Bullboard - Stock Discussion Forum 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... see more

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Aecon Group Inc > Looking ahead now..

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Post by Gabriel on Jun 28, 2024 9:03pm

Looking ahead now..

https://www.aecon.com/press-room/news/2024/06/28/aecon-sign-teaming-agreement-to-plan-small-modular-reactors-in-poland

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Comment by Kupotea on Jun 29, 2024 6:25am

After giving it some thought this is roughly the best case while still being somewhat realistic scenario for the Q2 conference. The LRT projects are near completion and Aecon is recogning all of the remaining projected losses on the legacy projects today. Ex legacy projects, Aecon projects about $350M in EBITDA for this fiscal year and expects that to increase by about 15% in FY25 ...more

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Comment by Gabriel on Jun 29, 2024 7:58am

Very true and exactly what I was about to write. Thank you for your confirmation. They did say nearing completion for a reason. That is it. Let me confirm that when SNC did provide an enveloppe to close Eglinton, the REM and Trillium, it gradually went up 150% since. Departing to Doha and then to Montreal in a few hours.

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