SCOTTISH temporary power company Aggreko has welcomed a surge in its stock-market value after announcing pre-tax profits of £327 million.

The firm posted a 6% rise in its 2011 profits, resulting in a £235m increase in value as shares hit a record high. Aggreko chief executive Rupert Soames, the grandson of wartime leader Winston Churchill, predicted "another year of good growth in 2012".

Page 26