TSX:AREConstruction
Does Aecon Group (TSX:ARE) Hamilton LRT Role Clarify Its Long-Term Infrastructure Revenue Profile?
Aecon Group Inc. recently announced that the Hamilton LRT Civil & Utilities Alliance, with Metrolinx as owner and Aecon as construction partner, has entered an 18–24 month development phase for the 14-kilometre Hamilton LRT civil and utilities works project, to be followed by a construction implementation phase.
This long-term transit contract, alongside management’s expectation that 2026 revenue will exceed 2025 levels and improving quarterly results, highlights how Aecon’s record backlog...