Delivering on our growth strategy



What we did in 2017

  • Successful acquisition of Atkins in July 2017, the largest in SNC-Lavalin’s history, adding world-class experts to our team and further diversifying our service offerings;
  • Initiatives to improve project delivery and financial performance with 42.4% increase in adjusted diluted EPS from E&C, from $1.51 in 2016 to $2.15 in 2017; 
  • Creation of SNC-Lavalin Infrastructure Partners LP to monetize our mature Capital investments; and
  • Sale-leaseback of Montreal Headquarters.



Our ongoing projects

  • Integrate Atkins’ operations;
  • Refocus our business strategies on high-growth regions and in light of expanded capabilities;
  • Adjust our brand vision;
  • Continue our progress in operational excellence;
  • Generate organic growth as shown by being shortlisted on several major projects and by winning major contracts across all sectors in Canada, the Middle East, the United States, South America, Europe and Australia;
  • Concentrate our efforts in nuclear energy, clean power and engineering design and project management to create further opportunities and exit the low profit thermal EPC Power sector;
  • Repay debt and maximize cash flow efficiency;
  • Initiatives to decrease number of lost-time incidents in 2018, compared with 2017;
  • Evaluation of potential growth through token M&A;
  • Achieve revenues synergies with Atkins, as well as increase cross-selling opportunities across all sectors;  and
  • Deliver an integrated and focused innovation and technology agenda, including a digital roadmap.



Deliver an adjusted consolidated EPS of $5 by 2020

  • General and administrative expenses efficiency and operational excellence continuous improvement;
  • Project execution improvement;
  • Driving organic growth by increasing the Company’s share in nuclear through an expanded offering, capitalizing on infrastructure investments in Canada, the United Kingdom and the United States, maximizing Atkins/SNC-Lavalin revenue synergies, and a Mining & Metallurgy recovery; and
  • Mergers and acquisitions, post Atkins integration.