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Bullboard - Stock Discussion Forum SNC-Lavalin Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

SNC-Lavalin Group Inc. is a fully integrated professional services and project management company. The Company connects people, technology and data to help shape and deliver concepts and projects, while offering comprehensive solutions across the asset lifecycle. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment... see more

TSX:ATRL - Post Discussion

SNC-Lavalin Group Inc > FCF negative even excluding LSTK
View:
Post by Gabriel on Nov 10, 2023 7:32am

FCF negative even excluding LSTK

https://www.atkinsrealis.com/~/media/Files/R/Renaissance/investor-briefcase/en/2023/q3-2023-conference-call-presentation.pdf

Year to date: We are FCF negative 309m and negative even with the 180m sale.

We are also FCF negative (-19m) even excluding LSTK losses of 290m for the year.

Comment by Alexcanada on Nov 10, 2023 8:16am
Don't you like the new purple website ? The rebranding cost was huge to say the least and still many millions will be spent in Q4.  Corporate selling, general and administrative expenses need to be addressed.    
Comment by Meesha1 on Nov 10, 2023 9:16am
As was expected. Cash flow was supposed to improve in H2. Excluding LSTK, net cash from operating activities was +83mm. Federal charges + remediation + Capex + Lease payments = -34mm. So free cash flow ex LSTK was +49m in Q3. Nothing we can do about the first half, but trending in the right direction.  I need to take a closer look, but would have liked to see bigger margin improvement to ...more  
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