Sector: Industrials | Industry: Construction & Engineering |
Company Contact | |
Address: | 20 Carlson Court, Suite 105 TORONTO ON M9W 7K6 |
Tel: | 1-416-2972610 |
Website: | www.aecon.com |
IR: | See website |
Key People | ||
Jean-Louis Servranckx President, Chief Executive Officer, Director | Jerome Julier Chief Financial Officer, Executive Vice President | Thomas Clochard Executive Vice President - Civil and Nuclear |
Eric Macdonald Executive Vice President - Aecon Utilities | Gordana Terkalas Senior Vice President - Human Resources |
Business Overview |
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. |
Financial Overview |
For the fiscal year ended 31 December 2023, Aecon Group Inc revenues decreased 1% to C$4.64B. Net income increased from C$30.4M to C$161.9M. Revenues reflect Concessions segment decrease of 3% to C$73.5M, Canada segment decrease of 5% to C$4.29B. Net income reflects Concessions segment income increase from C$22.1M to C$174.1M, Other and eliminations segment income totaling C$7.8M vs. loss of C$45.9M. |
Employees: | 2,777 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1,220M as of Dec 31, 2023 |
Annual revenue (TTM): | $4,644M as of Dec 31, 2023 |
EBITDA (TTM): | $77.79M as of Dec 31, 2023 |
Net annual income (TTM): | $161.89M as of Dec 31, 2023 |
Free cash flow (TTM): | -$18.54M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $159.45M as of Dec 31, 2023 |
Shares outstanding: | 62,266,403 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |