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Aecon reports third quarter results.Canada
http://www.newswire.ca/en/releases/archive/November2009/03/c...
Submitted by
jsmith
3 weeks, 6 hours agoThird quarter revenues reached a record $707 million, with increases reported in each of the four operating segments due primarily to the recent acquisitions of Lockerbie & Hole and South Rock, both in Alberta.
Gross margin (representing revenues less direct costs and expenses) increased from $68.7 million (12.8% of revenues) in the third quarter of 2008 to $76.2 million (10.8% of revenues) in the third quarter of 2009.
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