Aecon Group posts loss of $6.1 million in first quarter, sales also lower

Aecon Group Inc. reported a loss of $6.1 million in its first quarter, compared with a loss of $9.4 million a year earlier.

The Toronto-based company says revenue for the quarter ended March 31 totalled $846.6 million, down from $1.1 billion during the same quarter last year.

Diluted loss per share was 10 cents, compared with 15 cents a year ago.

President and CEO Jean-Louis Servranckx says the company is focused on achieving improved profitability and margin predictability.