ALGECO- 4Q17 - Solid operating results driven by improving trends in Europe
Algeco, the world’s leading provider of modular space, published solid operating earnings for 4Q17, on the back of better economic fundamentals in key European markets. Note the results of Algeco’s former US subsidiary Williams Scotsman, which was divested at end-November 2017, have been recorded as discontinued operations in the income statement, and thus operating earnings released for 4Q17 reflect Algeco on a standalone basis.
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