Delivering on our growth strategy



Reduced cost base

  • Reduced general and administrative expenses by 20.7% from $667.2 million to $529.3 million;
  • Exited non-core businesses – sold real estate facilities management and ongoing business in France and Malta airport;
  • Signed an IT outsourcing agreement;
  • Streamlined our operating structure and corporate centre to strengthen our business focus and accountability.



Operational excellence

  • Activities aimed at simplifying operating and governance structure;
  • 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 and Europe;
  • Reached an agreement in principle for a new Joint Venture with China National Nuclear Corporation and Shanghai Electric Group Company Ltd. to develop, market and build the Advanced Fuel CANDU Reactor;
  • Atkins acquisition. Growth through revenues synergies;
  • Initiatives to improve project delivery and financial performance with 12.7% increase in adjusted diluted EPS from E&C and 63.0% decrease in number of lost-time incidents in 2016, compared with 2015;
  • Strengthen our One-Company approach through increased cross-selling and further implementation of our Key Account Management Program.



Continuous improvement and increasing agility

  • Create a performance-driven culture;
  • Focus on agility, continuous improvement and efficiency in operations to create a superior client experience;
  • Implement systems improvements;
  • Simplify financial models;
  • Continue talent development, retention and engagement;
  • Attract top-tier talent for a top-tier firm.