Stuart Olson Inc CUUHF

RE:RE:RE:RE:An hour later, SOX down 33 cents, while SNC up $1.35 almost

[Construction555]

Board should take not strong execution and unpresendented infrastructure demand leads to good numbers.  Maybe should look to competitors to see if some of their Vice President's would be willing to jump ship for a CEO role.

Aecon Group Inc. (TSX:ARE.TO) today reported results for the fourth quarter and full year 2019, concluding a year that saw revenue and Adjusted EBITDA reach record levels while maintaining near-record backlog of $6.8 billion as at December 31, 2019. Aecon's Board of Directors approved an increase to the quarterly dividend to 16 cents per share from 14.5 cents per share previously.

"Aecon's 2019 results demonstrate continued growth and margin improvement across our diversified portfolio of projects," said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. "Our financial success is underpinned by our focus on strong execution and being the preferred contractor for our clients across our key markets, as well as the first-choice employer in our industry. This focus will serve us well during this ongoing period of unprecedented demand for infrastructure development across Canada"