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 £170-190million assumes the Games proceed as planned at this increased overall contract value.

Enquiries

Investors and analysts

Richard Foster, Aggreko plc

+44 7989 718 478

Jill Sherratt, Aggreko plc

+44 7814 077 690

Financial media

Andy Rivett-Carnac, Headland

+44 7968 997 365

Sophie O'Donoghue

+44 77 9868 7042

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Aggreko plc published this content on 06 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2021 17:53:04 UTC