Aecon Group Reports Record Backlog and Improved Q1 Financials
Aecon Group (TSE:ARE) reported a record backlog of CAD 10.9 billion and first-quarter revenue growth to CAD 1.3 billion, up 18% year-over-year. Adjusted EBITDA improved significantly from CAD 4 million in the prior-year quarter to CAD 32 million.
Topics: backlog construction ebitda_improvement free_cash_flow revenue_growth