Aecon Group Inc.'s reported a decline in quarter four profit.

Aecon Group Inc., a Canadian construction firm, reported a decline in Q4 2023 profit to $9.7M, down from $19.7M in Q4 2022, with revenue dropping from $1.27B to $1.13B. However, the company's full-year earnings increased to $161.9M from $30.4M in 2022. CEO Jean-Louis Servranckx characterizes 2023 as a transformative year, focusing on decarbonization, energy transition, and expansion into U.S. and international markets.

March 05, 2024
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