Aecon Group Inc. (ARE.TO)
Aecon Group Inc. operates in the Engineering & Construction industry of the Industrials sector, headquartered in Toronto, ON, CA. The stock last traded at $45.25, down 0.33% on the session, giving a market capitalisation of $3.10B. Its beta of 1.24 implies it has historically moved more than the broad market.
Aecon Group Inc., alongside its subsidiaries, delivers a comprehensive array of construction and infrastructure development services to both private and public sector clients across Canada, the United States, and globally. The company operates through two primary divisions: Construction and Concessions. Within its Construction segment, Aecon primarily targets vital areas such as civil infrastructure projects, urban transit systems, nuclear energy facilities, general utility networks, and conventional industrial frameworks. The Concessions segment, conversely, specializes in managing construction ventures through their entire lifecycle, encompassing development, building, financing, and ongoing operations, often structured as public-private partnerships (PPPs). Established in 1877 and headquartered in Toronto, Canada, the firm was originally known as Prefac Concrete Co. Ltd. before rebranding as Aecon Group Inc. in June 2001.
Aecon Group Inc. is most often compared with the following Industrials names: