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Latest Press Releases

Aecon provides update on impact of COVID-19 pandemic
- CNW Group - Mon Mar 30, 3:45PM CDT
CNW Group - CMTX
Mon Mar 30, 3:45PM CDT
- Withdraws outlook for 2020 -
Aecon to hold virtual annual meeting of shareholders
- CNW Group - Tue Mar 24, 6:00AM CDT
CNW Group - CMTX
Tue Mar 24, 6:00AM CDT
Aecon Group Inc. (TSX: ARE) announced today that it will hold its annual meeting of shareholders on Tuesday, June 2, 2020 using a virtual meeting format.
Aecon reports 2019 results including record revenue and Adjusted EBITDA
- CNW Group - Tue Mar 3, 3:20PM CST
CNW Group - CMTX
Tue Mar 3, 3:20PM CST
Quarterly dividend increased to 16 cents per share from 14.5 cents per share
Aecon joint venture reaches financial close on the Pattullo Bridge Replacement Project in British Columbia
- CNW Group - Mon Feb 10, 3:27PM CST
CNW Group - CMTX
Mon Feb 10, 3:27PM CST
Aecon Group Inc. (TSX: ARE) announced today that Fraser Crossing Partners has reached financial close on the Pattullo Bridge Replacement Project in British Columbia. The total contract is valued at $967.5 million.
Aecon acquires medium to high-voltage electrical transmission contractor Voltage Power
- CNW Group - Mon Feb 3, 6:00AM CST
CNW Group - CMTX
Mon Feb 3, 6:00AM CST
Aecon Group Inc. (TSX: ARE) announced today that it has acquired Voltage Power, an electrical transmission and substation contractor headquartered in Winnipeg, Manitoba. The base purchase price is $30 million in cash, with additional earnout payments possible based on achieving minimum EBITDA targets over the next three years. The base purchase price implies a transaction multiple of approximately 3.75x Voltage Power's average EBITDA over the past three years and will be fully financed using Aecon's available cash.
Aecon schedules fourth quarter and year-end 2019 financial results release and conference call
- CNW Group - Thu Jan 30, 6:00AM CST
CNW Group - CMTX
Thu Jan 30, 6:00AM CST
Aecon Group Inc. (TSX: ARE) announced today that it intends to release its fourth quarter and year-end 2019 financial results on Tuesday, March 3, 2020 after market close, and has scheduled a conference call and live webcast for 10 a.m. (Eastern Time) on Wednesday, March 4, 2020.
Aecon announces John M. Beck transition from Executive Chairman to non-executive Chairman
- CNW Group - Fri Jan 10, 6:00AM CST
CNW Group - CMTX
Fri Jan 10, 6:00AM CST
Aecon Group Inc. (TSX: ARE) announced today that effective immediately, John M. Beck, Founder, former Chief Executive Officer and Executive Chairman has transitioned to the role of non-executive Chairman. Jean-Louis Servranckx, President and Chief Executive Officer, will assume full executive responsibility and will be fully supported by Mr. Beck and the Board.
Aecon joint venture selected as preferred proponent for the Pattullo Bridge Replacement Project in British Columbia
- CNW Group - Thu Dec 19, 6:00AM CST
CNW Group - CMTX
Thu Dec 19, 6:00AM CST
Aecon Group Inc. (TSX: ARE) announced today that Fraser Crossing Partners, a 50/50 joint venture between Aecon and Acciona, has been selected by the Province of B.C. as preferred proponent for the Pattullo Bridge Replacement Project.
Aecon joint venture selected as preferred proponent for the Pattullo Bridge Replacement Project in British Columbia
- CNW Group - Thu Dec 19, 6:00AM CST
CNW Group - CMTX
Thu Dec 19, 6:00AM CST
Aecon Group Inc. (TSX: ARE) announced today that Fraser Crossing Partners, a 50/50 joint venture between Aecon and Acciona, has been selected by the Province of B.C. as preferred proponent for the Pattullo Bridge Replacement Project.
Aecon awarded three significant contracts in British Columbia, Alberta and Ontario
- CNW Group - Tue Dec 17, 3:31PM CST
CNW Group - CMTX
Tue Dec 17, 3:31PM CST
Aecon share valued at $420 million added to fourth quarter 2019 backlog

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