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 > Bird 50% dividend increase and releases 2025-2027 outlook

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Comment by Gabrielon Oct 09, 2024 11:59am

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RE:Bird 50% dividend increase and releases 2025-2027 outlook

Thanks Alex. Bird up 12%. Our EBITDA margin, our organization, our project management capabilities and our strong and diverse execution expertise in nuclear projects, and our concessions make Aecon much more appealing at less than half the EBITDA multiple of Bird if you exclude concessions. Plus our yield is higher and we have one ongoing NCIB and management hinted in Vegas last week they are contemplating another subsequent one.

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Calibre discovers significant gold in Newfoundland