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SNC-Lavalin Group Inc (SNC.TO)

SNC.TO on Toronto Stock Exchange

55.36CAD
23 May 2018
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Latest Key Developments (Source: Significant Developments)

SNC-Lavalin Awarded District Cooling Scheme Contract In Makkah, Saudi Arabia
Wednesday, 23 May 2018 

May 23 (Reuters) - SNC-Lavalin Group Inc ::SNC-LAVALIN AWARDED DISTRICT COOLING SCHEME CONTRACT IN MAKKAH, SAUDI ARABIA.SNC-LAVALIN - AWARDED EPC CONTRACT BY CENTRAL DISTRICT COOLING COMPANY FOR EXPANSION OF JABAL OMAR DEVELOPMENT COMPANY DISTRICT COOLING SCHEME IN MAKKAH.SNC-LAVALIN - JODC EXPANSION CONTRACT IS VALUED AT ABOUT C$53 MILLION.  Full Article

SNC-Lavalin Says Alstom-Led Consortium Signs Contract To Provide Driverless Light Metro System
Thursday, 12 Apr 2018 

April 12 (Reuters) - SNC-Lavalin Group Inc ::GROUPE DES PARTENAIRES POUR LA MOBILITÉ DES MONTRÉALAIS SIGNED A CONTRACT WITH CDPQ INFRA FOR AUTOMATIC & DRIVERLESS LIGHT METRO SYSTEM.THE AUTOMATIC AND DRIVERLESS LIGHT METRO SYSTEM TO BE DELIVERED IS FOR THE RÉSEAU EXPRESS MÉTROPOLITAIN PROJECT.TOTAL CONTRACT IS WORTH APPROXIMATELY EUR 1.8 BILLION.CO'S SHARE IN TOTAL CONTRACT IS ESTIMATED AT EUR 400 MILLION.  Full Article

SNC-Lavalin Awarded Engineering Services Agreement Worth Over $100 Mln
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - SNC-Lavalin Group Inc ::SNC-LAVALIN AWARDED ENGINEERING SERVICES AGREEMENT WITH A DOWNSTREAM REFINING AND PETRO-CHEMICAL COMPANY IN THE GULF COAST, USA.SNC-LAVALIN - MASTER SERVICES AGREEMENT APPROXIMATE WORTH IS IN EXCESS OF $100 MILLION (REFILES TO REMOVE EXTRANEOUS LETTER).  Full Article

SNC-Lavalin Signs Framework Agreement With Shell
Friday, 22 Dec 2017 

Dec 22 (Reuters) - SNC-Lavalin Group Inc ::SNC-LAVALIN SIGNS FRAMEWORK AGREEMENT WITH SHELL.SNC-LAVALIN GROUP - SIGNED A FRAMEWORK AGREEMENT WITH SHELL TO PROVIDE PRE-FEASIBILITY AND FEASIBILITY STUDIES FOR MODULAR OPTIONS ON SHELL'S PROJECTS.  Full Article

SNC-Lavalin To Form A Joint Venture With ABB
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Snc-Lavalin Group Inc ::SNC-LAVALIN TO FORM A JOINT VENTURE WITH ABB.SNC-LAVALIN GROUP INC - ‍ JOINT VENTURE IS EXPECTED TO HAVE A BACKLOG IN EXCESS OF $700 MILLION​.SNC-LAVALIN GROUP INC - SIGNED AN AGREEMENT TO FORM A JOINT VENTURE WITH ABB FOR DELIVERY OF SUBSTATION PROJECTS GLOBALLY AT 66 KV AC & ABOVE.SNC-LAVALIN GROUP INC - UNDER AGREEMENT, SNC-LAVALIN WILL BE MAJORITY SHAREHOLDER.  Full Article

SNC-Lavalin And Saudi Aramco Sign MoU Supporting In-Country Opportunities
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - SNC-Lavalin Group Inc ::SNC-LAVALIN AND SAUDI ARAMCO SIGN MOU SUPPORTING IN-COUNTRY OPPORTUNITIES.SNC-LAVALIN GROUP INC - MOU SUPPORTS SAUDI ARAMCO'S IN-KINGDOM TOTAL VALUE ADD PROGRAM.  Full Article

SNC-Lavalin Awarded Contract On The WestConnex M4 Project
Friday, 8 Dec 2017 

Dec 8 (Reuters) - SNC-Lavalin Group Inc ::SNC-LAVALIN AWARDED CONTRACT ON THE WESTCONNEX M4 PROJECT.SNC-LAVALIN GROUP INC - WESTCONNEX M4 PROJECT WILL COMMENCE IN DECEMBER 2017 & IS EXPECTED TO BE COMPLETED IN JULY 2018.  Full Article

SNC-LAVALIN TO SUPPLY GAS PROCESSING EQUIPMENT FOR PRODUCERS MIDSTREAM LP
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - SNC-Lavalin Group Inc ::SNC-LAVALIN AWARDED MIDSTREAM OIL AND GAS PROJECT IN THE DELAWARE BASIN OF THE UNITED STATES.SNC-LAVALIN GROUP INC - ‍HAS BEEN AWARDED FABRICATION AND SUPPLY OF MODULAR GAS PROCESSING EQUIPMENT FOR PRODUCERS MIDSTREAM LP​.SNC-LAVALIN GROUP INC - PROJECT'S ‍SCOPE INCLUDES A MODULAR 60 MILLION STANDARD CUBIC FEET/DAY (MMSCFD) CRYOGENIC GAS PLANT​.SNC-LAVALIN GROUP INC - ‍CRYOGENIC GAS PLANT FACILITY IS EXPECTED TO COMMENCE OPERATION IN Q1 OF 2018​.  Full Article

SNC-Lavalin announces private offering of $300 mln of unsecured debentures
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - SNC-Lavalin Group Inc :SNC-Lavalin announces private offering of $300 million of unsecured debentures.SNC-Lavalin Group Inc - ‍priced an offering of $300 million aggregate principal amount of 2.689% series 1 unsecured debentures due November 24, 2020​.SNC-Lavalin Group Inc - ‍intends to use net proceeds of offering to repay certain indebtedness outstanding under its existing main credit agreement​.  Full Article

SNC-Lavalin Group Inc Q3 revenue $‍2,63 Billion
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - SNC-Lavalin Group Inc :SNC-Lavalin announces its q3 2017 results, with a net income attributable to shareholders of $104 million, up from $43 million in q3 2016.Q3 earnings per share c$0.59.Q3 earnings per share view c$0.56 -- Thomson Reuters I/B/E/S.SNC-Lavalin Group Inc - ‍total revenue backlog of $11.3 billion as at september 30, 2017​.SNC-Lavalin Group Inc - ‍2017 outlook maintained: adjusted diluted eps from e&c in range of $2.00 to $2.20​.SNC-Lavalin Group Inc - ‍newly-acquired Atkins disclosed as a new segment, with revenue of $805.3 million in quarter ​.SNC-Lavalin Group Inc - qtrly revenue of $805.3 million, a segment ebit margin of 9.1% and a revenue backlog of $2.0 billion from Atkins.SNC-Lavalin Group Inc - Atkins business is currently being reported as a new segment and delivered a $73.5 million segment ebit in Q3 2017.Snc-Lavalin group inc - qtrly revenue $‍2,633 million versus $2,168 million.Q4 revenue view c$3.06 billion -- Thomson Reuters I/B/E/S.snc-lavalin-"Q4 will see greatest benefit from previously announced target cost synergies relating to Atkins of minimum of $30 million in current year‍​".  Full Article

PRESS DIGEST-Canada-May 11

May 11 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.