S Snc Lavalin Inc
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SNC-Lavalin subsidiary reaches five-year collective agreements with union
SNC-Lavalin subsidiary reaches five-year collective agreements with union March 28, 2017 SNC-Lavalin (TSX: SNC) is pleased to announce its wholly-owned subsidiary Candu Energy Inc., has recently reached five-year collective agreements with the Society of Professional Engineers & Associates (SPEA). SPEA’s two bargaining units represent engineers, scientists, technicians and technologists. These agreements, ratified by SPEA members […]
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SNC-Lavalin awarded five-year commissioning framework agreement by Petroleum Development Oman
SNC-Lavalin awarded five-year commissioning framework agreement by Petroleum Development Oman SNC-Lavalin (TSX: SNC) is pleased to announce that its wholly owned subsidary Kentz Overseas Company WLL has been awarded a five-year commissioning support services framework agreement by Petroleum Development Oman (PDO). Under the agreement, the company will provide a variety of systems completions, commissioning and […]
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SNC-Lavalin announces fourth quarter results, with a 2016 full year adjusted diluted EPS from E&C of $1.51, a 5% increase in dividend and an increase in its outlook for 2017
SNC-Lavalin announces fourth quarter results, with a 2016 full year adjusted diluted EPS from E&C of $1.51, a 5% increase in dividend and an increase in its outlook for 2017 March 2, 2017 Q4 2016 reported IFRS net income of $1.6 million, or $0.01 per diluted share, which included $39.8 million of net loss on […]
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Jimmie Creek honoured with Project Excellence award at Generate 2016 conference
Jimmie Creek honoured with Project Excellence award at Generate 2016 conference February 21, 2017 SNC-Lavalin (TSX: SNC) is pleased to announce that its work on Alterra Power Corp. and Axium Infrastructure Inc.’s Jimmie Creek Hydroelectric Project won Clean Energy BC’s Project Excellence award at its annual Generate 2016 conference in Vancouver. As part of an […]
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SNC-Lavalin to hold fourth quarter 2016 earnings conference call and webcast
SNC-Lavalin to hold fourth quarter 2016 earnings conference call and webcast February 13, 2017 SNC-Lavalin Group Inc. (TSX: SNC) will hold a conference call to review results for its fourth quarter and year ended December 31, 2016. The public is invited to listen to the conference call on Thursday, March 2, 2017, at 3:00 p.m. […]
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SNC-Lavalin awarded two rail & transit contracts in the United States
SNC-Lavalin awarded two rail & transit contracts in the United States SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded two rail and transit contracts in the United States. The first is a five-year contract valued at $13.7M USD with the Southeastern Pennsylvania Transportation Authority (SEPTA) for the engineering and administrative consultancy […]
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SNC-Lavalin finalizes sale of its real estate facilities management business in Canada to Brookfield Global Integrated Solutions
SNC-Lavalin finalizes sale of its real estate facilities management business in Canada to Brookfield Global Integrated Solutions January 6, 2017 SNC-Lavalin (TSX: SNC) is pleased to announce that on December 30, 2016, it reached financial close on the sale of its Real Estate Facilities Management business in Canada to Brookfield Global Integrated Solutions. The agreement […]
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SNC-Lavalin awarded five-year agreement for maintenance and sustainment projects in Alberta
SNC-Lavalin awarded five-year agreement for maintenance and sustainment projects in Alberta December 21, 2016 SNC-Lavalin (TSX: SNC) is pleased to announce that its subsidiary, Kentz Canada Ltd., through a joint venture with ClearStream was awarded a five-year agreement with a prominent integrated oil company to provide engineering and procurement services for maintenance and sustainment projects […]
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Benita M. Warmbold named to SNC-Lavalin’s Board of Directors
Benita M. Warmbold named to SNC-Lavalin’s Board of Directors SNC-Lavalin (TSX:SNC) is pleased to announce the appointment of Benita M. Warmbold to its Board of Directors, effective immediately. Ms. Warmbold brings more than 30 years of finance experience. She is Senior Managing Director and Chief Financial Officer at Canada Pension Plan Investment Board (CPPIB), the […]
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SNC-Lavalin awarded USD $100M midstream oil and gas project in the United States
SNC-Lavalin awarded USD $100M midstream oil and gas project in the United States December 6, 2016 SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a 10-year Build-Own-Operate (BOO) oil and gas service contract for the engineering, procurement, construction (EPC) and operations of multiple gas compression and dehydration facilities in the Permian […]
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Chantal Sorel appointed to the Board of the Canadian Council of Public-Private Partnerships
Chantal Sorel appointed to the Board of the Canadian Council of Public-Private Partnerships SNC-Lavalin (TSX: SNC) is pleased to announce that on November 15, Chantal Sorel, Managing Director, Capital, was named to the board of the Canadian Council of Public-Private Partnerships (CCPPP) at their annual general meeting in Toronto. Based in Montreal, and reporting to […]
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Catherine J. Hughes named to SNC-Lavalin’s Board of Directors
Catherine J. Hughes named to SNC-Lavalin’s Board of Directors November 3, 2016 SNC-Lavalin (TSX:SNC) is pleased to announce the appointment of Catherine J. Hughes to its Board of Directors, effective immediately. Ms. Hughes brings more than 25 years of experience in the oil and gas industry. She served as Executive Vice-President International at Nexen […]
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SNC-Lavalin announces its third quarter results for 2016, with an adjusted EPS from E&C of $0.16 and a 16% decrease in SG&A expenses
SNC-Lavalin announces its third quarter results for 2016, with an adjusted EPS from E&C of $0.16 and a 16% decrease in SG&A expenses November 3, 2016 Reported Q3 2016 IFRS net income of $43.3 million, or $0.29 per diluted share. Q3 2016 adjusted net income from E&C(1) of $24.4 million, or $0.16 per diluted share. […]
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SNC-Lavalin to hold third quarter 2016 earnings conference call and webcast
SNC-Lavalin to hold third quarter 2016 earnings conference call and webcast October 13, 2016 SNC-Lavalin Group Inc. (TSX: SNC) will announce its third quarter results on Thursday, November 3, 2016. A conference call will be held on the same day with the financial community at 3:00 p.m. EDT. Participants will be Neil Bruce, […]
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Bruce Power and SNC-Lavalin agreement to create jobs and boost Ontario’s economy
Bruce Power and SNC-Lavalin agreement to create jobs and boost Ontario’s economy October 6, 2016 A framework agreement of up to $400 million has been signed between two Ontario-based nuclear organizations that will create jobs and bring major long-term economic benefits to the province as Bruce Power advances its multi-year investment program. The agreement names […]
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SNC-Lavalin awarded two-year contract extension by the Government of Canada
SNC-Lavalin awarded two-year contract extension by the Government of Canada October 4, 2016 SNC-Lavalin (TSX: SNC) announced today it has been awarded a two-year extension to its existing contract, valued up to $180 million, by the Government of Canada to provide In-Service-Support (ISS) to the Royal Canadian Navy’s minor warships and auxiliary vessels. The contract […]
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SNC-Lavalin updates outlook for full year 2016 results
SNC-Lavalin updates outlook for full year 2016 results September 29, 2016 SNC-Lavalin Group Inc. (TSX:SNC) announces that it is updating its outlook for Fiscal 2016. Following its most recent evaluation and analysis of its projects portfolio, the Company had just established, and expects to be recording in the third quarter, unfavorable cost and revenue reforecasts […]
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SNC-Lavalin signs an agreement in principle for a Joint Venture with China National Nuclear Corporation & Shanghai Electric Company
SNC-Lavalin signs an agreement in principle for a Joint Venture with China National Nuclear Corporation & Shanghai Electric Company September 22, 2016 Joint venture company would develop, market and build the Advanced Fuel CANDU Reactor (AFCRTM) Benefits to Canada include: high quality jobs, growth, investment and a more dynamic domestic nuclear sector Innovations developed in […]
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SNC-Lavalin joins 30% Club Canada, strenghens its commitment to gender diversity
SNC-Lavalin joins 30% Club Canada, strenghens its commitment to gender diversity September 21, 2016 First 30% Club Canada event in Quebec encourages companies to achieve better gender balance at board level, as well at senior management levels SNC-Lavalin is pleased to announce that it has joined the 30% Club Canada, an organization that encourages and […]
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SNC-Lavalin reaches agreement with Commissioner of Canada Elections
SNC-Lavalin reaches agreement with Commissioner of Canada Elections September 8, 2016 The agreement pertains to contributions made to federal political entities between 2004 and 2011 The Commissioner emphasizes the level of cooperation offered by SNC-Lavalin The Commissioner recognizes SNC-Lavalin’s commitment to ethics and compliance SNC-Lavalin (TSX: SNC) announced today that it has reached a compliance […]
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SNC-Lavalin announces solid earnings in Q2 2016, with a net income of $88.5 million
SNC-Lavalin announces solid earnings in Q2 2016, with a net income of $88.5 million August 4, 2016 Reported Q2 2016 IFRS net income of $88.5 million, or $0.59 per diluted share. Q2 2016 adjusted net income from E&C(1) of $71.4 million, or $0.48 per diluted share. Revenue backlog of $12.5 billion as at June 30, […]
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SNC-Lavalin second quarter 2016 results conference call schedule for August 4, 2016
SNC-Lavalin second quarter 2016 results conference call schedule for August 4, 2016 July 19, 2016 SNC-Lavalin Group Inc. (TSX: SNC) will hold its second quarter results conference call with the financial community on Thursday, August 4, 2016, at 3:00 p.m. EDT. Participants will be Neil Bruce, President and Chief Executive Officer and Sylvain Girard, Executive […]
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Christian Brown appointed as Corporate Development Officer; Martin Adler succeeds him as President, Oil & Gas
Christian Brown appointed as Corporate Development Officer; Martin Adler succeeds him as President, Oil & Gas July 13, 2016 SNC-Lavalin (TSX: SNC) is pleased to announce that Christian Brown has been appointed to the newly created position of Corporate Development Officer, and that Martin Adler will join SNC-Lavalin as President, Oil & Gas. Both positions […]
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SNC-Lavalin awarded contracts on both Potash Ridge’s Valleyfield and Blawn Mountain Projects
SNC-Lavalin awarded contracts on both Potash Ridge’s Valleyfield and Blawn Mountain Projects July 5, 2016 SNC-Lavalin (TSX: SNC) is pleased to announce that it has recently been awarded two separate contracts by Potash Ridge Corporation (TSX: PRK), a near term producer of premium fertilizer in North America. The first contract is for the first phase […]
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SNC-Lavalin reaches an agreement to sell its real estate facilities management business in Canada for $45 million to Brookfield Global Integrated Solutions
SNC-Lavalin reaches an agreement to sell its real estate facilities management business in Canada for $45 million to Brookfield Global Integrated Solutions June 30, 2016 SNC-Lavalin (TSX: SNC) is pleased to announce that it has reached an agreement to sell its non-core Real Estate Facilities Management business in Canada to Brookfield Global Integrated Solutions (“Brookfield […]
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SNC-Lavalin joint venture awarded two nuclear services contracts
SNC-Lavalin joint venture awarded two nuclear services contracts June 27, 2016 SNC-Lavalin (TSX: SNC) is pleased to announce that its joint venture (JV) with Aecon Group has been awarded two multimillion-dollar contracts by Ontario Power Generation (OPG) for nuclear services at the Darlington Nuclear Generating Station in Ontario, Canada. The first contract, valued at $265 […]
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SNC-Lavalin Renews its Normal Course Issuer Bid
SNC-Lavalin Renews its Normal Course Issuer Bid Montreal June 2, 2016 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 4, 2016. In the notice, SNC-Lavalin Group Inc. (“the Company”) states that a […]
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Agreement concluded between engineers and ex-engineers of SNC-Lavalin and the Syndic’s Office of the Ordre des ingénieurs du Québec
Agreement concluded between engineers and ex-engineers of SNC-Lavalin and the Syndic’s Office of the Ordre des ingénieurs du Québec May 26, 2016 After a process to which SNC-Lavalin (TSX: SNC) has participated and collaborated, the Ordre des ingénieurs du Québec (OIQ) announced today that a settlement agreement was concluded with a group of 107 engineers […]
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SNC-Lavalin and CGI sign IT outsourcing agreement
May 11, 2016 SNC-Lavalin and CGI sign IT outsourcing agreement Expected to yield 20% average annual savings in IT operating costs SNC-Lavalin (TSX:SNC) and CGI (TSX: GIB.A) (NYSE: GIB) are pleased to jointly announce a twelve-year Information Technology (IT) outsourcing agreement valued at $500 million. SNC-Lavalin will outsource the majority of its technology management and […]
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SNC-Lavalin announces its participation in the Quebec government’s voluntary reimbursement program
SNC-Lavalin announces its participation in the Quebec government’s voluntary reimbursement program May 10, 2016 SNC-Lavalin (TSX: SNC) announces today, through a Notice of intention filed with the Director of the Program, its participation in the Voluntary Reimbursement Program which was put into force by the Government of Quebec on November 2, 2015. “As we announced […]
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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 SNC-Lavalin Group Inc. (TSX: SNC) is pleased to announce that the nominees listed in the management proxy circular dated March 14, 2016 were elected as directors of SNC-Lavalin Group Inc. The detailed results of the vote for the election of directors held at […]
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SNC-Lavalin reports continued earnings improvement in Q1 2016 and record order backlog of $13.4 billion underpins fiscal year outlook
SNC-Lavalin reports continued earnings improvement in Q1 2016 and record order backlog of $13.4 billion underpins fiscal year outlook May 5, 2016 Reported Q1 2016 IFRS net income of $122.1 million, or $0.81 per diluted share. IFRS net income included a net gain on Capital investment disposals of $51.1 million, or $0.34 per diluted share. […]
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SNC-Lavalin to host annual meeting in Montreal and announce first quarter results on May 5, 2016
April 18, 2016 SNC-Lavalin Group Inc. (TSX: SNC) will host its Annual Shareholders’ Meeting in Montreal and announce its first quarter results on May 5, 2016. Annual Meeting SNC-Lavalin’s Annual Shareholders’ Meeting will be held at 11:00 a.m. EDT (Eastern Daylight Time) on Thursday, May 5, 2016, at the Palais des congrès, 1001 Place Jean-Paul-Riopelle, […]
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SNC-Lavalin awarded contract by University Of Alberta for SLOWPOKE Research Reactor decommissioning
SNC-Lavalin awarded contract by University Of Alberta for SLOWPOKE Research Reactor decommissioning April 6, 2016 SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a multimillion dollar contract by the University of Alberta for the decommissioning of its Safe Low-Power Kritical Experiment (SLOWPOKE®) research reactor. SNC-Lavalin will perform and manage the decommissioning […]
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SNC-Lavalin appoints Sylvain Girard as Chief Financial Officer
April 5, 2016 SNC-Lavalin appoints Sylvain Girard as Chief Financial Officer SNC-Lavalin (TSX:SNC) is pleased to announce that, effective today, Sylvain Girard has been appointed as Executive Vice-President and Chief Financial Officer, succeeding Alain-Pierre Raynaud who is leaving the company to pursue other opportunities. Sylvain Girard joined SNC-Lavalin in August 2014 and has been […]
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MHIG files $330 million lawsuit against the MUHC and Government of Quebec
April 1, 2016 MHIG files $330 million lawsuit against the MUHC and Government of Quebec MHIG is seeking compensation for additional costs incurred during the design and construction of the MUHC Glen site, as well as for costs related to MUHC asset maintenance and management. The additional costs incurred by MHIG stem from the […]
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SNC-Lavalin delivers good financial performance in fourth quarter 2015 and increases quarterly dividend
SNC-Lavalin delivers good financial performance in fourth quarter 2015 and increases quarterly dividend Reported Q4 2015 IFRS net income of $49.2 million, or $0.33 per diluted share. “STEP Change” program successfully completed and should reduce expenses by twice the cost of implementation. Q4 2015 Adjusted net income from E&C(1) of $66.1 million, or $0.44 per […]
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SNC-Lavalin fourth quarter 2015 results conference call scheduled for March 3, 2016
SNC-Lavalin fourth quarter 2015 results conference call scheduled for March 3, 2016 SNC-Lavalin Group Inc. (TSX: SNC) will hold its fourth quarter results conference call with the financial community on Thursday, March 3, 2016, at 3:00 p.m. EST (Eastern Standard Time). Participants will be Neil Bruce, President and Chief Executive Officer and Alain-Pierre Raynaud, Executive […]
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Learn how mining and metallurgy companies are driving productivity in today’s market | A point of view from Mining & Metallurgy’s Sustaining Capital & Consulting Services
Learn how mining and metallurgy companies are driving productivity in today’s market | A point of view from Mining & Metallurgy’s Sustaining Capital & Consulting Services Adopting a Value Mindset to Drive Productivity in Mining and Metallurgy As mining and metallurgy companies focus on driving productivity and overall returns out of existing assets, rapidity, adaptability […]
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SNC-Lavalin awarded engineering contract for operations support services by Emirates Global Aluminium
SNC-Lavalin awarded engineering contract for operations support services by Emirates Global Aluminium SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded an engineering services contract by Emirates Global Aluminium (EGA) to provide operations support services to EGA’s two aluminium smelters in the United Arab Emirates – namely Emirates Aluminium (EMAL) and Dubai […]
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SNC-Lavalin joint venture awarded $2.75 billion contract for execution phase of Darlington nuclear refurbishment project by Ontario Power Generation
SNC-Lavalin joint venture awarded $2.75 billion contract for execution phase of Darlington nuclear refurbishment project by Ontario Power Generation SNC-Lavalin (TSX:SNC) is proud to announce that its 50/50 joint venture (JV) with Aecon Group has been awarded a $2.75 billion contract to carry out the execution phase of the Darlington Re-tube and Feeder Replacement (RFR) […]
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SNC-Lavalin signs an administrative agreement under the Government of Canada’s new Integrity Regime
SNC-Lavalin signs an administrative agreement under the Government of Canada’s new Integrity Regime SNC-Lavalin will continue to be able to bid on and win procurement work with the Government of Canada SNC-Lavalin has demonstrated to Public Services and Procurement Canada the breadth and depth of the company’s embedded ethics and compliance program and culture SNC-Lavalin […]
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SNC-Lavalin joins United Nations Global Compact
SNC-Lavalin joins United Nations Global Compact SNC-Lavalin (TSX: SNC) announced today that it has joined the United Nations Global Compact (UNGC), the largest corporate social initiative in the world with more than 9,000 business and non-business participants in more than 130 countries. In addition to setting out a single global standard that transcends national, sectoral […]
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SNC-Lavalin awarded management project by Infrastructure Ontario
SNC-Lavalin awarded management project by Infrastructure Ontario SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a project by Infrastructure Ontario for the modernization of Ontario Disability Support Program (ODSP) offices. SNC-Lavalin’s Operations & Maintenance business unit will be responsible for the management of all project consultants, specialists and general contractors. The […]
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SNC-Lavalin reiterates company’s progress accomplished in ethics and compliance since 2012
SNC-Lavalin reiterates company’s progress accomplished in ethics and compliance since 2012 SNC-Lavalin welcomes the publication of the Commission of inquiry on the construction industry report (“the Commission”) Following today’s publication of the Commission’s report, SNC-Lavalin (TSX: SNC) welcomes the recommendations contained herein. As announced in February 2014, SNC-Lavalin underscores its commitment to working with the […]
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SNC-Lavalin announces internal realignment to reinforce its leading position in rail & transit
November 16, 2015 SNC-Lavalin announces internal realignment to reinforce its leading position in rail & transit SNC-Lavalin (TSX: SNC) is pleased to announce that it has realigned its business processes, brands and market strategy to offer a larger portfolio of rail and transit expertise and provide an end-to-end client service offering. This strategic move unites […]
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Steven Newman and Jean Raby named to SNC-Lavalin’s Board of Directors
Steven Newman and Jean Raby named to SNC-Lavalin’s Board of Directors November 5, 2015 SNC-Lavalin (TSX: SNC) is pleased to announce the appointments of Steven Newman and Jean Raby to its Board of Directors, effective immediately. Mr. Newman brings more than 25 years of experience in the energy industry. From 2010 to 2015, he was […]
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SNC-Lavalin announces its third quarter results for 2015
SNC-Lavalin announces its third quarter results for 2015 November 5, 2015 2015 Third Quarter Financial Highlights Reported IFRS net income of $224.2 million, or $1.49 per diluted share; Adjusted net income from E&C of $70.6 million, or $0.47 per diluted share; Net gain on an ICI disposal of $145.7 million, or $0.96 per diluted share; […]
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SNC-Lavalin Wins National Gold awards in Effective Procurement and Project Financing Categories
SNC-Lavalin Wins National Gold awards in Effective Procurement and Project Financing Categories November 4, 2015 SNC-Lavalin (TSX: SNC) was awarded two Gold Awards at the 2015 Canadian Council for Public-Private Partnerships’ (CCPPP) National Awards Gala in Toronto. The first award recognizes the company’s excellence and innovation in the project financing area for the Eglinton Crosstown […]
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SNC-Lavalin third quarter 2015 results conference call scheduled for November 5, 2015
SNC-Lavalin third quarter 2015 results conference call scheduled for November 5, 2015 SNC-Lavalin Group Inc. (TSX: SNC) will hold its third quarter results conference call with the financial community on Thursday, November 5, 2015, at 3:00 p.m. Eastern Standard Time. Participants will be Neil Bruce, President and Chief Executive Officer and Alain-Pierre Raynaud, Executive Vice-President […]
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