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Aecon Group Inc (ARE.TO)

ARE.TO on Toronto Stock Exchange

15.27CAD
4:00pm EDT
Change (% chg)

$-0.03 (-0.20%)
Prev Close
$15.30
Open
$15.31
Day's High
$15.50
Day's Low
$15.21
Volume
192,666
Avg. Vol
324,700
52-wk High
$19.19
52-wk Low
$13.07

Latest Key Developments (Source: Significant Developments)

Aecon reports qtrly loss per share $0.32
Monday, 8 May 2017 04:00pm EDT 

May 8 (Reuters) - Aecon Group Inc :Aecon reports first quarter 2017 results.Aecon Group Inc- Backlog as at March 31, 2017 of $4.4 billion compares to backlog of $4.2 billion as at December 31, 2016.Aecon Group Inc says revenue for three months ended March 31, 2017 was $675 million compared to $691 million in Q1 of 2016.Qtrly loss per share $0.32.Q1 earnings per share view C$-0.20 -- Thomson Reuters I/B/E/S.Aecon Group Inc- Overall revenue expectations for 2017 are for flat to modestly lower volume.Q1 revenue view C$658.7 million -- Thomson Reuters I/B/E/S.Aecon Group Inc- Expect first half of 2017 to be weaker than second half of 2017 due to seasonality of Aecon's work.  Full Article

Aecon reports Q4 adj earnings per share of $0.43
Tuesday, 7 Mar 2017 04:29pm EST 

Aecon Group Inc : Aecon reports 2016 results including record revenue of $3.2 billion and increase in annual dividend . Backlog as at Dec 31, 2016 of $4,204 million compares to backlog of $3,261 million as at December 31, 2015 . Board of directors approved an increase in annual dividend to 50 cents per share from 46 cents per share . " Overall outlook for 2017 remains generally positive" . Qtrly earnings per share - diluted $0.43 .Qtrly adjusted earnings per share – diluted $0.43.  Full Article

Aecon reports Q2 results including record backlog of $4.9 billion
Wednesday, 3 Aug 2016 04:00pm EDT 

Aecon Group Inc : Aecon reports second quarter 2016 results including record backlog of $4.9 billion . Qtrly adjusted earnings per share $0.12 . Qtrly revenue $839.3 million versus $667.3 million . Backlog as at June 30, 2016 of $4.9 billion, 89 per cent higher than backlog of $2.6 billion as at June 30, 2015 . New contract awards of $1.1 billion were booked in q2 of 2016, compared to $469 million in Q2 of 2015 .Says new contract awards of $1.1 billion were booked in Q2 of 2016, compared to $469 million in Q2 of 2015.  Full Article

Aecon Group Inc JV awarded $146 million power contract
Wednesday, 9 Sep 2015 07:00am EDT 

Aecon Group Inc:Says Aecon joint venture has been awarded a $146 million power contract in Ontario.Says the scope of the project involves engineering, procurement, construction and commissioning work.Says work has begun and is expected to be complete in H2 2017.  Full Article

Aecon Group Inc to sell interest in Quito International Airport concession
Monday, 8 Jun 2015 05:14pm EDT 

Aecon Group Inc:Says agreements with Grupo Odinsa SA And CCR SA to sell 45.5 pct interest in quito international airport concessionaire for $232.6 mln.  Full Article

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