Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

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 > Globe - just out last night

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Comment by Gabrielon Jan 31, 2024 8:49am

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Post# 35854510

RE:RE:RE:RE:RE:Globe - just out last night

Definitely, but excluding the depleting LSTKs, the enterprise value today of Aecon is selling at ~ 2.5 x 400m EBITDA
2024 while SNC is selling at ~ 9 x 900m EBITDA excluding concessions. I am expecting a severe rmarket correction and recession and I believe Aecon will hold much better with Keynesian economics .. again or increased public spending to support economic activity. Public works spendinf a la New Deal.

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