Yacktman Funds Comments on Aggreko
- By Holly LaFon
Aggreko ( LSE:AGK )'s stock declined modestly as the company struggled with disappointing orders for its utility business. Revenue growth at Aggreko has also been impacted as its energy-related customers faced challenges and competition increased due to industry softness. The recent increase in oil prices may lead to a better environment for Aggreko's customers in North America.
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From Yacktman Fund (Trades, Portfolio)s' fourth quarter 2017 shareholder letter.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 6 Warning Signs with LSE:AGK. Click here to check it out.
The intrinsic value of LSE:AGK