
- Aecon Group’s fourth-quarter adjusted earnings per share (EPS) were C$0.25, falling short of the estimated C$0.40.
- The revenue for the quarter increased by 12% year-over-year to C$1.27 billion, surpassing the estimate of C$1.2 billion.
- Net EPS improved to C$0.21 from C$0.15 year-over-year.
- The backlog at year-end grew by 8.2% year-over-year to C$6.66 billion, exceeding the estimate of C$6.12 billion.
- The construction backlog alone was C$6.55 billion, marking an 8.2% increase from the previous year and exceeding the estimate of C$6 billion.
- Adjusted EBITDA for the quarter was C$76.3 million, showing a year-over-year increase of 8.7%, yet missing the projected C$83 million.
- Construction adjusted EBITDA experienced a quarter-over-quarter decline of 43% to C$65.0 million, below the estimated C$76.2 million.
- Concessions adjusted EBITDA decreased by 12% year-over-year, totaling C$17.4 million.
- Capital expenditures in 2025 are anticipated to be slightly higher than in 2024.
- According to CEO Jean-Louis Servranckx, expected revenue for 2025 should be stronger than 2024, driven by a solid backlog, new contract awards, strategic acquisitions, recurring revenue, and a robust bid pipeline.
- The company’s stock has 7 buy ratings, 4 hold ratings, and no sell ratings.
A look at Aecon Group Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Aecon Group Inc has a positive long-term outlook. With high scores in value, momentum, and resilience, the company is positioned well for future growth and stability. Aecon’s strong value score indicates that it is currently trading at an attractive valuation, making it a potentially solid investment. Furthermore, its momentum score suggests that the company is gaining traction in the market, which could lead to continued positive performance. In terms of resilience, Aecon’s score highlights its ability to withstand economic fluctuations and challenges, providing investors with a sense of security.
Aecon Group Inc, a construction and infrastructure development company, is well-regarded for its services to both private and public sector clients. Operating in Canada and internationally, Aecon offers a range of services including development and project financing, design and engineering, procurement and construction, and operation and facility management. With solid scores across key factors such as value, momentum, and resilience, Aecon appears to be in a strong position for long-term success in the construction and infrastructure industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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