Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Engineering & Construction

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 Possibleidiot01on Jan 27, 2022 1:14pm

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Post# 34367348

Ryan Bushnell Top Pick - BNN

Jan 26, 2022

Ryan Bushell's Top Picks: January 26, 2022

Aecon (ARE TSX) – Last bought at $16.50

Aecon has corrected 25 per cent since September on very little news. Recently they announced their first project award in the United States which bodes well for future backlog growth. The company has done an excellent job growing backlog, earnings and dividends on a consistent basis for the last five years despite a challenging backdrop. With a 4.2 per cent dividend yield we can afford to be patient as fundamental strength will eventually be recognized by more investors.

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