We Are Stantec (NYSE:STN) is something of a hidden gem in the Industrials sector. A company specializing in sustainable infrastructure and building projects, it has seen double-digit growth in revenue, earnings per share, and EBITDA over the past few years while increasing its dividend between 6% and 8% over that time. The forward P/E of 26x is lofty but should fall back to the company's historical averages if growth targets for 2025 and 2026 are met. I believe Stantec is positioned to thrive well into the ...

LOS ANGELES and EDMONTON, Alberta and NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, has been selected by the Los Angeles Department of Water & Power (LADWP) for a new five-year master services agreements (MSA) to upgrade, expand, and modernize the electrical infrastructure in greater Los Angeles. The firm will support LADWP’s Power System Reliability Program (PSRP) projects to renew aging infrastructure and assist LADWP in driving t ...

财务数据和关键指标变化 - 公司实现了创纪录的第二季度净收入,达到15亿加元,同比增长近17%,其中7%来自有机增长,9%来自收购增长 [10] - 调整后EBITDA达到2.47亿加元,同比增长14.5%,利润率为16.6% [15][16] - 调整后每股收益为1.12加元,同比增长13% [16] 各条业务线数据和关键指标变化 - 美国业务净收入增长16%,其中6%来自收购增长,9%来自有机增长,各业务线均实现了良好的有机增长 [11] - 加拿大业务净收入增长16%,其中11%来自收购增长,5%来自有机增长,水务和建筑业务实现了双位数有机增长 [12] - 全球业务净收入增长19%,其中14%来自收购增长,6%来自有机增长,建筑、水务和环境服务业务均实现了双位数有机增长 [13] - 能源与资源业务本季度略有下滑,但公司正在增加订单和框架协议,预计年底将转为有机增长 [12] 各个市场数据和关键指标变化 - 美国市场持续保持强劲增长,主要受益于基础设施投资法案、气候法案和芯片法案带来的机遇 [21][22] - 加拿大市场中期有机增长预期维持在中个位数,受益于良好的订单积累 [22] - 全球市场中期有机增长预期维持在中高个位数,主要受益于水务和建筑业务的持续旺盛需求 [22] - 英国市场社区开发业务在新政府的推动下有望在下半年恢复增长 [22] 公司战略和发展方向及行业竞争 - 公司在可持续发展领域持续保持领先地位,获得多项殊荣 [5] - 公司在水务、建筑、基础设施等领域保持行业领先地位,并持续通过创新提升竞争力,如利用人工智能技术优化管线资产管理 [6][7][9] - 公司积极通过并购扩大业务规模和市场份额,并正在与多家公司进行不同规模的并购谈判 [27][28] 管理层对经营环境和未来前景的评论 - 公司对美国市场保持乐观,认为基础设施投资法案、气候法案和芯片法案将持续为公司带来强劲增长动力 [21][22] - 公司对全球市场前景保持乐观,认为水务和建筑业务需求旺盛将支撑中高个位数的有机增长 [22] - 公司对英国市场前景持谨慎乐观态度,认为新政府的房地产开发政策将带动社区开发业务恢复增长 [22] 其他重要信息 - 公司完成了对ZETCON、Morrison Hershfield和Hydrock等公司的收购,正在积极推进整合工作 [10][22] - 公司调整了部分财务指引,包括净收入增长目标、调整后EBITDA利润率目标和调整后每股收益增长目标 [21][22][23] - 公司宣布Vito Culmone将于9月3日接任首席财务官,接替即将退休的Theresa Jang [24] 问答环节重要的提问和回答 问题1 **Sabahat Khan 提问** 询问公司未来的并购计划和管理层过渡对并购的影响 [26][27][28] **Gord Johnston 回答** 公司并购计划不会因管理层变动而有任何改变,仍将积极推进各种规模的并购机会 [27][28] 问题2 **Devin Dodge 提问** 询问美国业务订单积累的情况及其对未来增长的影响 [34][35] **Gord Johnston 回答** 公司对美国业务订单积累情况保持乐观,认为这只是时间性问题,不会对未来增长产生影响 [35] 问题3 **Yuri Lynk 提问** 询问公司二季度EBITDA利润率下降的原因及其对下半年的影响 [40][41][42][43] **Theresa Jang 回答** 二季度EBITDA利润率下降主要是由于去年同期保险赔付准备较低所致,这种波动是正常的,不会对下半年产生持续影响 [41][43]

Second Quarter 2024 Results Presentation August 8, 2024 Cautionary Statement This presentation contains non-IFRS and other financial measures and forward-looking statements, including a discussion of our business targets, expectations, and outlook. We caution readers not to place undue reliance on our forward- looking statements since a number of factors could cause actual future results to differ materially from the targets and expectations expressed. Non-IFRS and other financial measures do not have a sta ...

Stantec (STN) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.23%. A quarter ago, it was expected that this engineering firm would post earnings of $0.63 per share when it actually produced earnings of $0.67, delivering a surprise of 6.35%.Over the last four quarters, the company ha ...

Q2 2024 Highlights Record net revenue of $1.5 billion, an increase of 16.8% over Q2 2023Adjusted EBITDA1 increase of 14.5% to $247.3 million and adjusted EBITDA margin1 of 16.6%Adjusted diluted EPS1 of $1.12, up 13.1% over Q2 2023Backlog of $7.2 billion, up 13.4% since December 31, 2023 EDMONTON, Alberta and NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stantec ((TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three months ended June 30, 2024. Stantec ...

Q2 2024 Highlights Record net revenue of $1.5 billion, an increase of 16.8% over Q2 2023Adjusted EBITDA1 increase of 14.5% to $247.3 million and adjusted EBITDA margin1 of 16.6%Adjusted diluted EPS1 of $1.12, up 13.1% over Q2 2023Backlog of $7.2 billion, up 13.4% since December 31, 2023 EDMONTON, Alberta and NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three months ended June 30, 2024. Stantec ...

Stantec Opens the Market to Celebrate 30th Listing AnniversaryAugust 07, 2024 12:20 PM EDT | Source: Toronto Stock ExchangeToronto, Ontario--(Newsfile Corp. - August 7, 2024) - Gord Johnston, President and CEO, Stantec (TSX: STN) ("Stantec" or the "Company") along with its Board of Directors and executive team joined Rob Peterman, Chief Commercial Officer, Toronto Stock Exchange to celebrate the company's 30th anniversary of being listed on TSX and open the market. Cannot view this video? Visi ...

EDMONTON, Alberta, July 16, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE: STN Stantec, a global leader in sustainable design and engineering, will release its second quarter 2024 financial results after markets close on Wednesday, August 7, 2024. On Thursday, August 8, 2024, at 7:00 AM Mountain Time (9:00 AM Eastern Time), Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer, will hold a webcast and conference call to discuss the Company's perfor ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...