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BRIEF-Aecon Reports Q3 EPS C$0.60

Published 2018-10-25, 04:42 p/m
© Reuters. BRIEF-Aecon Reports Q3 EPS C$0.60
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Oct 25 (Reuters) - Aecon Group Inc ARE.TO :

* AECON REPORTS THIRD QUARTER 2018 RESULTS INCLUDING STRONG REVENUE AND PROFIT GROWTH, AS WELL AS RECORD BACKLOG OF $7.0 BILLION

* Q3 EARNINGS PER SHARE C$0.60

* Q3 EARNINGS PER SHARE VIEW C$0.48 -- THOMSON REUTERS I/B/E/S

* REVENUE FOR THREE MONTHS ENDED SEPTEMBER 30, 2018 OF $1,020 MILLION WAS $260 MILLION, OR 34 PER CENT, HIGHER THAN Q3 OF 2017

* BACKLOG AS AT SEPTEMBER 30, 2018 OF $7.0 BILLION COMPARES TO BACKLOG OF $4.3 BILLION A YEAR EARLIER

* NEW CONTRACT AWARDS OF $1.6 BILLION WERE BOOKED IN Q3 OF 2018, COMPARED TO $714 MILLION IN SAME PERIOD OF 2017

* "STRONG YEAR OF GROWTH IS EXPECTED IN 2019"

* Q3 REVENUE VIEW C$849.0 MILLION -- THOMSON REUTERS I/B/E/S

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