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Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes consultancy, engineering, design and project management services. The Nuclear segment supports clients across the entire nuclear lifecycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. The O&M segment consists of providing operations, maintenance, and asset management solutions. The Linxon segment offers engineering, procurement, management, and construction services. The LSTK Projects is comprised of the remaining LSTK construction contracts of the Company.


TSX:ATRL - Post by User

Post by Gabrielon Jul 18, 2024 4:13pm
234 Views
Post# 36139026

Net position

Net position

I strongly advocated buying SNC in the teens, twenties and thirties but am negative and therefore out now for the following reasons :

1.  Liquidated damages and associated losses on the infamous Eglinton LRT and possibly the REM have been announced by Aecon (Atkins and Aecon are partners on both) and not by Atkins so either Atkins is not disclosing them or is keeping the receivables on the books.  While most of the issues are engineering and software related, Aecon took a ~ 200m hit this Q on losses on CGL and Eglinton. How much is Atkins going to take considering it also has main issues with the Trillium LRT in Ottawa (Atkins was alone on this one).

2. Will Trump keep the spending spree ? Nothing on infrastructure in his program. We will know more soon.
https://www.forbes.com/sites/alisondurkee/2024/07/18/what-is-agenda47-what-to-know-about-trumps-policy-agenda-if-elected-as-he-speaks-at-rnc/

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