TORONTO - Aecon Group Inc. (TSX:ARE) said Tuesday it earned $7.9 million as revenue improved by eight per cent compared with a year ago.
The construction company said the profit amounted to 13 cents per diluted share for the quarter ended June 30 compared with a profit of $5 million or nine cents per diluted share a year ago.
Revenue grew to $697.6 million compared with $648.1 million.
The company's backlog increased to $2.215 billion at the end of the quarter, up from $2.073 billion at the end of the first quarter of 2013.
"We were able to improve our margins in the quarter and that objective remains the priority for our team going forward," president and chief operating officer Teri McKibbon said.
"We will continue our focus on execution across the spectrum of projects that we are working on as well as keeping a disciplined bidding approach in regard to new opportunities."
Shares in the company, which reported its results after the close of markets, were down 19 cents at $11.92 on the Toronto Stock Exchange.
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