Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s): SNCAF

Industrials Conglomerates

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.

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Atkinsrealis Group Inc > Bastien: might be the better one to own over the next 12 m

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Post by FabulousFabQc01on Mar 06, 2023 11:24am

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Post# 35321377

Bastien: might be the better one to own over the next 12 m

SNC-Lavalin will likely pique investor interest once the lump sum turnkey projects are fully completed,

 Frederic Bastien and Bryan Fast of Raymond James says in a note. They say LSTK Projects accounted for much of the negative variance to the bottom-line forecast, with a loss of C$150M that far exceeded Raymond James' target for a loss of C$55M and the consensus expectations of a loss of C$59M. The analysts say SNC-Lavalin has disappointed on this front, and that it "may not be painted with the same high-quality brush as its Canadian peers for some time, but it might just be the better one to own over the next 12 months." (adriano.marchese@wsj.com) (END) Dow Jones Newswires March 06, 2023 10:16 ET (15:16 GMT) Copyright (c) 2023 Dow Jones & Company, Inc. 030623 15:16 -- GMT