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    ARE   CA00762V1094

AECON GROUP INC.

(ARE)
  Report
Delayed Quote. Delayed Toronto Stock Exchange - 11/26 05:00:00 pm
16.63 CAD   -1.71%
11/01Aecon Group Downgraded to Outperform at Raymond James
MT
10/29TSX slips but posts biggest monthly gain since last November
RE
10/29TSX slips but posts biggest monthly gain since last November
RE
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Aecon : schedules third quarter 2021 financial results release and conference call

09/23/2021 | 12:53pm EST

TORONTO, Sept. 23, 2021 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that it intends to release its third quarter 2021 financial results on Thursday, October 28, 2021 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Friday, October 29, 2021.

Jean-Louis Servranckx, President and Chief Executive Officer, and David Smales, Executive Vice President and Chief Financial Officer, will host the conference call.

Participants should dial 1-833-950-0062 or 1-226-828-7575 at least 10 minutes prior to the conference time. The conference ID is 254589. An accompanying presentation of the third quarter 2021 financial results will be available after market close on October 28, 2021 at www.aecon.com/investing.  

A live webcast of the conference call will also be available at www.aecon.com/InvestorCalendar. Participants should join the webcast at least 15 minutes prior to the conference time to register and install any necessary software.

For those unable to attend the call, a replay will be available after 2 p.m. on October 29, 2021 at 1-866-813-9403 or 1-929-458-6194, or online until midnight on November 12, 2021. The access code is 462209. A replay of the webcast will also be available within 24 hours following the call.

About Aecon

As a Canadian leader in construction and infrastructure development with global expertise, Aecon Group Inc. (TSX: ARE) strives to be the number one Canadian infrastructure company and is proud to be recognized as one of the Best Employers in Canada. Aecon safely, profitably and sustainably delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility and Industrial sectors, and provides project development, financing, investment and management services through its Concessions segment. Join our online community on Twitter, LinkedIn, Facebook and Instagram @AeconGroup.

SOURCE Aecon Group Inc.

© Canada Newswire, source Canada Newswire English

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Analyst Recommendations on AECON GROUP INC.
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Financials
Sales 2021 4 024 M 3 155 M 3 155 M
Net income 2021 59,8 M 46,9 M 46,9 M
Net Debt 2021 496 M 389 M 389 M
P/E ratio 2021 16,4x
Yield 2021 4,19%
Capitalization 1 003 M 784 M 787 M
EV / Sales 2021 0,37x
EV / Sales 2022 0,35x
Nbr of Employees 5 260
Free-Float 98,4%
Chart AECON GROUP INC.
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Technical analysis trends AECON GROUP INC.
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Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 16,63 CAD
Average target price 22,77 CAD
Spread / Average Target 36,9%
EPS Revisions
Managers and Directors
Jean Louis Servranckx President, Chief Executive Officer & Director
David Smales Chief Financial Officer & Executive Vice President
John M. Beck Non-Executive Chairman
Anthony P. Franceschini Lead Independent Director
James Douglas Hole Independent Director
Sector and Competitors