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 > Legacy Projects Impact on FY24

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Comment by Dibah420on Apr 28, 2024 11:36am

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Post# 36011563

RE:RE:RE:RE:Legacy Projects Impact on FY24

Thanks. Let me try the "simply put" way.

Diminishing LSTK Overhang:

March 31, 2023 $812 million
Dec 31, 2023 $420 million
March 31,2024 $330 million incl (GHB $220M, CGL $95M, TO Subways $15M)

Behind the breaking dark clouds, there are clearer skies.

On another point, I see RBC is an outlier with a t/p of $16. I was curious to find out what kind of question they might ask. I don't remember hearing any questions from RBC in the Q&A. Did they even attend the c.c?

Cheers

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