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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Industrials Conglomerates
Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Aecon Group Inc
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Post by Blueswinon Oct 29, 2020 6:50pm
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Post# 31810306

Q3 results - So is this what they expected?

Q3 results - So is this what they expected?

Oct 29 (Reuters) - Aecon Group Inc:

* AECON REPORTS THIRD QUARTER 2020 RESULTS

* AECON GROUP INC - REVENUE FOR THREE MONTHS ENDED SEPTEMBER 30, 2020 OF $1,040 MILLION WAS $14 MILLION, OR 1 PER CENT, HIGHER COMPARED TO Q3 OF 2019

* AECON GROUP INC - QTRLY EARNINGS PER SHARE $0.99

* AECON GROUP INC - REPORTED BACKLOG AS AT SEPTEMBER 30, 2020 OF $6,664 MILLION COMPARES TO BACKLOG OF $6,557 MILLION AS AT SEPTEMBER 30, 2019

* AECON GROUP INC - EXPECTS THAT DEMAND FOR ITS SERVICES WILL REMAIN STRONG FOLLOWING COVID-19 PANDEMIC

* AECON GROUP INC - "OVERALL OUTLOOK FOR 2020 REMAINS SOLID AND 2021 IS EXPECTED TO BE A STRONG YEAR" Source text for Eikon: Further company coverage:

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