made a strong start to 2009 with total revenues in the three months to 31 March 2009 growing by 42 per cent.

Its revenues for 2008 were £946.6 million, with estimated revenues for 2009 of £1.05 bn.