Total Adj. EBITDA = 46m Page 6: Construction Adj. EBITDA = 28m up 25% Page 7: Concessions Adj. EBITDA = 18m up 17% Up 25% and 17% despite the sale of 49.9% interest in Bermuda airport concession and the sale of the Aecon Transportation East (ATE). Page 8: The balance sheet is excellent. Free cash flow last 12 months excluding sale of ATE and minority sale of Bermuda is up
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