Aecon Group Inc T.ARE

Importance of nuclear

[Gabriel]

The budget exceeding 100B for Ontario and very likely over 300B for Canada and 10x larger for the US is a game changer for Aecon considering our EBITDA margin of over 10% excluding the depleting LSTKs on the whole and likely much higher for nuclear works. The valuation will adjust as Graham says, short term it is a voting machine but long term it is a weighting machine.

[Henrye]

Gabriel, I agree with your numbers! Your North American numbers make so much sense as we are now at the tip of the iceberg for ( finally) NUCLEAR POWER to start to take the CENTER STAGE and all eyes are on URANIUM players as well and I strongly feel that it's no accident that the massive attention is now given to both sectors.  I am now like a kid in the candy store, so excited for