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 > Somewhat expected

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Comment by HermannHalleron Mar 02, 2022 2:58pm

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RE:RE:Somewhat expected

On the conference call with analysts, they explained that there were several factors in Q4 which hit the margins that are not expected to continue in 2022. They also talked about the quality of the backlog, new contract awards year to date, and the expectation of growth this year.

The Q4 margin was disappointing, but I think analysts will feel more confident about the outlook.

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