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News Release

Financial close achieved on Waterloo Region Light Rail Transit project

May 9, 2014
Aecon Group Inc. advised today that the GrandLinq consortium and the Region of Waterloo have achieved financial close on the previously disclosed ION Stage 1 Light Rail Transit (LRT) project. The GrandLinq consortium is comprised of: Plenary Group, Meridiam, Aecon, Kiewit and Keolis.

News Release

Aecon’s New Quito International Airport wins an “Oscar of the travel industry”

May 9, 2014
Aecon’s New Quito International Airport was named the “Leading Airport in South America” by World Travel Awards at a recent awards ceremony in Quito, Ecuador.

News Release

Aecon reports first quarter 2014 results

May 7, 2014
Aecon Group Inc. today reported results for the first quarter 2014 including higher Adjusted EBITDA of $3.1 million as compared to an Adjusted EBITDA loss of $11.3 million in the first quarter of 2013, and backlog of $2.2 billion at March 31, 2014, as compared to $1.8 billion at December 31, 2013.

News Release

Aecon joint venture announced for York Viva Bus Rapid Transit project

Apr 22, 2014
Aecon Group Inc. advised today that the Region of York has announced that York RapidLINK Constructors, a 50/50 joint venture comprised of Aecon and Dufferin Construction Company, a division of Holcim (Canada) Inc., has been chosen for a $261 million project to design and build the York Viva Bus Rapid Transit (vivaNext) rapidways along Yonge Street in the Towns of Richmond Hill and Newmarket.

News Release

Aecon wins the CCA’s International Business Award for Quito Airport Project

Mar 17, 2014
The Canadian Construction Association (CCA) has awarded Aecon the International Business Award for its role in achieving completion of the Quito International Airport project in Ecuador.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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).

News Release

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”).

News Release

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.

News Release

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...

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

Aecon reports first quarter results for 2013

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

News Release

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.

News Release

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.