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Snc-Lavalin Group Inc

SNC.TO

Latest Trade

22.30CAD

Change

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Today's Range

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52 Week Range

15.47

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34.36

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Snc-Lavalin Group Inc - Restructuring Actions In Underperforming Resources Segment Ongoing

SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN REPORTS FIRST QUARTER 2020 RESULTS.Q1 LOSS PER SHARE C$0.38.Q1 EARNINGS PER SHARE ESTIMATE C$0.25 -- REFINITIV IBES DATA.Q1 REVENUE ROSE 6.4 PERCENT TO C$1.535 BILLION.Q1 REVENUE ESTIMATE C$2.22 BILLION -- REFINITIV IBES DATA.RESTRUCTURING ACTIONS IN UNDERPERFORMING RESOURCES SEGMENT ONGOING.QUARTER-END BACKLOG $11.0 BILLION.TOOK ACTION IN MARCH TO REDUCE COSTS AND MANAGE CASHFLOW.ACTIONS INCLUDE ELIMINATING DISCRETIONARY EXPENDITURES NOT REQUIRED TO SUPPORT CLIENT DELIVERY, FREEZING CAPITAL EXPENDITURES.SNC-LAVALIN GROUP - ACTIONS INCLUDE ALIGNING EMPLOYEE COST BASE IN Q2 FOR POTENTIAL REDUCTION IN REVENUES THROUGH SALARY REDUCTIONS.ACTIONS INCLUDE REDUCED WORKING HOURS AND FURLOUGHS.

Kevin Lynch Has Announced He Will Step Down As Snc-Lavalin Chairman

May 5 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::KEVIN LYNCH HAS ANNOUNCED HE WILL STEP DOWN AS SNC-LAVALIN CHAIRMAN OF THE BOARD.SNC-LAVALIN GROUP INC - KEVIN LYNCH TO STEP DOWN AS CHAIRMAN ONCE A SUCCESSOR HAS BEEN CHOSEN BY BOARD.SNC-LAVALIN GROUP INC - APPOINTMENT OF IAN L. EDWARDS AS PRESIDENT AND CEO.SNC-LAVALIN GROUP INC - PROCESS FOR CHOOSING LYNCH'S REPLACEMENT WILL BE LED BY GOVERNANCE AND ETHICS COMMITTEE OF BOARD.SNC-LAVALIN GROUP INC - BOARD OF DIRECTORS IS BEING RENEWED, WITH FOUR NEW DIRECTORS.

SNC-Lavalin Provides A Further Update On COVID-19, And Given Unprecedented Global Uncertainty, Withdraws Its 2020 Financial Outlook

March 27 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN PROVIDES A FURTHER UPDATE ON COVID-19, AND GIVEN UNPRECEDENTED GLOBAL UNCERTAINTY, WITHDRAWS ITS 2020 FINANCIAL OUTLOOK.SNC-LAVALIN GROUP INC - ALL SNC-LAVALIN'S EXECUTIVE LEADERSHIP WILL BE TAKING A 20% REDUCTION IN SALARY.SNC-LAVALIN GROUP INC - MANAGEMENT IS UNDERTAKING ACTIONS AND MEASURES TO ALIGN COST BASE OF COMPANY TO DELIVER COST SAVINGS AS WE START Q2.SNC-LAVALIN GROUP INC - BOARD MEMBERS WILL TAKE A 20% REDUCTION IN CASH COMPENSATION FOR Q2.SNC-LAVALIN GROUP INC - AT END OF Q4 OF 2019 SNC-LAVALIN HAD CASH AVAILABLE OF $1.2 BILLION AND A $2.6 BILLION REVOLVING CREDIT FACILITY.SNC-LAVALIN GROUP INC - DISCRETIONARY EXPENDITURE NOT REQUIRED TO DIRECTLY SUPPORT CLIENT DELIVERY IS BEING SIGNIFICANTLY REDUCED.SNC-LAVALIN GROUP INC - CAPITAL EXPENDITURE IS FROZEN.SNC-LAVALIN - WHERE IT IS NOT POSSIBLE FOR EMPLOYEES TO CARRY ON CLIENT WORK, REMEDIAL ACTIONS ARE BEING TAKEN, INCLUDING REDUCED HOURS, FURLOUGHS.SNC-LAVALIN GROUP INC - CLOSELY MONITORING SITUATION WITH REGARD TO LSTK INFRASTRUCTURE PROJECTS.

SNC-Lavalin Secures UK Digital Railway Transformation Role

March 25 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN SECURES UK DIGITAL RAILWAY TRANSFORMATION ROLE.SNC-LAVALIN - 6-YEAR RAILWAY SYSTEMS INTEGRATION PARTNER CONTRACT WILL SEE ATKINS AND F+G SUPPORT CROSS-INDUSTRY DELIVERY OF EAST COAST DIGITAL PROGRAM.SNC-LAVALIN GROUP INC - CONTRACT IS WITHIN SNCL ENGINEERING SERVICES.

SNC-Lavalin To Deliver Additional Containers To Fukushima Daiichi Nuclear Power Plant

March 4 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN GROUP INC - TO DELIVER ADDITIONAL CONTAINERS TO FUKUSHIMA DAIICHI NUCLEAR POWER PLANT.SNC-LAVALIN GROUP INC - ATKINS ENERGY GLOBAL SOLUTIONS WAS SELECTED BY TOKYO ELECTRIC POWER COMPANY HOLDINGS FOR NUCLEAR CONTRACT.

Snc-Lavalin Reports Q4 Loss Per Share C$1.67

Feb 28 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN REPORTS FOURTH QUARTER AND 2019 YEAR-END RESULTS.Q4 LOSS PER SHARE C$1.67.Q4 EARNINGS PER SHARE ESTIMATE C$0.42 -- REFINITIV IBES DATA.SNC-LAVALIN GROUP - CO'S BACKLOG TOTALED $15.3 BILLION AS AT DECEMBER 31, 2019, 2.5% HIGHER THAN AT THE END OF DECEMBER 2018.EXPECTS IN 2020 GROSS REVENUE FROM SNCL ENGINEERING SERVICES, EXCLUDING CAPITAL, WILL GROW BY A LOW SINGLE DIGIT PERCENTAGE.SNC-LAVALIN GROUP - SEES 2020 SEGMENT EBITDA AS A PERCENTAGE OF GROSS REVENUE, FROM SNCL ENGINEERING SERVICES, EXCLUDING. CAPITAL, OF 10%-12%.SPECIAL COMMITTEE ESTABLISHED BY BOARD IN DECEMBER 2018 HAS BEEN DISBANDED.SNC-LAVALIN GROUP - CO TOOK A RESTRUCTURING CHARGE IN FOURTH QUARTER OF 2019 OF ABOUT $72 MILLION.SNC-LAVALIN - CO CONTINUES TO ACTIVELY EXPLORE ALL OPTIONS FOR REMAINING RESOURCES BUSINESS AS IT WINDS DOWN REMAINING LSTK PROJECTS.

Snc-Lavalin's CDI JV Co Closes Deal To Decommission Massachusetts' Pilgrim Nuclear Power Station

Feb 3 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN'S CDI JOINT VENTURE COMPANY CLOSES DEAL TO DECOMMISSION MASSACHUSETTS' PILGRIM NUCLEAR POWER STATION.SNC-LAVALIN GROUP - JV CO OF CO & HOLTEC INTERNATIONAL, AWARDED SECOND COMMERCIAL CONTRACT TO DECOMMISSION PILGRIM NUCLEAR POWER STATION IN PLYMOUTH.SNC-LAVALIN GROUP INC - WILL REPORT RELATED SERVICES REVENUES UNDER SNCL ENGINEERING SERVICES.

Snc-Lavalin Awarded Five-Year Contract Extension For Its Role As Architect Engineer For Iter Buildings, Services And Infrastructure

Jan 31 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN AWARDED FIVE-YEAR CONTRACT EXTENSION FOR ITS ROLE AS ARCHITECT ENGINEER FOR ITER BUILDINGS, SERVICES AND INFRASTRUCTURE.SNC-LAVALIN GROUP - HAS BEEN AWARDED A FIVE-YEAR EXTENSION FOR ITS ROLE AS ARCHITECT ENGINEERING FOR ITER.

SNC-Lavalin Receives $34 Million In Contracts From Bruce Power To Start 2020

Jan 30 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN RECEIVES $34 MILLION IN CONTRACTS FROM BRUCE POWER TO START 2020.SNC-LAVALIN GROUP INC - CANDU ENERGY INC., HAS BEEN AWARDED THREE CONTRACTS WITH A COMBINED VALUE OF $34 MILLION FROM BRUCE POWER.

SNC-Lavalin Awarded Nuclear Contract In Romania To Assess Cernavoda Unit 1 For Continued Operation

Jan 21 (Reuters) - SNC-Lavalin Group Inc <SNC.TO>::SNC-LAVALIN AWARDED NUCLEAR CONTRACT IN ROMANIA TO ASSESS CERNAVODA UNIT 1 FOR CONTINUED OPERATION.SNC-LAVALIN GROUP - CANDU ENERGY INC WAS AWARDED $10.8 MILLION CONTRACT BY SOCIETATEA NATIONALA NUCLEARELECTRICA S.A..

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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