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Category: BusinessText

SNC-Lavalin to host an analyst and investor day in Montreal on September 12, 2017

August 10, 2017 SNC-Lavalin Group Inc. (TSX: SNC) will host an investor and analyst day in Montreal on Tuesday September 12, 2017 at 8:15 a.m. EDT. The half-day event will be comprised of formal presentations by the President and Chief Executive Officer, Neil Bruce, Executive Vice-President and Chief Financial Officer, Sylvain Girard, Head of each […]

by pmnationtalk on August 11, 201732 Views

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Category: GeneralText

SNC-Lavalin-Dragados-Pennecon General Partnership to work with Husky Energy on Canadian offshore project

August 8, 2017 SNC-Lavalin (TSX: SNC), Dragados Canada and Pennecon Ltd are pleased to announce that their General Partnership (GP) has been awarded a construction contract from Husky Energy as part of the company’s West White Rose Project in Newfoundland and Labrador. The GP will build a concrete gravity structure (CGS) for a fixed drilling […]

by pmnationtalk on August 8, 201770 Views

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Category: BusinessText

SNC-Lavalin announces its Q2 2017 results, with a net income attributable to SNC-Lavalin shareholders of $136 million, up from $89 million in Q2 2016

August 3, 2017 Reported Q2 2017 IFRS net income attributable to SNC-Lavalin shareholders of $136.4 million, or $0.91 per diluted share. Q2 2017 adjusted net income from E&C(1) of $64.2 million, or $0.43 per diluted share. Q2 2017 G&A expenses of $132.3 million, 12.3% lower versus Q2 2016. Revised 2017 Outlook: adjusted diluted EPS from […]

by pmnationtalk on August 3, 201795 Views

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Category: BusinessText

SNC-Lavalin to hold second quarter 2017 earnings conference call and webcast on August 3, 2017

July 17, 2017 SNC-Lavalin Group Inc. (TSX: SNC) will hold a conference call to review results for its second quarter 2017. The public is invited to listen to the conference call on Thursday, August 3, 2017, at 3:00 p.m. EDT. Participants will be Neil Bruce, President and Chief Executive Officer and Sylvain Girard, Executive Vice-President […]

by pmnationtalk on July 18, 201744 Views

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Category: BusinessText

SNC-Lavalin creates new infrastructure investment vehicle

SNC-Lavalin creates new infrastructure investment vehicle June 30, 2017 SNC-Lavalin (TSX: SNC) is pleased to announce the launch of a new infrastructure investment vehicle, SNC-Lavalin Infrastructure Partners LP (“the Partnership”), established to efficiently redeploy capital back into development opportunities. This vehicle will hold SNC-Lavalin’s interests in a selection of its mature Canadian infrastructure assets and […]

by pmnationtalk on June 30, 201775 Views

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Category: BusinessText

SNC-Lavalin completes the sale-leaseback of its headquarters in Montreal with GWL Realty Advisors for approximately $170 million

June 22, 2017 SNC-Lavalin announced today that it has completed the sale of its Montreal head office building and the adjacent empty lot of land located on René-Lévesque Boulevard West for approximately $170 million to GWL Realty Advisors on behalf of institutional clients. SNC-Lavalin leases back the building for 20 years. SNC-Lavalin plans an extensive […]

by pmnationtalk on June 23, 201776 Views

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Category: BusinessText

SNC-Lavalin Renews its Normal Course Issuer Bid

SNC-Lavalin Renews its Normal Course Issuer Bid June 02, 2017 SNC-Lavalin Group Inc. (TSX: SNC) announces today that its Board of Directors has filed a notice to renew, for a 12-month period, its normal course issuer bid, which will expire on June 5, 2017. In the notice, SNC-Lavalin Group Inc. (“the Company”) states that a […]

by pmnationtalk on June 2, 201793 Views

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Category: BusinessText

SNC-Lavalin Announces the Results of the Vote for the Election of Directors

SNC-Lavalin Announces the Results of the Vote for the Election of Directors May 4, 2017 SNC-Lavalin Group Inc. (TSX: SNC) is pleased to announce that the nominees listed in the management proxy circular dated March 13, 2017 were elected as directors of SNC-Lavalin Group Inc. The detailed results of the vote for the election of […]

by pmnationtalk on May 5, 2017103 Views

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Category: BusinessText

SNC-Lavalin announces solid earnings in Q1 2017, with a net income attributable to SNC-Lavalin shareholders of $90 million

May 4, 2017 Reported Q1 2017 IFRS net income attributable to SNC-Lavalin shareholders of $89.7 million, or $0.60 per diluted share. Q1 2017 G&A expenses of $107.8 million, 12.1% lower versus Q1 2016. Q1 2017 adjusted net income from E&C(1) of $60.7 million, or $0.40 per diluted share. 2017 Outlook maintained: adjusted diluted EPS from E&C(2) […]

by pmnationtalk on May 4, 2017108 Views

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Category: BusinessText

SNC-Lavalin announces closing of $880 million public offering of subscription receipts and $400 million private placement of subscription receipts

SNC-Lavalin announces closing of $880 million public offering of subscription receipts and $400 million private placement of subscription receipts April 27, 2017 SNC-Lavalin Group Inc. (TSX: SNC) (“SNC-Lavalin” or the “Corporation”) announced that it has closed its previously announced public offering (the “Public Offering”) of 15,550,000 subscription receipts (the “Subscription Receipts”), at a price of […]

by pmnationtalk on April 27, 2017132 Views

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