Profile: SNC-Lavalin Group Inc (SNCAF.PK)

SNCAF.PK on OTC Markets Group

42.93USD
17 Apr 2014
Price Change (% chg)

$0.11 (+0.26%)
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$42.82
Open
$42.93
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$42.93
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Volume
200
Avg. Vol
2,722
52-wk High
$45.43
52-wk Low
$37.65

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SNC-Lavalin Group Inc. (SNC-Lavalin), incorporated on May 18, 1967, is an international engineering and construction company. The Company operates in four categories of activity: Services, Packages, Operations & Maintenance (O&M), and Infrastructure Concession investments (ICI). SNC-Lavalin provides engineering services, feasibility studies, planning, detailed design, contractor evaluation and selection, project and construction management, and commissioning. Packages contracts that include engineering services, providing materials and equipment, and construction activities are referred to as engineering, procurement and construction (EPC) contracts. The Company provides operations, maintenance and logistics solutions for buildings, power plants, water supply and treatment systems, desalination plants, postal services, broadcasting facilities, highways, bridges, light rail transit systems, airports, ships, and camps for construction sites and the military. The Company’s ICI are typically infrastructure for public services, such as airports, bridges, cultural and public service buildings, power, mass transit systems, roads and water. In September 2011, SNC-Lavalin completed the acquisition of Macquarie Essential Assets Partnership’s (MEAP) 23.08% ownership interest in AltaLink Holdings, L.P. (AltaLink). In October 2011, the Company acquired Interfleet Technology. In 2011, SNC-Lavalin completed business acquisitions, which included Arcturus Realty Corporation, Groupe Stavibel, MDH Engineered Solutions, Aqua Data, Harder Associates Engineering Consulting. In June 2012, the Company acquired DBA Engineering. In July 2012, SNC-Lavalin Fayez Engineering (SLFE) acquired the industrial division of Zuhair Fayez Partnership.

Services and packages Activities

Infrastructure & Environment includes a range of infrastructure projects for the public and private sectors, including airports, buildings, health and care, educational and recreational facilities, seaports, marine and ferry terminals, flood control systems, urban transit systems, railways, roads and bridges, and water and wastewater treatment and distribution facilities. It also includes social and environmental impact assessments and studies, community engagement, site assessment, remediation and reclamation, ecological and human health risk assessments, waste management, water resources planning, development and supply, treatment and sanitation, marine and coastal management, geoenvironmental services, climate change, air quality and acoustics, environmental management, geographic information systems, and agriculture and rural development. During the year ended December 31, 2011, the Company had revenue from projects, such as Calgary’s Southeast Stoney Trail Ring Road, Calgary West Light Rail Transit (LRT), McGill University Health Centre (MUH C), New District Cooling Plants in Riyadh and New District Cooling Plants in Dhahran.

Hydrocarbons and Chemicals includes projects in the areas of bitumen production, heavy or conventional oil production, onshore and offshore oil and gas, upgrading and refining, petrochemicals, chemicals, biofuels and green chemicals, gas processing, liquefied natural gas plants and re-gasification terminals, coal gasification, carbon capture, transportation and storage, pipelines, terminals and pump stations. During 2011, the Company had revenue from projects, such as Baytown Refining and Chemical Plant, Ecopetrol Projects, North Atlantic Refinery Debottleneck Project, Rhourde Nouss and Oscar II. Mining & Metallurgy includes a full range of activities for all mineral and metal recovery processes, including mine infrastructure development, mineral processing, smelting, refining, mine closure and reclamation, mine and tailings management, and fertilizers. During 2011, the Company had revenue from projects, such as Agrium, Ambatovy Nickel Project, BHP Billiton Jansen Project, Emirates Aluminum Smelter Complex Phase II and Ferro Carajas S11D. Power includes projects in hydro, thermal and nuclear power generation, energy from waste, green energy solutions, and transmission and distribution. During 2011, the Company had revenue from projects, such as 335 MW Waneta Expansion Project, Matala Dam Rehabilitation Project, Muskrat Falls Hydroelectric Development and Southcentral Power Project. Other Industries combines projects in several industry sectors, namely agrifood, pharmaceuticals and biotechnology, sulphuric acid as well as projects related to other industrial facilities.

During 2011, the Services bookings projects included BHP Billiton Jansen Project, Ecopetrol Projects, El Halassa, Mea and Daoui Wash Plants Projects, Emirates Aluminium Smelter Complex Phase II, Fenix Power Plant and Kharyaga. During 2011, Packages bookings included Agrium, Canadian Natural Resources Ltd (CNRL) Froth Treatment Plant, Edmonton North Link, Matala Dam Rehabilitation Project and Restigouche Hospital Centre for Psychiatric Care.

O&M

O&M activities include project, property and facility management, Industrial, transportation and defense and logistics. Project, property and facility management includes all aspects of building operations and management, realty management, project delivery and commissioning, energy management and sustainability initiatives, and program management. Industrial oversee the O&M of assets, such as turbines, steam generators, boilers, water supply and treatment systems, electrical systems, mechanical systems and manufacturing installations, from start-up mobilization to steady-state operation. Transportation includes operations, maintenance and rehabilitation management for infrastructure assets, including airports, public transit systems, highways, bridges and tunnels. Defense and logistics includes support to Canada’s Navy, servicing many different types of vessels, from research and defense boats to tugs and many other classes of ships, and also includes support to Canada’s Armed Forces, as well as mining, metallurgy, petrochemical, and oil and gas operations by building and maintaining temporary camps and living facilities around the world.

As of December 31, 2011, the Company managed more than 8,600 facilities that included buildings, workforce lodges, Canada’s only air-rail link-the Canada Line, bridges, power plants, ships, highways and airports, spread across 12.6 million square meters of real estate and 250,000 infrastructure sites, making SNC-Lavalin one of the facility operations and management providers in Canada. During 2011, contract bookings included service operating concession contracts for four new airports in France, increasing the Company’s network to 12 airports in France and French territories that covers airport landing strip operations, infrastructure and site maintenance, as well as commercial development for the airports.

Infrastructure Concession investments (ICI)

The ICI segment includes SNC-Lavalin’s ownership interest in investments as at December 31, 2011, which include 407 International Inc. (Highway 407), AltaLink Holdings, L.P. (AltaLink), Ambatovy Nickel Project (Ambatovy), Astoria Project Partners LLC (Astoria), Astoria Project Partners II LLC (Astoria II), Chinook Roads Partnership (Chinook), Groupe immobilier sante McGill (MIHG) and InTransit BC Limited Partnership (InTransit BC). In April 2011, Societe d’Exploitation de l’Aeroport de Mayotte S.A.S., a wholly owned subsidiary of the Company, entered into an agreement with the French government to upgrade the infrastructure and build a new terminal building for the Mayotte airport, on a French island located in the Indian Ocean.

Company Address

SNC-Lavalin Group Inc

455 Rene-Levesque Blvd West
MONTREAL   QC   H2Z 1Z3
P: +1514.3931000
F: +1514.8660795

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