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Aecon Group Inc. (T:ARE)

Business Focus: Construction & Engineering

Sector:  Industrials Industry:  Construction & Engineering
See Regulatory Filings on SEDAR
Company Contact
Address: 20 Carlson Crt Suite 800
Tel: 1-416-2972610
IR: See website
Key People
Jean-Louis Servranckx
President, Chief Executive Officer, Director
David Andrew Smales
Chief Financial Officer, Executive Vice President
Yonni David Fushman
Executive Vice President, Secretary, Chief Legal Officer, Chief Sustainability Officer
Steven N Nackan
Executive Vice President and President - Concessions
Mark Scherer
Executive Vice President, Industrial and Chief Safety Officer
Gordana Terkalas
Senior Vice President of Human Resources
Business Overview
Aecon Group Inc is a Canada-based construction and infrastructure development company. It operates through three segments: Infrastructure, Industrial and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure in Canada, and on a selected basis, internationally. The Industrial segment encompasses a full suite of service offerings, primarily to energy and mining markets, including conventional industrial construction and manufacturing activities such as in-plant construction, site construction, fabrication and module assembly. The Industrial segment offers turnkey services consolidating its industrial and manufacturing capabilities and services across Canada. Activities within the Concessions segment include the development, financing, construction and operation of infrastructure projects by way of build-operate-transfer, build-own-operate-transfer and other public-private partnership contract structures.
Financial Overview
For the six months ended 30 June 2021, Aecon GroupInc revenues increased 13% to C$1.73B. Net loss decreased95% to C$820K. Revenues reflect Construction segmentincrease of 14% to C$1.7B. Lower net loss reflects Otherand eliminations segment loss decrease of 44% to C$11.2M.Dividend per share increased from C$0.31 to C$0.34. BasicEarnings per Share excluding Extraordinary Items increasedfrom -C$0.29 to -C$0.01.
Employees: 2,600 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $936.00M as of Jun 30, 2021
Annual revenue (TTM): $3,842M as of Jun 30, 2021
EBITDA (TTM): $140.65M as of Jun 30, 2021
Net annual income (TTM): $104.79M as of Jun 30, 2021
Free cash flow (TTM): $111.94M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 60,320,597 as of Aug 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization