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Large risks hang over Aggreko’s earnings
Panmure Gordon analyst Michael Donnelly believes more than 40% of Aggreko’s (AGK) profits this year are ‘above-average risk’. Investors should approach the stock with caution. Donnelly reckons the shares have further to fall, even after dropping more than 10% on 7 March when the back-up power group issued a profit warning amid lower earnings on a contract in Argentina. (DC)