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.

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Aecon Group Inc

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Post by Gabrielon Sep 16, 2023 10:37am

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Post# 35639615

EBITDA excluding LSTK

https://www.aecon.com/investing/investor-calendar/2023/07/27/investor-calendar/q2-2023-conference-call

"And then, EBITDA margins, if you look at our numbers over for Q2 and over the last 12 months, excluding the impact to the legacy projects, you can see those margins has been progressing quite nicely. The overall margin profile of the backlog is healthy and improving over time. We’ve talked a lot about the fact that we're in a strong demand environment for infrastructure and construction generally and that's being reflected in, not just the building backlog, but also the margin profile of that backlog. "

Means 375m in adjusted EBITDA in the last twelve months. See below:
https://www.cantechletter.com/2023/07/aecon-group-has-price-target-lowered-at-ia-capital/

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