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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

Bullboard Posts
Comment by NiN777on Aug 01, 2019 8:34am
92 Views
Post# 29983095

RE:EBIT Engineering Services

RE:EBIT Engineering ServicesI looked in the financial statement and it still shows as an "asset under sale" as of 30 June 2019. Don't worry the analyst will ask about it during Q&A at the end. So basically the balance sheet is looking really shitty right now, with about 1B in shareholder equity, just add 3B to that and we're still above water. What concerns me is how much more liabilities and losses do they have on those contracts are we talking 1 year? 2 year? Forget about the sharebuybacks they got too much debt (5.5B between the revolver and recourse debt) to pay back and are losing money: "As of June 30, 2019, the Company had $580.6 million of cash and cash equivalents, $4.0 billion of recourse and limited recourse debt and $1.1 billion in unused capacity under its $2.6 billion committed revolving credit facility. The Company intends to use the $3.0 billion proceeds from the sale of 10.01% of the shares of Highway 407 ETR to repay outstanding debts, including a $600 million partial payment on the CDPQ Loan and the new $300 million unsecured bridge facility"
Bullboard Posts