TSX:AREConstruction
Aecon Group (TSX:ARE) Is Down 5.9% After Q3 Earnings Show Revenue Growth but Lower Net Income
Aecon Group recently reported third quarter 2025 earnings, highlighting sales of C$1.53 billion up from C$1.28 billion a year earlier, alongside a drop in net income to C$40 million from C$56.46 million, and issued financial guidance anticipating stronger full-year 2025 revenue due to a record C$10.8 billion backlog and robust demand.
While net income declined, Aecon's forward-looking guidance points to anticipated revenue growth driven by new project wins and the integration of recent...