FTSE 100 CLOSE: Aggreko generates best performance

Temporary power provider Aggreko was the biggest riser after reporting a 6% rise in its pre-tax profits for 2011.

The company saw pre-tax profits rise by 6% to £327m during 2011 from £320m during 2010.

Rupert Soames, chief executive of Aggreko, gave a bullish outlook for the first half of 2012, but was less confident on the latter half.

He says: “We are confident that the business will deliver strong growth in the first half of 2012; at this early stage of the year, we are more cautious about the second half of 2012, when, in any case, comparatives will be tougher.

“Overall we continue to believe that we will deliver another year of good growth in 2012.” (article continues below)

The lift in profits helped lift its share price by 4% to 2,313p, at the close of trading.

Testing company Intertek Group saw its share price rise by 2.7% to 2,450p, while Cairn Energy increased by 2.3% to 331.6p.

Property investor Land Securities and International Power both saw share price climb 2.2% higher to 716.5p and 366p, respectively.

British Airways parent International Consolidated Airlines Group was the biggest faller at trading’s close, with share price down by 2.6% to 160.8p.

Man Group dropped 1.4% to 139.8[, while silver miner Fresnillo fell 1.3% to 1,801p.

Defence company BAE Systems dropped 1% to 311p, while Vodafone slipped 0.9% to 168.65p.