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 > 2 Key Drivers

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Comment by Kupoteaon Jul 24, 2024 8:06pm

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Post# 36147170

RE:RE:2 Key Drivers

It's an additional $125M. This was still on the whole very positive guidance. As long as gross margins hold this stock will double sometime between now and the end of 2025. Hopefully the market pulls that forward sooner than later but it may take a clean Q3 to get the ball rolling.

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