Aggreko the latest firm to scrap its dividend

By Hamish Champ2020-03-23T08:09:00

Power plant group adds that orders from China delayed by several weeks

Aggreko has warned it won’t hit its financial targets for 2020 and announced it is scrapping its final dividend due to the impact of the coronavirus.

In a trading update issued today the power plant supplier said it would review its decision to suspend the 18.3p per share payment to investors later in the year, “once the outlook becomes clearer”.

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