Aecon Group Inc.
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Aecon Group Inc. Financial Snapshot
Operating Performance
Fast Facts
The company reported revenues of US$2,669.68
Headquarters Address Suite 800, Toronto, M9W 7K6,Canada
million during 2010, with a CAGR of 28.30% during
2006–2010. Its revenue grew at an annual rate of
Telephone + 1 416 2937004
34.61% over the previous fiscal year. In 2010, the
company recorded an operating margin of 2.08%, as
Fax + 1 416 7548736 against 3.10% in 2009.
Website www.aecon.com
Revenue and Margins
Ticker Symbol, Stock Exchange ARE, Toronto Stock Exchange
Number of Employees 1,473
Fiscal Year End December
Revenue (in US$ million) 2,669.68
Revenue (in CAD million) 2,749.77
SWOT Analysis
Strengths Weaknesses
Focus on Infrastructure and Energy
Declining Operating Margin
Projects
Sustainable Order Backlog Limited Liquidity Position
Wide Business Operations Underutilization of Resources
Opportunities Threats
Increasing Construction Activities in Increasing competition for
Canada infrastructure projects
Infrastructure Spending in Canadian
Safety Issues
NW Territories
Investments in Renewable Energy
Stringent Environmental Regulations
Sector
Strategic Acquisitions
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Aecon Group Inc. - SWOT Profile Page 1
Aecon Group Inc.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators .................................................................................................................10
2.2.1 Revenue and Operating Profit .........................................................................................................................10
2.2.2 Asset, Liabilities and Capex .............................................................................................................................11
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................12
2.2.4 Operational Efficiency ......................................................................................................................................13
2.2.5 Solvency ..........................................................................................................................................................14
2.2.6 Valuation ..........................................................................................................................................................15
2.3 Key Competitors ...................................................................................................................................................16
3 Mergers & Acquisitions and Partnerships ........................................................................................... 17
3.1 M&A and Partnerships Strategy ...........................................................................................................................17
4 Recent Developments ........................................................................................................................... 19
5 SWOT Analysis ...................................................................................................................................... 21
5.1 SWOT Analysis - Overview ..................................................................................................................................21
5.2 Strengths ..............................................................................................................................................................21
5.3 Weaknesses .........................................................................................................................................................21
5.4 Opportunities ........................................................................................................................................................22
5.5 Threats .................................................................................................................................................................23
6 Aecon Group Inc. - Company Statement ............................................................................................. 24
7 History .................................................................................................................................................... 25
8 Aecon Group Inc. - Key Employees ..................................................................................................... 26
9 Key Employee Biographies................................................................................................................... 27
10 Locations and Subsidiaries .................................................................................................................. 28
10.1 Head Office ..........................................................................................................................................................28
10.2 Other Locations and Subsidiaries ........................................................................................................................28
11 Appendix ................................................................................................................................................ 29
11.1 Methodology .........................................................................................................................................................29
11.2 Ratio Definitions ...................................................................................................................................................29
11.3 Disclaimer.............................................................................................................................................................33
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Aecon Group Inc. - SWOT Profile Page 2
Aecon Group Inc.
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List of Tables
Table 1: Major Products and Services....................................................................................................................................6
Table 2: Key Ratios - Annual ..................................................................................................................................................7
Table 3: Key Ratios - Interim ..................................................................................................................................................9
Table 4: Key Capital Market Indicators ..................................................................................................................................9
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