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Aecon’s Airport Development Business in the Caribbean Continues to Grow
Justin Lee
March 25, 2025
© Peter Burka / Flickr
Within one year, the company has won airport development projects in the U.S Virgin Islands, Anguilla as well as Antigua & Barbuda.
In March 2025, Aecon announced that fourth-quarter revenues increased 12% to CA$1.27bn from CA$1.13bn the year before while income attributable to shareholders rose to CA$14.0mn in the quarter ended 31 December 2024 from CA$9.7mn in the same period a year earlier.
The quarter capped off a year that saw Aecon report CA$59.5mn in losses, with CEO Jean-Louis Servranckx citing income drops owing partly to the sale of a minority stake in Skyport, Bermuda’s L.F Wade International Airport concessionaire.
© 123waawaaaa / Wikipedia
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