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 > Status today

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Comment by LCcapitalon Jul 29, 2024 10:17am

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Post# 36152511

RE:Status today

Hi Gabriel

One question I have not been able to find the answer to:

I have seen reference to the backlog doubling: Can you provide some color here - how is this possible?
Are there projects committed but not yet booked into the backlog, for some reason? Why wouldn't this work be included in the existing backlog?
Or are we assuming Aecon picks up quite a few projects in the coming 6-12 months?

Thanks again for sharing your perspective on this company.

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