Financial Performance - Stantec achieved a net revenue increase of approximately 16% in 2024, driven by both acquisitions and organic growth[4]. - The company expanded its adjusted EBITDA margin and increased adjusted diluted earnings per share by over 20%[4]. - Stantec entered 2025 with a record backlog of $7.8 billion, indicating strong future growth potential[6]. - The Infrastructure segment generated $1.6 billion in net revenue, reflecting an 18.3% year-over-year growth[34]. - The Buildings segment reported $1.3 billion in net revenue, with a significant year-over-year growth of 33.8%[38]. - The Water segment achieved $1.2 billion in net revenue, marking a 15.6% year-over-year growth[35]. - The Environmental Services segment generated $1.1 billion in net revenue, with a year-over-year growth of 5.7%[37]. - The Energy & Resources segment reported $0.7 billion in net revenue, showing a modest growth of 0.4% year-over-year[40]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[52]. - The company reported a revenue increase of 15% year-over-year, reaching $1.5 billion in the last quarter[62]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in the last quarter[67]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[64]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[70]. - The company reported a revenue of $757 million for the quarter, reflecting a significant increase compared to the previous period[96]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[109]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[120]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[130]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[139]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[150]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[176]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q3 2023[179]. User Growth - User data showed a growth of 25% in active users, totaling 5 million by the end of the quarter[53]. - User data showed a growth of 20% in active users, totaling 5 million new users in the last quarter[58]. - User data showed a growth of 20% in active users, totaling 10 million users by the end of the quarter[62]. - User data showed a growth of 20% in active users, totaling 5 million users by the end of the quarter[64]. - User data showed a growth of 25% in active users, totaling 5 million users by the end of the quarter[68]. - User data showed a growth of 25% in active users, totaling 5 million users by the end of the quarter[85]. - User data showed a growth of 25% in active users, totaling 5 million users by the end of the quarter[91]. - User data showed a growth of 25% in active users, totaling 10 million users by the end of the quarter[66]. - User data showed a growth of 20% in active users, totaling 5 million users by the end of the quarter[100]. - User data showed a growth of 20% in active users, totaling 5 million users by the end of the quarter[127]. - User data showed a growth of 25% in active users, totaling 5 million users by the end of the quarter[140]. - User data showed a growth of 25% in active users, totaling 5 million users by the end of the quarter[177]. Strategic Acquisitions - The company completed three strategic acquisitions in 2024, adding over 2,700 new employees[4]. - The company completed a strategic acquisition of a smaller tech firm for $50 million to enhance its product offerings[53]. - The company completed a strategic acquisition of a smaller tech firm for $200 million to enhance its product offerings[59]. - The company announced a strategic acquisition of a smaller competitor for $300 million to enhance its market position[62]. - The company completed a strategic acquisition of a competitor for $300 million, expected to enhance its product offerings[67]. - The company completed a strategic acquisition of a smaller tech firm for $100 million to enhance its product offerings[79]. - The company completed a strategic acquisition of a smaller tech firm for $200 million to enhance its product offerings[128]. - The company completed a strategic acquisition of a competitor for $200 million, expected to enhance its product offerings[160]. Research and Development - The company is investing $200 million in R&D for new technologies aimed at enhancing user experience[56]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[64]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[68]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[74]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[82]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[88]. - The company is investing $100 million in research and development for new technologies aimed at enhancing user experience[96]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[109]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[176]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[179]. Marketing Strategies - A new marketing strategy was implemented, resulting in a 20% increase in customer engagement[54]. - The company plans to implement a new marketing strategy aimed at increasing brand awareness by 40%[57]. - A new marketing strategy is expected to drive a 30% increase in customer engagement over the next six months[64]. - A new marketing strategy is projected to increase customer engagement by 40% over the next year[68]. - A new marketing strategy was implemented, resulting in a 15% increase in customer engagement metrics[104]. - A new marketing strategy was implemented, leading to a 15% increase in customer engagement metrics[169]. - The company plans to implement a new marketing strategy, allocating an additional $20 million to digital advertising[109]. - The company plans to implement new marketing strategies, expecting a 25% increase in brand awareness by the end of the year[164]. Customer Satisfaction - Customer satisfaction ratings improved to 85%, up from 80% last quarter[60]. - Customer satisfaction ratings improved to 90%, reflecting improved service and product quality[63]. - Customer satisfaction ratings improved to 90%, reflecting the success of recent service enhancements[67]. - Customer satisfaction ratings improved to 90%, reflecting the success of recent service enhancements[88]. - Customer satisfaction ratings improved to 90%, reflecting the success of recent service enhancements[134]. - Customer satisfaction ratings improved to 90%, reflecting improvements in service and product quality[177]. - Customer satisfaction ratings improved by 15%, reflecting the success of recent service enhancements[171]. - Customer satisfaction ratings increased to 90%, reflecting improvements in service and product quality[180]. Operational Efficiency - Operating expenses were reduced by 10%, totaling $300 million, improving overall profitability[56]. - Operating margins improved to 25%, up from 22% in the previous quarter[58]. - The company reported a 5% decrease in operational costs due to improved efficiency measures[64]. - The company reported a 5% decrease in operational costs due to improved efficiency measures implemented in Q3[70]. - The company reported a 5% decrease in operational costs due to improved efficiency measures[139]. - Operational efficiency improvements resulted in a 10% reduction in costs, contributing to higher profit margins[150]. - The company reported a gross margin of 45%, up from 42% in the previous quarter[55]. - The gross margin improved to 55%, up from 50% in the previous quarter[63]. - The gross margin improved to 45%, up from 40% in the previous quarter[161]. - The gross margin improved to 45%, up from 40% in the previous quarter[180]. Future Outlook - The company provided guidance for Q4 2023, expecting revenue between $1.3 billion and $1.5 billion, representing a growth of 10% to 25%[54]. - The company provided guidance for the next quarter, expecting revenue to be between $1.3 billion and $1.4 billion, representing a growth of 10-15%[59]. - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, estimating $1.65 billion[63]. - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, estimating $1.32 billion[80]. - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, aiming for $1.32 billion[143]. - The company provided a forward guidance of 10% revenue growth for the next quarter, projecting revenues between $1.3 billion and $1.4 billion[152]. - The company provided a forward guidance of 10% revenue growth for the next quarter, projecting revenues between $1.3 billion and $1.4 billion[178].

Core Insights - Stantec achieved record financial results in 2024, with net revenue increasing by 15.8% to $5.9 billion, driven by both organic growth of 7.4% and acquisition growth of 7.5% [3][11] - The company reported a record adjusted EBITDA margin of 16.7% and diluted earnings per share (EPS) of $3.17, reflecting strong project execution and operational excellence [3][11] - Stantec's strategic focus on addressing macro challenges such as water security and climate change positions it for continued growth in 2025, with projected net revenue growth of 7% to 10% [5][8] Financial Performance - For the fourth quarter of 2024, Stantec's net revenue grew by 19.0% to $1.5 billion, with organic growth of 9.3% and acquisition growth of 7.6% [4][16] - Adjusted EBITDA for the year reached $980.3 million, an increase of 18.0% compared to 2023, with a margin of 16.7% [7][11] - The company reported a backlog of $7.8 billion, up 24.1% from the previous year, indicating strong future revenue potential [7][20] 2025 Outlook - Stantec anticipates net revenue growth of 7% to 10% in 2025, with organic growth expected in the mid- to high-single digits across its US and Canadian operations [6][8] - The adjusted EBITDA margin is projected to range from 16.7% to 17.3%, supported by strong project margins and operational efficiencies [9][10] - The company aims for adjusted EPS growth of 16% to 19% compared to 2024, with adjusted net income expected to exceed 8.8% of net revenue [10][11] Segment Performance - In 2024, Stantec achieved double-digit organic growth in its Water and Buildings sectors, with notable performance in the US market [11][18] - The company reported strong organic growth rates of 8.6% in the US, 6% in Canada, and 5.8% globally [7][18] - The project margin increased to 54.5% of net revenue, reflecting effective project execution and management [11][16] Dividend Declaration - On February 24, 2025, Stantec's Board of Directors declared a dividend of $0.225 per share, representing a 7.1% increase from the previous dividend [12][17]

Core Insights - Stantec and Drees & Sommer have been selected for a €3.2 billion semiconductor assembly and test facility for Silicon Box in Northern Italy, marking a significant investment in the European semiconductor ecosystem [1][2][3] Company Overview - Stantec is recognized as a global leader in sustainable design and engineering, providing architecture and infrastructure design services for the new facility [1][5] - Drees & Sommer specializes in consultation and implementation services across real estate, infrastructure, and industrial markets, contributing industrial engineering and clean room design services for the project [3][5] Project Details - The facility is set to begin operations in 2028 and is expected to create approximately 1,600 jobs in the region [2] - This facility will be Silicon Box's second asset, emulating its advanced automated facility in Singapore, which focuses on large-format panel-level semiconductor packaging solutions [2][4] Strategic Importance - The expansion into Italy is seen as a catalyst for a more secure and robust electronics supply chain in Europe, aligning with the goals of the Italian government and the European Commission [3][7] - The project aims to enhance Italy's competitive strengths in key technology initiatives such as artificial intelligence, electric vehicles, and edge computing [6][7] Sustainability Commitment - Stantec's design will adhere to high environmental standards, focusing on sustainability and minimizing environmental impact, in line with European Commission requirements [7][5] Broader Industry Context - The new facility is part of Silicon Box's broader investment strategy in the semiconductor industry, reflecting a commitment to innovation and resilience in the supply chain [7] - Stantec is also involved in other major advanced manufacturing projects, including a $2.5 billion solar power manufacturing facility and a £4 billion battery plant [9]

Core Insights - Stantec, a global leader in sustainable design and engineering, will release its fourth quarter and full-year 2024 financial results on February 25, 2025, before market opening [1] - A webcast and conference call to discuss the financial performance will take place on the same day at 2:30 PM Mountain Time (4:30 PM Eastern Time) [1][2] - The conference call will be hosted by the president and CEO, Gord Johnston, and the executive vice president and CFO, Vito Culmone [1] Company Overview - Stantec is recognized for empowering clients, people, and communities to address significant global challenges, particularly in sustainable architecture, engineering, and environmental consulting [4] - The company focuses on managing issues such as aging infrastructure, demographic changes, and the energy transition [4] - Stantec emphasizes the importance of diverse perspectives from various stakeholders to tackle critical issues like climate change and digital transformation [5] Communication and Participation - The conference call and slideshow presentation will be broadcast live and accessible on the Events and Presentations section of Stantec's website [3] - Preregistration for the conference call is recommended to participate in the Q&A session [2]

Core Insights - Stantec has been recognized as the eighth most sustainable corporation globally and the top among its industry peers by Corporate Knights in their 2025 ranking [1] - The recognition reflects Stantec's commitment to sustainability, which is deeply embedded in its culture and strategy [2] Sustainability Achievements - In 2023, Stantec generated $3.9 billion, accounting for 61% of its gross revenue, from projects supporting the United Nations Sustainable Development Goals [3] - The company has committed to the MEP 2040 Challenge, aiming to significantly reduce carbon emissions from mechanical, electrical, and plumbing systems by 2040 [3] Recent Recognitions - Stantec was named one of Canada's Most Responsible Companies for 2025 by Newsweek in October 2024 [2] - The company was also included in TIME's list of the World's Most Sustainable Companies for 2024 [2] Company Overview - Stantec is a global leader in sustainable architecture, engineering, and environmental consulting, addressing challenges such as aging infrastructure and energy transition [4] - The company emphasizes community engagement, considering diverse perspectives to tackle critical issues like climate change and digital transformation [5] Operational Focus - Stantec employs a range of professionals, including designers, engineers, and project managers, to innovate and redefine possibilities in community development [6]

Core Insights - Stantec has been recognized as the eighth most sustainable corporation globally and the top among its industry peers by Corporate Knights in their 2025 ranking [1][2] - The recognition is based on an assessment of over 6,000 publicly traded companies with revenues exceeding US$1 billion [1] Sustainability Achievements - In 2024, Stantec reported that $3.9 billion, or 61 percent, of its 2023 gross revenue was generated from projects aligned with the United Nations Sustainable Development Goals [3] - The company has committed to the MEP 2040 Challenge, aiming to significantly reduce carbon emissions from mechanical, electrical, and plumbing systems by 2040 [3] Recent Recognitions - Stantec was named one of Canada's Most Responsible Companies for 2025 by Newsweek in October 2024 [2] - The company was also included in TIME's list of the World's Most Sustainable Companies for 2024 [2] Company Overview - Stantec is a global leader in sustainable architecture, engineering, and environmental consulting, addressing challenges such as aging infrastructure and energy transition [4] - The company emphasizes the importance of community engagement and diverse perspectives in tackling critical issues like climate change and digital transformation [5]

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 ...