The corporate logo of Aecon Group Inc. is shown in this undated handout photo. THE CANADIAN PRESS/HO
July 26, 2018 - 3:05 PM
TORONTO - Aecon Group Inc. says it's recorded a record high work backlog of $6.4 billion at the end of its second quarter.
The engineering firm says the backlog is $2 billion higher than at the end of the same quarter the previous year.
Aecon says it booked $2.6 billion in new contracts during the quarter ended June 30, compared to $687 million for the second quarter of 2017.
It reported a $12.8 million operating profit or diluted earnings per share of 13 cents, up from $5.3 million or a penny per share during the previous year's quarter.
Interim CEO John M. Beck says in a statement that the results show the alignment of the company's strengths with unprecedented market opportunity in the country.
Aecon recently announced it appointed Jean-Louis Servranckx as its president and CEO effective Sept. 4.
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News from © The Canadian Press, 2018