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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

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

Comment by HermannHalleron Apr 28, 2022 11:49am
228 Views
Post# 34639162

RE:RE:Good News

RE:RE:Good NewsMgmt said on the call that the upside potential for margin improvement was limited due to inflation. That got a lot of analysts asking more inflation questions. 

Mgmt seemed confident that they had priced the backlog appropriately, and margin improvement was still possible. But I guess the market is focusing on the negative.

I bought more shares. It's now at a 52-week low, seems excessively sold off IMO.
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