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Snc-Lavalin Group Inc (SNC.TO)

SNC.TO on Toronto Stock Exchange

55.96CAD
22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

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
Wednesday, 22 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

SNC-Lavalin acquires Data Transfer Solutions for USD $45 mln
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - SNC-Lavalin Group Inc ::SNC-LAVALIN acquires Data Transfer Solutions Inc..Deal for ‍USD $45 mln​.  Full Article

SNC-Lavalin awarded two-year contract extension by the government of Canada
Tuesday, 4 Oct 2016 

SNC-Lavalin : Lavalin awarded two-year contract extension by the government of Canada .Lavalin Group Inc - contract valued up to $180 million to provide in-service-support to Royal Canadian Navy's minor warships and auxiliary vessels.  Full Article

BRIEF-SNC-Lavalin signs master service agreement with Chevron for systems completion support

* SNC-Lavalin signs master service agreement with Chevron for systems completion support