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Aecon reports full year 2013 results – Increases dividend

Mar 11, 2014
Aecon Group Inc. today reported results for the fourth quarter and full year 2013, including higher Adjusted EBITDA(1) of $184.0 million for 2013 as compared to $171.9 million in 2012, and Adjusted EBITDA of $79.1 million for the fourth quarter of 2013 compared to $77.9 million in the comparable period of 2012. Aecon’s Board of Directors approved an increase in the annual dividend to $0.36 per share from $0.32 per share.

Aecon Board to appoint Teri McKibbon as CEO - John M. Beck to become Executive Chairman

Mar 11, 2014
Aecon Group Inc. announced today that its Board of Directors will appoint Teri McKibbon, currently President and Chief Operating Officer, as the Company’s President and Chief Executive Officer, effective June 11, 2014, at its Annual General Meeting. John M. Beck will become Executive Chairman and will continue to serve the Company on a full time basis.

Aecon partnership recommended for Waterloo Region Light Rail Transit Project

Mar 3, 2014
Toronto, Ontario – March 3, 2014: Aecon Group Inc. advised today that the GrandLinq consortium has been recommended to the Region of Waterloo Council as the preferred proponent for the development of the Region of Waterloo Stage 1 Light Rail Transit (LRT) Project. GrandLinq is comprised of: Plenary Group, Meridiam, Aecon, Kiewit and Keolis.

Aecon JV awarded John Hart Generating Station civil construction contract

Feb 28, 2014
Aecon Group Inc. announced today that a joint venture of Aecon (60%) and SNC-Lavalin Constructors Pacific Inc. (40%) has been awarded a contract by SNC-Lavalin Inc. for the civil construction scope of the John Hart Generating Station replacement project in British Columbia.

Aecon wins the H.T Routly Memorial Safety Award for the third straight year

Feb 20, 2014
The Ontario Road Builders’ Association (ORBA) awarded Aecon the H.T Routly Memorial Safety Award in Category II, for averaging over 100,000 annual manhours without a Lost Time Injury (LTI).

Aecon completes $150 million public offering of convertible debentures

Nov 27, 2013
Aecon Group Inc. (“Aecon” or the “Company”) today announced that it has completed its previously announced public offering of $150 million aggregate principal amount of 5.50% convertible unsecured subordinated debentures due December 31, 2018 (the “Debentures”).

Aecon JV awarded $177 million contract for Eglinton Crosstown Light Rail Transit project

Nov 12, 2013
Aecon Group Inc. announced today that a 50/50 joint venture between Aecon and ACS Dragados Canada Inc., has been awarded a tunneling contract by Metrolinx for the construction of a section of the Eglinton Crosstown Light Rail Transit (LRT) project.

Aecon announces $150 million public offering of convertible debentures

Nov 7, 2013
Aecon Group Inc. (“Aecon” or the “Company”) (TSX: ARE) today announced that it has entered into an agreement with a syndicate of underwriters led by...

Aecon reports third quarter 2013 results

Nov 4, 2013
Aecon Group Inc. today reported results for the third quarter of 2013, including higher Adjusted EBITDA(1) of $79.5 million, with a margin of 8.9 per cent, as compared to $68.6 million, with a margin of 8.4 per cent, in the third quarter of 2012.

Aecon awarded $60 million Enbridge Terminal Project

Oct 24, 2013
Aecon Group Inc. announced today, coinciding with an investor tour with Raymond James in Edmonton, that it has been awarded a construction contract by Enbridge Pipelines Inc. as part of Enbridge’s South Edmonton Terminal Expansion Project.

Aecon hosts 9th annual Safety Day

Oct 3, 2013
On Thursday, October 3, Aecon hosted its 9th annual “Safety Day” at job sites and offices across Canada. Aecon’s 12,000 employees, along with partners and clients attended the event to recognize and acknowledge the importance of Aecon’s “Safety First” core value.

Aecon reports second quarter 2013 results

Aug 13, 2013
Aecon Group Inc. today reported results for the second quarter of 2013, including higher EBITDA for the second quarter of $36.7 million, with a margin of 5.3 per cent, as compared to $25.8 million, with a margin of 4.0 per cent, for the prior year period.

Joseph A. Carrabba Joins Aecon's Board of Directors

Jul 15, 2013
John M. Beck, Chairman and CEO of Aecon Group Inc. is pleased to announce on behalf of the Board of Directors that Joseph A. Carrabba has been appointed to Aecon’s Board of Directors effective immediately.

Aecon announces strategic partnership with Matawa First Nations

Jul 8, 2013
Aecon Group Inc. announced today it has signed a Memorandum of Understanding with Kiikenomaga Kikenjigewen Employment & Training Services (KKETS), A Division of Matawa First Nations.

Aecon holds 2013 Annual General Meeting

Jun 11, 2013
Aecon Group Inc. held its Annual General Meeting today at the Design Exchange in Toronto, and reaffirmed its positive outlook for 2013 and its target of 9 per cent EBITDA margin in 2015.

Aecon receives National Safety Award and Routly Safety Award

May 28, 2013
The Canadian Construction Association (CCA) presented Aecon with the National Safety Award. This award recognizes a company’s commitment to eliminate health and safety risks in the workplace. The award was given during CCA’s 95th annual conference in Malbai, Quebec in March 2013.

Aecon reports first quarter results for 2013

May 7, 2013
Aecon Group Inc. today reported results for the first quarter of 2013.

Aecon to hold information meeting with analysts

Apr 26, 2013
Aecon Group Inc. will host an information meeting today for analysts to update them and the investment community of the Company’s recently simplified organizational structure, management appointments, reporting segments for 2013, and adoption of IFRS 11 concerning accounting of joint arrangements.

Aecon reports full year results for 2012

Mar 12, 2013
Aecon Group Inc. today reported results for the fourth quarter and full year 2012 showing margin trends continued to be positive while revenue in 2012 was slightly higher than the same period a year ago.

Canadian-led partnership celebrates flawless commencement of commercial flight operations at New Quito International Airport

Feb 20, 2013
Aecon Group Inc. is pleased to announce the commencement of commercial flight operations today at the state-of-the-art New Quito International Airport in Ecuador.

Aecon’s Chairman and CEO John M. Beck opens the Toronto Stock Exchange to celebrate 25 years as a listed company

Jan 8, 2013
John M. Beck, Chairman and CEO of Aecon Group Inc. joined Loui Anastasopoulos, Vice President Business Development and Company Services, of the Toronto Stock Exchange (TSX) to open the market today to celebrate 25 years as a TSX listed company.

Aecon presented with Certificate of Recognition by Infrastructure Health and Safety Association

Nov 22, 2012
Aecon was pleased to recently be presented with the Certificate of Recognition (COR™) in Ontario by the Infrastructure Health & Safety Association (IHSA). The addition of the COR Ontario certification to Aecon’s COR certification in Alberta, British Columbia, Saskatchewan and Nova Scotia is evidence of Aecon’s commitment to our “Safety First” core value and being an industry leader in Health and Safety.

Aecon reports third quarter 2012 results and record backlog

Nov 5, 2012
Aecon Group Inc. today reported results for the third quarter of 2012 that showed margin trends continued to be positive while revenue was in line with the same period a year ago.

Aecon named one of Canada's 50 Best Employers for sixth consecutive year

Oct 22, 2012
Aecon is pleased to announce its continued ranking as one of the Best Employers in Canada for 2013, as determined by our employees and the Aon Hewitt national survey.