SNC-Lavalin Group Q1 Results To Estimates
WASHINGTON (dpa-AFX) - SNC-Lavalin Group Inc. (SNC.TO) reported a first-quarter net income attributable to shareholders of C$73.05 million, compared to a net loss of C$65.96 million in the prior-year quarter.
Net income from continuing operations was C$67.74 million or C$0.39 per share, sharply higher than C$1.0 million or C$0.01 per share in the year-ago quarter. Adjusted net income was C$0.51 per share, compared to last year s C$0.52 per share.
Total revenues for the quarter edged down to C$1.82 billion from C$1.87 billion in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of C$0.37 per share on revenues of C$1.74 billion for the quarter. Analysts estimates typically exclude special items.
Agreement will Drive Economic Opportunities in Canada and Abroad
PICKERING, ON, May 13, 2021 /CNW/ - Ontario Power Generation s (OPG) Centre for Canadian Nuclear Sustainability (CCNS), Canadian Nuclear Laboratories (CNL) and SNC-Lavalin have signed a Collaboration Agreement on nuclear decommissioning.
This collaboration agreement brings together three of the biggest players in the Canadian nuclear industry to:
OPG’s Pickering Nuclear Generating Station - Canadian Nuclear Leaders Collaborate on Nuclear Decommissioning (CNW Group/Ontario Power Generation Inc.)
Canadian Nuclear Sustainability Logo (CNW Group/Ontario Power Generation Inc.)
SNC-Lavalin Logo (CNW Group/Ontario Power Generation Inc.)
Canadian Nuclear Laboratories (CNW Group/Ontario Power Generation Inc.)
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U.S. CPI in Focus Next Week
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