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 > Key takeaways from Vegas.

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Post by Henryeon Sep 26, 2024 12:05pm

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Post# 36242417

Key takeaways from Vegas.

Jerome and Adam confirmed that more then 6 billion will still be priced on 5 major awarded projects .
That all the new Airport awarded projects just recently are estimated to be worth 2X the size of Aecons Bermuda project.
They emphasized the outlook for Nuclear remains strong and they claimed that the Nuclear space expands beyond traditional Nuclear work as projects may require Civil, Industrial, Hydro , and /or Utility solutions as well.
Management highlighted that there is a potential for the company to increase its NCIB / buyback activity.
All other questions and answers were all known to us .