The Financial Post reports in its Thursday edition that on the heels of record annual revenues and successful project bids, Aecon Group says it is not yet feeling any pressure from high-risk, fixed-bid infrastructure contracts it will face over the next couple of years. A Canadian Press dispatch to the Post quotes chief executive officer Jean-Louis Servranckx on a conference call with investors Wednesday: "So far, none of those big jobs have experienced ... problems during the beginning of the execution. I remind you that most of them just begin with almost one year of detailed engineering, so this is where we are, and some preparatory works." The construction firm logged a 16-per-cent increase in revenues to $3.27-billion last year, up from $2.81-billion in 2017. About 42 per cent of Aecon's 2018 revenue came from fixed-price contracts -- under which companies have to eat any cost overruns. Its year-end backlog is at a record $6.8-billion. The launch of the construction phase of both the Finch West LRT project in Toronto and the Gordie Howe International Bridge project drove "stellar" quarterly results via higher management and development fees in the fourth quarter, said Benoit Poirier of Desjardins Securities.