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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 Jan 25, 2021 10:53am
207 Views
Post# 32375026

Buyback and dividends

Buyback and dividends Soon.

Devin Dodge

Okay. Okay. So maybe – look, when if you guys continue on your continued profitability trend from the last couple of quarters and we have leverage getting down kind of maybe to the lower end of your targeted range by the second half of 2020. Do you think you’d be able to maybe reengage on this small-scale M&A or maybe even share buybacks in the back half of the year?

Ian Edwards

Thanks for the question. So I think, first of all, we don’t want to get ahead of ourselves. I mean, the main drive of the company and what we’re trying to achieve right now is improved performance work our way through the LSTK backlog support our SNCL Engineering Services business and all of that is to get to that point, of course. We intend through – with Jeff on board now. Jeff is going to look at the capital allocation strategy such that we can communicate that at a point in time. But certainly right now the main focus is on continued performance and continued kind of generation of cash and continued improvement.




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