Aggreko inc (AGKO) investor relations material

Company overview and business model

• Designs, deploys, and optimizes engineered energy and temperature solutions for over 14,000 customers in 80+ countries, with a modular, technology-agnostic fleet totaling 17 GW capacity.

• Serves diverse sectors including utilities, data centers, manufacturing, mining, events, and oil & gas, with a customer-centric, full-lifecycle approach.

• Operates a flat management structure, leveraging deep technical expertise and AI-driven operational enhancements.

• Focuses on high-growth markets, especially in the Americas and Europe, and invests in energy transition technologies.

Financial performance and metrics

• Net revenue grew from $2.5B in 2023 to $3.4B in 2025, a 17% CAGR, with Adjusted EBITDA rising from $903M to $1.26B and margins stable at 36–37%.

• Net loss improved from $(145)M in 2023 to $(113)M in 2025, with net loss margin at (3)% in 2025.

• Return on Capital Employed exceeded 20% for 2024 and 2025.

• Strong cash flow from operations ($428M in 2025), with significant growth and maintenance capital expenditures ($975M in 2025).

• High leverage: $5.9B in outstanding debt as of January 2026.

Use of proceeds and capital allocation

• IPO proceeds, along with concurrent sponsor contributions, will be used primarily to repay outstanding borrowings under revolving and term facilities; remaining funds for general corporate purposes.

• Growth capital expenditure is discretionary and focused on high-return opportunities in attractive regions and sectors.