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 > NBF report

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Comment by Gabrielon Nov 04, 2024 2:03pm

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RE:RE:RE:NBF report

While I had sold most of my position in Atkins and Bell to add Aecon before the earnings report, the sale of the dead money sports unit of Bell and its acquisition ot the fibre business for about the same amount solves the growth problem of Bell by getting a foot in the US market. The fibre market in Canada is saturated but not in the US.

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