Aggreko inc (AGKO) investor relations material

Company overview and business model

• Designs, deploys, and optimizes engineered energy and temperature solutions for mission-critical needs across over 80 countries, serving 14,000+ customers with a modular, technology-agnostic fleet of 17 GW capacity.

• Operates in diversified sectors including utilities, data centers, oil & gas, events, and manufacturing, with a customer-centric approach and deep technical expertise.

• Business model emphasizes long-term contracts, high customer retention, and global-local operational structure, leveraging AI and digital platforms for efficiency and service quality.

Financial performance and metrics

• Net revenue grew from $2.5B in 2023 to $3.4B in 2025, a 17% CAGR, with Adjusted EBITDA margin stable at 37%.

• Net loss of $113M in 2025, primarily due to $647M interest expense and $543M depreciation/amortization, offset by strong operating cash flow and high return on capital employed (23.2% in 2025).

• Cash flow from operations was $428M in 2025, with capital expenditure of $975M focused on fleet growth and maintenance.

Use of proceeds and capital allocation

• IPO proceeds, combined with a concurrent sponsor contribution, will be used to repay outstanding borrowings under revolving and senior term facilities, with remaining funds for general corporate purposes.

• Capital allocation prioritizes growth capex in high-return markets and sectors, with over 50% of 2025 capex directed to energy transition equipment.