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 > Raymond James

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Comment by Gabrielon Dec 28, 2023 9:07pm

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Post# 35803437

RE:RE:RE:RE:RE:RE:RE:Raymond James

Thank you too for posting. Since Aecon is in my line of business, I have also known and have spoken with John since the Armbro days, when he built the 407 and the trans-Israel highway. Agree with every word you say including that he is a great gentleman but I am a shareholder of this year only.

One other positive I did not mention in my previous post is that we have negotiated settlements on 3 of the 4 LSTKs but these settlments are contingent to achieving certain milestones so they do not reflect yet in our receivables per generally accepted accounting principles.

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