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Aecon reports revenue and profit growth in the second quarter of 2015

Aecon Group Inc. (TSX: ARE) today reported results for the second quarter of 2015 including a revenue increase of 13 per cent over the second quarter of last year and higher Adjusted EBITDA of $29.9 million as compared to $13.9 million in the same period of 2014.

Posted 10 August 2015 0 comments 0 recommendations

Aecon consortium reaches financial close on Eglinton Crosstown Light Rail Transit project

Aecon Group Inc. (TSX: ARE) announced today that Crosslinx Transit Solutions (“Crosslinx”) has reached commercial and financial close on the previously disclosed Eglinton Crosstown Light Rail Transit (LRT) project in Toronto. In 2010, the Province of Ontario announced an investment of $5.3 billion for capital (construction costs) for the Crosstown LRT.

Aecon schedules second quarter 2015 financial results and conference call

Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2015 financial results on Monday, August 10, 2015 after market close, and has scheduled a conference call for 10 a.m. (ET) on Tuesday, August 11, 2015.

Aecon announces results of vote for the election of directors

Toronto, ON – June 10, 2015: Aecon Group Inc. (TSX: ARE) announced today that the nominees listed in the management proxy circular dated May 12, 2015 were elected as directors of Aecon Group Inc., to hold office until the next annual meeting of shareholders or until their successors are appointed.

Aecon consortium selected as preferred proponent for the Eglinton Crosstown Light Rail Transit project

Toronto, ON – June 9, 2015: Aecon Group Inc. (TSX: ARE) announced today that Crosslinx Transit Solutions (“Crosslinx”) has been selected by Metrolinx and Infrastructure Ontario as the preferred proponent for the development of the Eglinton Crosstown Light Rail Transit project in Toronto. 

Aecon to sell interest in Quito International Airport concession

Toronto, ON – June 8, 2015: Aecon Group Inc. (TSX:ARE) announced today that it has signed agreements with Grupo Odinsa S.A. and CCR S.A. to sell its 45.5 per cent interest in the Quito International Airport concessionaire, Corporaciσn Quiport S.A.(Quiport), for US$232.6 million.

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