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 > Recession means increased public works spending

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Comment by Kupoteaon Aug 02, 2024 11:38am

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Post# 36160982

RE:Recession means increased public works spending

Hi Gabriel,

Do you know of any detailed revenue breakdowns for Aecon? It would be great to get a sense of their revenue mix in terms of industry vs public spending contracts.

One of the reasons i've been so comfortable allocating heavily to Aecon is knowing that they can perform accretive buybacks or M&A during a downturn thanks to their low net debt.

The large upcoming public works contracts obviously helps me sleep easy :)

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