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Aecon posts $52.9M third-quarter profit as revenue rises to $1.92B and backlog hits $14.56B

Aecon posts $52.9M third-quarter profit as revenue rises to $1.92B and backlog hits $14.56B

Aecon reported a $52.9 million profit attributable to shareholders in its third quarter, up from $40 million a year earlier.

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Aecon Group Inc. says its third-quarter profit attributable to shareholders totalled $52.9 million, compared with $40 million during the same period last year.

On a diluted per-share basis, the profit amounted to 74 cents, up from 60 cents in the prior-year quarter.

The Toronto-based construction firm reported revenue of $1.92 billion for the period ended Sept. 30, rising from $1.53 billion year over year.

Aecon also reported a record backlog of $14.56 billion, up from $10.78 billion a year earlier.

The company said it expects double-digit revenue growth in 2026, citing its backlog, recurring revenue programs, recent acquisitions and other factors.

In June, Aecon announced it purchased a nuclear fabrication facility in Jackson, S.C.

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