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Aecon announces sale of Innovative Steam Technologies

Toronto, ON – April 13, 2015: Aecon Group Inc. (TSX: ARE) announced today that it has completed the sale of its wholly-owned subsidiary Innovative Steam Technologies (IST) to Fulcrum Capital Partners.  Gross cash proceeds of the sale will be approximately $35 million, with additional proceeds over the following two years contingent on IST achieving certain earn-out conditions based on performance.

Aecon schedules first quarter 2015 financial results and conference call

Toronto, Ontario – April 7, 2015: Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2015 financial results on Monday, May 11, 2015 after market close, and has scheduled a conference call for 10 a.m. (ET) on Tuesday, May 12, 2015.

Aecon reports year-end 2014 results – Increases dividend

Toronto, Ontario – March 4, 2015: Aecon Group Inc. (TSX: ARE) today reported results for the fourth quarter and full year 2014, including backlog of $2.7 billion – a 50 per cent increase over backlog of $1.8 billion at the end of 2013.  Aecon’s Board of Directors approved an increase in the annual dividend to $0.40 per share from $0.36 per share.

Aecon schedules year-end 2014 financial results and conference call

Toronto, Ontario – January 26, 2015: Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2014 financial results on Wednesday, March 4, 2015 after market close, and has scheduled a conference call for 10:30 a.m. (ET) on Thursday, March 5, 2015.

Posted 26 January 2015 0 comments 0 recommendations

Aecon reports third quarter 2014 results

Toronto, Ontario – November 10, 2014: Aecon Group Inc. (TSX: ARE) today reported results for the third quarter of 2014, including backlog of $2.7 billion at the end of the third quarter, an increase of 28 per cent compared to the end of the same period in 2013.  

Posted 10 November 2014 0 comments 0 recommendations

Aecon awarded approximately $275 million in mining and energy contracts

Regina, Saskatchewan – October 21, 2014: Aecon Group Inc. (TSX: ARE) announced today that it has been awarded approximately $275 million in mining and energy contracts for K+S Potash Canada for work on their Legacy mining project in Saskatchewan, and for North West Redwater (NWR) Partnership for work on the NWR Sturgeon Refinery project in Alberta.

Posted 21 October 2014 0 comments 1 like

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