Aecon Group Inc - Company Profile
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Aecon Group Inc (Aecon) carries out construction and infrastructure development services. It offers services such as fabrication, materials supply, financing, design, operations, and procurement. Aecon encompasses all aspects of public and private infrastructure construction, including civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and industrial infrastructure. The company is involved in the development, financing, construction, and operation of projects, primarily through public-private partnership (P3) contract structures. It serves private and public sector clients across power, resources, transportation, manufacturing, and urban and social infrastructure markets. The company has operations in Canada and the US. Aecon is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
20 Carlson Court, Suite 105, Toronto, Ontario, M9W7K6
Website
www.aecon.com
Telephone
1 416 2972600
No of Employees
2,777
Industry
Construction
Ticker Symbol & Exchange
ARE (TSE)
Revenue (2022)
$3.4B
-1.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
432.9%
(2022 vs 2021)
Market Cap*
$770.1M
Net Profit Margin (2022)
XYZ
436.9%
(2022 vs 2021)
* As of and is in US$
Aecon Group Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Public and Private Infrastructure Construction |
| Commercial Site Design |
| Nuclear Power Infrastructure Construction |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company entered into partnership with Durham College to support the Ontario Power Generation Centre for Skilled Trades and Technology. |
| 2023 | Divestiture | In May, the company announced to sell its Aecon Transportation East roadbuilding, aggregates and materials businesses worth of US$235 million to Green Infrastructure Partners. |
| 2023 | Contracts/Agreements | In May, the company's joint venture, Shoreline Power Group was awarded a US$1.3 billion Fuel Channel and Feeder Replacement contract by Bruce Power for Units 4, 5, 7 and 8 at the Bruce Nuclear Generating Station in Tiverton, Ontario, Canada. |
Competitor Comparison
| Key Parameters | Aecon Group Inc | SNC-Lavalin Group Inc | North American Construction Group Ltd | First Capital Real Estate Investment Trust | Black & McDonald Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Toronto | Montreal | Acheson | Toronto | Toronto |
| State/Province | Ontario | Quebec | Alberta | Ontario | Ontario |
| No. of Employees | 2,777 | 37,246 | 210 | 372 | 5,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jean-Louis Servranckx | President; Chief Executive Officer; Director | Senior Management | 2018 | - |
| David Smales | Executive Vice President; Chief Financial Officer | Senior Management | 2009 | - |
| Mark Scherer | Chief Safety Officer; Executive Vice President | Senior Management | - | - |
| John M. Beck | Chairman | Non Executive Board | - | - |
| Gordana Terkalas | Chief People Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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