Aecon reports first quarter 2024 results

Provided By GlobeNewswire

Last update: Apr 24, 2024

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the first quarter of 2024.

“With backlog of $6.3 billion, a strong bid pipeline, and recurring revenue programs continuing to see robust demand, Aecon is focused on achieving improved profitability and margin predictability, and believes it is positioned to achieve further revenue growth over the next few years,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. “Moving forward, Aecon will continue to pursue and deliver the majority of its work in established markets and under more collaborative project delivery models, while embracing new opportunities to grow in areas linked to the energy transition and in select U.S. and international markets.”