RE:RE:Civil Engineering Maeket: 12.05 Trillion Translation:
SNC Lavalin is listed as one of 8 key players. Some are smaller like Tetratech and some larger with a lot of construction like Fluor.
Fluor generates most of its revenue from construction like Aecon.
Assuming needs assessment, project planning and definition, engineering, economic and environmental and social readability, project management, engineering design and preparation of tender documents and supervision, and environmental and social management amount to 20% total, then we have 12.08 T * 20% = 2.4 T for pure engineering firms like SNC, Tetratech, Stantec, WSP,..
If SNC Lavalin gets 1% only or 24B per year, it would triple its sales.
Again, the objective, the strategic vision (the bird) and the implementation plan (the worm) have to align to an EBITDA of 1B in 3 years and a buyback of 25.5m shares. We need to drive this to 100$ per share. Am I going to see it in May ?