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 > Losses on LSTKs

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Post by Gabrielon Mar 05, 2024 5:33pm

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Post# 35916763

Losses on LSTKs

Says losses on LSTKs total 215.2m for 2023.

We had 2.8m in Q1; 81.3m in Q2 and 91.4m in Q3, so we have 40m in Q4 or 0.65$ per share loss on LSTKs in Q4.

Despite this loss of 0.65$ on LSTKs, we have 0.15$ net EPS. So excluding LSTKs, we would have had 0.80$ in Q4.

LSTK backlog is down to 420m in 12/23 vs 1029m 12/24.

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