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Snc-Lavalin Group Inc (SNCAF.PK)

SNCAF.PK on OTC Markets Group

39.34USD
27 Mar 2017
Change (% chg)

$0.69 (+1.79%)
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$38.65
Open
$39.34
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Volume
300
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$44.45
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Latest Key Developments (Source: Significant Developments)

SNC-Lavalin's unit awarded a 5-year commissioning support services framework agreement by Petroleum Development Oman
Tuesday, 7 Mar 2017 08:00am EST 

SNC-Lavalin Group Inc : SNC-Lavalin - unit Kentz Overseas Company WLL awarded a 5-year commissioning support services framework agreement by Petroleum Development Oman . SNC-Lavalin - framework agreement extends from 2017 to 2022 .SNC-Lavalin - under deal, co to provide systems completions, commissioning, start-up service activities on portfolio of oil and gas megaprojects in Oman.  Full Article

Snc-Lavalin Group reports Q4 earnings per share C $0.01
Thursday, 2 Mar 2017 07:30am EST 

Snc-lavalin Group Inc: Q4 revenue c$2.21 billion versus i/b/e/s view c$2.4 billion . 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 . Q4 earnings per share c$0.01 . Q4 earnings per share view c$0.47 -- Thomson Reuters I/B/E/S . For 2017, adjusted diluted eps from e&c in range of $1.70 to $2.00 . Revenue backlog totaled $10.7 billion at end of december 2016 . "We anticipate continuing market challenges in 2017 in certain of company's sectors" . Expect increased segment ebit margins for all segments in 2017, compared to 2016, except for mining & metallurgy .Expect increased segment ebit margins for all segments in 2017, compared to 2016, except for mining & metallurgy.  Full Article

Snc-Lavalin sells its ongoing activities in France to Ciclad and Impact Holding
Friday, 30 Dec 2016 07:30am EST 

Snc-lavalin Group Inc : Snc-Lavalin Group Inc - agreement does not include Snc-Lavalin's TC dome S.A.S. Capital Investment . Sale should positively impact overall EBIT margin of company's infrastructure sector. . Snc-Lavalin Group Inc - to sell its ongoing activities in France and in Monaco to Ciclad and Impact Holding for a nominal amount .Snc-Lavalin sells its ongoing activities in France to Ciclad and Impact Holding.  Full Article

Snc-Lavalin awarded EPC contract by Codelco Division Norte for the construction of two sulphuric acid plants
Tuesday, 22 Nov 2016 08:30am EST 

Snc-lavalin Group Inc : Snc-Lavalin Group Inc says construction of two sulphuric acid plants at Chuquicamata copper smelter complex is expected to begin in early 2017 . New sulphuric acid plants will replace those currently in operation at facility .Snc-Lavalin awarded EPC contract by Codelco Division Norte for the construction of two sulphuric acid plants.  Full Article

SNC-Lavalin awarded two-year contract extension by the government of Canada
Tuesday, 4 Oct 2016 08:00am EDT 

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

SNC-Lavalin updates outlook for full year 2016 results
Thursday, 29 Sep 2016 07:30am EDT 

SNC-Lavalin Group Inc: Lavalin updates outlook for full year 2016 results . Lavalin - just established, and expects to be recording in q3, unfavorable cost and revenue reforecasts on two oil & gas projects in middle east . Lavalin group inc - discussions are ongoing to attempt to resolve commercial issues in middle east contracts . Lavalin Group Inc - outlook for other segments remains largely unchanged with infrastructure segment trending to be slightly better than expected . Lavalin Group Inc - updating its 2016 outlook from an adjusted earnings per share from e&c of $1.50 to $1.70 to an adjusted earnings per share from e&c of $1.30 to $1.60. . Lavalin Group Inc - Q4 is expected to return to a more normal run rate .Lavalin Group Inc - continues to target an annualized adjusted e&c EBITDA margin of 7% in 2017.  Full Article

SNC-Lavalin signs an agreement in principle for a joint venture with China National Nuclear Corporation & Shanghai Electric Company
Thursday, 22 Sep 2016 12:04pm EDT 

Snc : Lavalin signs an agreement in principle for a joint venture with China National Nuclear Corporation & Shanghai Electric Company . Lavalin Group Inc - new company is expected to be registered in mid-2017 . Lavalin Group Inc - new co would be followed by formation of two design centres - one in Canada and another in China .Lavalin group inc says joint venture company would develop, market and build advanced fuel candu reactor.  Full Article

SNC-Lavalin awarded construction services contract
Wednesday, 24 Aug 2016 06:00pm EDT 

SNC-Lavalin Group Inc : Awarded construction services contract for the Balama Graphite Project in Mozambique . Contract is valued at c$21.7 million .Lavalin-Balama project involves Greenfield Graphite Mine, of which processing plant to have production rate of over 350,000 tons per annum.  Full Article

SNC-Lavalin Group awarded 5-year framework agreement by Oryx GTL in Qatar
Monday, 18 Jul 2016 09:00am EDT 

Snc-lavalin Group Inc : SNC-Lavalin awarded five-year engineering consultancy framework agreement by Oryx GTL in Qatar . Snc-Lavalin awarded five-year engineering consultancy framework agreement by Oryx GTL in Qatar .Lavalin Group Inc says agreement sets out predefined rates for a number of work elements that will be required at facility.  Full Article

SNC-Lavalin says to sell real estate facilities management business in Canada
Thursday, 30 Jun 2016 08:00am EDT 

SNC-Lavalin Group Inc : Says community mailboxes and P3s are not included in agreement . Says sale is a result of a review carried out, which identified these activities as non-core to business strategy . Says "aligning our operations & maintenance business in canada with SNC-Lavalin's core sectors" . Says transfer of employment to Brookfield GIS will occur during a transition period .SNC-Lavalin reaches an agreement to sell its real estate facilities management business in Canada for $45 million to brookfield global integrated solutions.  Full Article

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