6 January 2021
Aggreko plc
Olympic supply contract update
We are pleased to confirm that we have now agreed and signed the necessary contract revisions with The Tokyo Organising Committee of the Olympic and Paralympic Games to reflect both scope changes and the impact of the delay of the Games into this year. The total revenue value to the Group is now expected to be around $315 million.
As we confirmed in our third quarter trading announcement on 17 November 2020, our preparation work for the Games continues to progress well and we remain confident of delivering to the revised schedule.
As previously noted, our guidance for the Group's profit before tax for 2021 of £170-190 million assumes the Games proceed as planned at this increased overall contract value.
| Enquiries | ||
| Investors and analysts |
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| Richard Foster, Aggreko plc | +44 7989 718 478 |
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| Jill Sherratt, Aggreko plc | +44 7814 077 690 |
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| Financial media |
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| Andy Rivett-Carnac, Headland | +44 7968 997 365 |
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| Sophie O'Donoghue | +44 77 9868 7042 |
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