COMPANY PROFILE -Aecon Group Inc.
Business Sector :Construction and Infrastructure
Operating Geography :Canada, North America, Global
About Aecon Group Inc. :
Aecon Group Inc. is a construction firm with its business headquarters in Vancouver, Canada. Aecon's history began in Hamilton in 1867 with the establishment of a plumbing and gas fitting business by Scottish immigrant Adam Clark. It offers services to clients in the public and private sectors for its three key business segments: concessions, industrial, and infrastructure. Aecon Infrastructure is responsible for developing and constructing many significant transportation projects, including airport terminals, roadways, hydropower dams, subway tunnels, and utility corridors. Aecon Industrial provides a range of services for various projects, including mines both new and old as well as hydroelectric facilities, natural gas power plants, oil and gas facilities, cogeneration plants, and nuclear plants. In addition to other infrastructure development projects that require private financing, Aecon Concessions specialises in the creation of Public-Private Partnership (P3) projects on a national and international scale. In addition to producing pre-construction and pre-fabrication materials, Aecon also produces construction materials like aggregate and asphalt in eight company-owned fabrication plants across Canada. In June 2022, the company was named among Canada's Best 50 Corporate Citizens on the Corporate Knights 2022 list, demonstrating its noteworthy advancement in adopting and putting net-zero construction techniques into practice.
Aecon's key competitive advantage is its established position as a pioneer in the design and building of infrastructure in the Canadian market. The mission statement of the company reads, "To become the number one construction and infrastructure development company in Canada, a national player who safely, profitably and sustainably delivers best-in-class integrated services, products and solutions to meet its customers' needs".
Aecon Group Inc. Revenue :
CA$ 3977.3 million - FY ending 31st December 2021 (y-o-y growth 9.1%)
CA$ 3643.6 million - FY ending 31st December 2020
Competitive Analysis of Aecon Group Inc.
The SWOT analysis for Aecon Group Inc. is presented below in a matrix followed by the detailed analysis report:
| Strengths | Weaknesses |
1. Large number of discrete projects underway which account to over 700.
2. Strong recurring revenue base gives stability to the business.
3. Future is well positioned in the sustainable project markets.
4. Six tuck-in acquisitions in the last three years which values to more than $60 million.
5. Large amount of backlog projects and concession projects.
| 1. Many lawsuits and labor safety violation cases against the company
2. Dependent on subcontractors for certain tasks which might affect the construction schedule.
3. Weaker presence outside Canada.
|
| Opportunities | Threats |
1. Growth in the emerging sectors like nuclear, telecom, geothermal etc.
2. The company can grow its non-fixed price contracts which will benefit the company.
3. Concession projects portfolio can be increased to create future value.
| 1. Labor shortages or rise in labor prices might affect the company.
2. Rise in covid-19 cases can affect the ongoing projects of the company.
3. Supply chain crisis can affect the supply of materials for the projects.
4. Any adverse economic condition can affect the demand of the company.
|
Aecon Group Inc. SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed SWOT Analysis of Aecon Group Inc.
Strength
1. Large number of discrete projects underway which account to over 700: Aecon Group Inc. is one of the largest construction groups in Canada. It is involved in the construction in both private and public sector. The company operates in different construction segments like road and highways, heavy civil construction, urban transportation solutions, nuclear power, industrial construction and utilities construction. Currently, the company has around 700 projects that are under construction and the value of each project amount close to $30 million. There are major projects undergoing in different sectors. The company has undertaken both public and private projects in different regions across Canada. Some of the major projects of the company include Bow River bridge twinning, Coastal gas link pipeline, gordie howe international bridge, highway expansion projects, Winnipeg North End sewage treatment plant etc. These large project undertakings provide a stable growth outlook for the future of the company.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
This section is available only in the 'Complete Report' on purchase.
The PESTLE analysis for Aecon Group Inc. is presented below in a table followed by the detailed analysis report:
| Political | Economical |
| 1. Canada government has set up infrastructure development plans to revive the economy | 1. High inflation rate is affecting the prices of commodities.
2. Interest rates are being hiked by banks to tackle inflation.
3. Supply chain crisis is causing an increase in the raw material prices.
4. An economy slowdown is more likely in Canada due to several factors.
|
| Social | Technological |
| 1. Urbanization in Canada is expanding and growing | 1. New age construction technology will likely transform the industry in the future.
2. Digitization is being adopted by the construction industry slowly.
|
| Legal | Environmental |
1. Alberta province in Canada has introduced a reformation to the current Builder’s Lien Act.
2. Two new laws related to employment, passed by the provincial government will affect the construction industry in Canada.
| 1. Canada has set up a growth fund for achieving net-zero emissions by 2050 through boosting clean energy projects.
2. Sustainable construction has a huge growth opportunity in the coming years in Canada
|
Aecon Group Inc. SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed Pestle Analysis of Aecon Group Inc.
Political
1. Canada government has set up infrastructure development plans to revive the economy: The government of Canada has set up different infrastructure development plans as a response to covid-19. These plans aim to revive the economy from the effects of covid-19. The infrastructure plans are scheduled over the coming years and aim to spend significant amount on boosting both private and public infrastructure. The Canada infrastructure bank aims to spend $35 billion on developing green infrastructure around the country. The invest in Canada plan is working with several global investors to boost the infrastructure of the country. This is a 12-year investment plan and is running since 2016. More than $20 billion have been approved till date for over 4500 projects. Apart from the budget issued by the country, several provinces have also issued budgets for the development of the state infrastructure. Provinces like Ontario, Quebec, Alberta etc. have issued budgets to improve their transportation and transit. Significant investment in infrastructure will give a boost to the construction industry in Canada. Aecon group collaborates with several private and government projects; hence the infrastructure development plan can give a boost to the company’s revenue.
The remaining section under "Political" is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
This section is available only in the 'Complete Report' on purchase.
Major Competitors :
- Graham Construction and Engineering Inc.
- Dragados
- EllisDon
- Primoris Services Corporation
- SNC- Lavalin
Major Brands :
- South Rock Ltd
- Aecon Utilities Inc.
- Voltage Power Ltd
- The Karson Group
- Miwel Construction limited
- Aecon industrial
Aecon Group Inc. SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
You may also be interested in other analyses of Aecon Group Inc.:
-
| Aecon Group Inc. Porter's Five Forces Analysis |
|
-
| Aecon Group Inc. VRIO Analysis |
|
-
| Aecon Group Inc. Value Chain Analysis |
|
-
| Aecon Group Inc. Covid-19 Impact Analysis |
|
-
| Aecon Group Inc. BCG Analysis |
|
-
| Aecon Group Inc. Segmentation, Targeting and Positioning (STP) Analysis |
|
-
| Aecon Group Inc. Ansoff Matrix Analysis |
|
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Company Overview Report
This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Competitor Analysis Report
This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Porter's Five Forces Analysis Report
This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
VRIO Analysis Report
This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Value Chain Analysis Report
This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Regulatory Outlook Report
This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Risk Analysis Report
This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key Performance Indicators (KPI's) Report
This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Environmental, Social, and Governance (ESG) Analysis Report
This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
M&A Analysis Report
This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Subsidiaries, Partnerships and Collaborations Report
This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Stakeholder Analysis Report
This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Technology Landscape and Outlook Report
This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Covid-19 Impact Analysis Report
This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key News and Events Report
This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
BCG Analysis Report
This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Digital Marketing and Social Media Strategy Analysis Report
This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Segmentation, Targeting and Positioning (STP) Analysis Report
This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Ansoff Matrix Analysis Report
This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free.
You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Check Out Analysis of Other Relevant Companies
References used in Aecon Group Inc. SWOT & PESTLE Analysis Report
1. Investors Presentation - https://aeconcomfiles.blob.core.windows.net/web-live/docs/default-source/investor-briefcase/ir-presentation-q1-2022-vf.pdf?sfvrsn=b36bb188_3
2. Aecon Construction Group Inc. (Canada) v. The Republic of Ecuador - https://pca-cpa.org/en/cases/254/
3. Convictions under the OHS Legislation - https://www.alberta.ca/convictions-under-ohs-legislation.aspx
4. Annual Report - https://www.annualreports.com/HostedData/AnnualReports/PDF/TSX_ARE_2021.pdf
The detailed complete set of references are available on request in the 'Complete report' on purchase.
How to Reference This Page?
You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.
Aecon Group Inc. SWOT and PESTLE Analysis - SWOT & PESTLE.COM
SWOT & PESTLE.com (2023). Aecon Group Inc. SWOT and PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/aecon-group/ [Accessed 10 Jun, 2023].
In-text: (SWOT & PESTLE.com, 2023)
Copyrights and Disclaimer
Aecon Group Inc. SWOT and PESTLE analysis has been conducted by Sushil Kumar Panda and reviewed by senior analysts from Barakaat Consulting.
Copyright of Aecon Group Inc. SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.
Safe and secure payments
