Core Insights - Stantec has appointed Christopher Lopez and Rick Eng to its Board of Directors, effective January 1, 2025, enhancing its leadership team with extensive experience in finance, regulatory matters, and investment banking [4][8]. Group 1: Leadership Appointments - Christopher Lopez brings over 28 years of experience in the utility, power generation, and mining sectors across multiple countries, including Canada, the United States, and Australia. He has held senior leadership roles, including Chief Financial and Regulatory Officer at Hydro One Limited, and has significant expertise in mergers and acquisitions and clean energy finance [2][4]. - Rick Eng has nearly 30 years of experience in investment banking and private equity, focusing on mergers and acquisitions and capital markets. He previously served as a Managing Partner at Brookfield Asset Management, overseeing new investments and supporting portfolio companies [8][4]. Group 2: Company Overview - Stantec is recognized as a global leader in sustainable design and engineering, committed to addressing the world's greatest challenges, including climate change and infrastructure needs [3][9]. - The company emphasizes the importance of community engagement, recognizing that diverse perspectives drive innovation in critical issues such as digital transformation and future-proofing cities [6][9].

Group 1: Company Leadership - Christopher Lopez has been appointed to Stantec's Board of Directors, effective January 1, 2025, bringing over 28 years of experience in utility, power generation, and mining sectors [1][3] - Rick Eng has also been appointed to the Board, with nearly 30 years of experience in investment banking, private equity, and advisory roles, particularly in mergers and acquisitions [4][3] Group 2: Company Overview - Stantec is a global leader in sustainable architecture, engineering, and environmental consulting, focusing on managing aging infrastructure and the energy transition [2][5] - The company emphasizes innovation at the intersection of community, creativity, and client relationships to address critical issues like climate change and digital transformation [6][5] Group 3: Company Operations - Stantec operates on both the TSX and NYSE under the symbol STN, indicating its presence in major financial markets [7]

Core Insights - Stantec has been selected by the City of Toronto for Owner's Engineer/Technical Advisory Services for the F.G. Gardiner Expressway Rehabilitation Project Section 4, providing multidisciplinary engineering consulting services [1] - The Gardiner Expressway is a critical infrastructure with 140,000 vehicles using it daily, necessitating a multiyear rehabilitation due to age and heavy use [2][3] - The rehabilitation of Section 4 will involve replacing 2.2 kilometers of elevated roadway and is valued at C$24 million [3] Company Background - Stantec is a global leader in sustainable design and engineering, focusing on addressing significant challenges such as aging infrastructure and demographic changes [6] - The company has a longstanding relationship with the City of Toronto, having completed extensive work on the Gardiner Expressway since 1979 [4][5] - Stantec has been involved in several major transportation projects in the Greater Toronto Area, enhancing its reputation and expertise in the region [5] Project Details - Section 4 of the rehabilitation will include structural modifications, deck replacement, and repairs to structural steel girders, among other works [3] - The project is part of a multiyear Strategic Rehabilitation Plan initiated in 2019 to ensure the safe operation of the expressway [3] - Stantec's recent acquisition of Morrison Hershfield has doubled its transportation staff in Ontario, strengthening its capabilities for this project [1]

EDMONTON, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE: STN Stantec Inc. (“Stantec”), a global leader in sustainable design and engineering, announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) regarding the renewal of its Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB documentation filed with the TSX, Stantec may purchase up to 2,281,339 common shares of Stantec (“Common Shares”), representing approximately 2% of Stantec’s 114,066,995 issued and outstan ...

LONDON, Dec. 05, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, has been selected by Thames Water to provide services for its Asset, Capital, and Engineering Professional Services Framework. The firm has been named as a supplier on five lots on the £400 million framework and will now provide the water company with a range of interdisciplinary engineering, environmental, and program management services throughout asset management period eight (AMP8), sp ...

DOUGLAS, Ariz. and EDMONTON, Alberta and NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Stantec, a global leader in design and engineering, along with design-build partners general contractor Hensel Phelps, and architect Jones Studio, have been awarded a US$274.7 million contract by the U.S. General Services Administration (GSA) for a new commercial inspection port along the Mexico border in Douglas, Arizona. The port will increase capacity and facilitate lawful trade and travel between the US and Mexico.  St ...

Stantec Inc. (NYSE:STN) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Gord Johnston - President & Chief Executive Officer Vito Culmone - Executive Vice President & Chief Financial Officer Conference Call Participants Benoit Poirier - Desjardins Jacob Bout - CIBC Frederic Bastien - Raymond James Maxim Sytchev - NBF Jonathan Goldman - Scotiabank Operator Welcome to Stantec's Third Quarter 2024 Results Webcast and Conference Call. Leading the call today are Gord Johnston, Pr ...

Third Quarter 2024 Results Presentation | Stantec November 8, 2024 Q3 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 measure ...

Stantec (STN) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this engineering firm would post earnings of $0.81 per share when it actually produced earnings of $0.82, delivering a surprise of 1.23%.Over the last four quarters, the company ha ...

See accompanying notes Revised for change in accounting policy (see Note 3.c) | --- | --- | --- | --- | --- | |-------------------------------------------------|-------|------------------------|----------------------------------------|----------------------------------| | (Unaudited) \n(In millions of Canadian dollars) | Notes | September 30, 2024 \n$ | December 31, 2023 \n$ (Note 3.c) 1 | January 1, 2023 \n$ (Note 3.c) 1 | | ASSETS | | | | | | Current | | | | | | Cash and cash equivalents | | 262.5 | 352.9 ...