RY 172.7 -0.1792% SHOP 152.38 -3.7762% TD 74.49 -0.4144% ENB 58.66 0.2906% BN 80.21 0.2124% TRI 235.76 -0.7034% CNQ 42.27 -1.3305% CP 102.81 -2.4851% CNR 145.02 -0.9426% BMO 139.15 0.5855% BNS 77.045 -0.149% CSU 4497.2998 0.6756% CM 92.23 -0.335% MFC 43.28 0.8858% ATD 79.0 -1.1882% NGT 53.35 -1.8038% TRP 65.26 0.215% SU 49.61 -1.411% WCN 251.65 -0.2181% L 191.14 0.1205%
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Stantec (TSX:STN) Eyes 12-15% Revenue Growth, 12-16% EPS growth in FY24
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Highlights
Stantec Inc (TSX:STN) is a firm specialising in sustainable engineering, architecture, and environmental consulting. It operates across three regions: Canada, the United States, and globally.
In Q2 2024, the company achieved a 15.4% year-over-year increase in gross revenue, largely due to improved contributions from all business units across the reportable segments. The project margin rose to CAD 811.7 million, reflecting a 17.0% increase compared to CAD 694 million in Q2 2023, driven by net revenue growth and effective project execution.
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