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Stantec's Backlog Surge Points to Revenue Acceleration Ahead
ZACKS· 2025-07-16 17:55
Core Insights - Stantec (STN) is on a strong growth trajectory, with increasing backlog figures indicating high visibility into near-term revenue gains and multi-year momentum [2][7] Group 1: U.S. Market Performance - In the U.S., backlog increased by 12.6% to $4.8 billion, driven by anticipated new water projects starting in Q2 2025 and easing policy uncertainty [3][7] - Although first-quarter organic growth was modest at 2.4% due to project timing, management highlighted a pipeline ready to accelerate [3] Group 2: Canadian Market Dynamics - Canada's infrastructure initiatives in energy, housing, and healthcare are creating robust project pipelines, particularly in wastewater and high-intensity industrial segments [4] - Transit and airport-related projects are also gaining momentum, providing a solid growth runway for Stantec [4] Group 3: Global Market Opportunities - The Global segment shows promise with the U.K.'s AMP8 program launching with 75% more funding than the previous cycle, allowing Stantec to ramp up capacity [5] - Australia and New Zealand are steady performers in water due to framework agreements, while Germany's €500 billion infrastructure fund positions Stantec for broader market penetration [5] Group 4: Stock Performance and Valuation - Stantec has achieved a 42% year-to-date gain, significantly outperforming the industry's 3% decline, while U.S. peers have shown mixed results [6] - Stantec's forward 12-month Price/Earnings (P/E) ratio is 27.02, above its five-year median of 23.74, compared to Tetra Tech at 24.54 and AECOM at 20.17 [8] Group 5: Earnings Outlook - The Zacks Consensus Estimate for Stantec's 2025 earnings has been rising over the past 60 days, indicating positive market sentiment [10]
Jacobs to Hold Its Fiscal Third Quarter 2025 Earnings Conference Call and Webcast
Prnewswire· 2025-07-15 11:45
Company Overview - Jacobs is a leading company with approximately $12 billion in annual revenue and a workforce of nearly 45,000 employees [2] - The company provides end-to-end services across various sectors including advanced manufacturing, energy, environmental, life sciences, transportation, and water [2] Upcoming Earnings Release - Jacobs plans to release its fiscal third quarter 2025 earnings results before market open on August 5, 2025 [1] - A conference call will be held at 10:00 a.m. ET on the same day, where management will present the company's results and operating trends [1] Communication Channels - The company utilizes various channels to comply with disclosure obligations, including press releases, SEC filings, public conference calls, and its website [3] - Investors are encouraged to monitor these channels for material disclosures [3]
Jacobs and AtkinsRéalis Appointed to England's National Highways' Specialist Professional and Technical Services Framework
Prnewswire· 2025-07-15 08:00
Core Viewpoint - Jacobs, in partnership with AtkinsRéalis, has been awarded a contract by England's National Highways to provide engineering and technical services under a new framework valued at up to $680 million (£495 million) over six years, aimed at enhancing road infrastructure and sustainability [1][3][4]. Group 1: Framework Details - The new Specialist Professional and Technical Services Framework (SPaTS3) builds on previous frameworks, allowing National Highways to access advanced technical and engineering capabilities to support England's Roads Investment Strategy [2][3]. - The framework includes six suppliers, with Jacobs and AtkinsRéalis being a key joint venture, providing services such as strategic transport planning, transport modeling, engineering, and sustainability [3][4]. Group 2: Strategic Importance - Jacobs emphasizes that resilient, low-carbon road infrastructure is essential for England's long-term economic growth and community connectivity [4]. - The joint venture aims to leverage its extensive experience and supply chain to drive innovation and efficiency in road infrastructure projects [4]. Group 3: Innovation and Sustainability - Jacobs and AtkinsRéalis have a history of successful collaboration through previous SPaTS frameworks, focusing on innovative solutions like the "Structures Moonshot" project for bridge monitoring and trials of graphene-enhanced asphalt [4][5]. - The joint venture is also recognized for its commitment to carbon management in infrastructure, having achieved PAS 2080:2023 verification [5].
NV5 Acquires Professional Systems Engineering; Strengthens Technology Design for Public Safety Facilities
Globenewswire· 2025-07-11 12:00
HOLLYWOOD, Fla., July 11, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of tech-enabled engineering, certification, and consulting solutions, announced today its acquisition of Professional Systems Engineering, LLC, (PSE) a leading designer of facility technologies for corrections and public safety infrastructure throughout the Northeast. Founded in 1986, PSE’s engineers and consultants specialize in the design of security, safety, fire, and communication systems for high-security public sector facilities such a ...
Bowman Announces Dates for Second Quarter 2025 Earnings Release and Webcast
Globenewswire· 2025-07-11 11:30
Core Viewpoint - Bowman Consulting Group Ltd. is set to release its financial results for the second quarter of 2025 on August 6, 2025, with a subsequent webcast scheduled for August 7, 2025, to discuss these results [1]. Company Overview - Bowman Consulting Group Ltd. is a national engineering services and project management firm headquartered in Reston, Virginia, providing infrastructure solutions across various regulated end markets [3]. - The company employs over 2,400 individuals and operates 100 offices throughout the United States, offering a range of services including planning, engineering, geospatial, construction management, commissioning, environmental consulting, and land procurement [3]. - Bowman trades on the Nasdaq under the ticker symbol BWMN [3].
Bowman to Lead Multi-State Aerial Lidar Work Under U.S. Geological Survey's 3D Elevation Program
Globenewswire· 2025-07-10 11:30
Core Insights - Bowman Consulting Group Ltd. has been awarded a federal task order by the U.S. Geological Survey to lead aerial lidar data collection for the 3D Elevation Program, which aims to create a national baseline of high-resolution topographic data [1][2] - The task order covers over 8,800 square miles in regions affected by Hurricane Helene, with Bowman responsible for aerial acquisition and lidar processing, while Merrick & Company will manage the project and conduct ground surveys [2][3] - Bowman has successfully collected and processed over 150,000 square miles of lidar data under the Geospatial Products and Services Contract, reinforcing its position in high-barrier federal programs [3] Company Overview - Bowman Consulting Group is headquartered in Reston, Virginia, and employs over 2,400 staff across more than 100 locations in the U.S., providing a range of engineering and project management services [5] - The company specializes in infrastructure, technology, and project management solutions for clients in various regulated markets [5]
Fluor's Second Act: The Turnaround Is Going Well
Seeking Alpha· 2025-07-10 01:23
Company Overview - Fluor Corporation (NYSE: FLR) is an engineering company that specializes in large projects, particularly in infrastructure construction [1]. Business Segments - The company operates in various segments, including Energy Solutions, which focuses on energy-related projects, particularly in the oil and gas sector [1]. Investment Philosophy - The company emphasizes diversification not only in assets but also in investment methods and philosophies, aiming to meet both short-term and long-term investment goals [1].
Stantec to release second quarter 2025 results on August 13, 2025 and host conference call on August 14, 2025
GlobeNewswire News Room· 2025-07-09 12:30
Core Viewpoint - Stantec, a global leader in sustainable design and engineering, is set to release its second quarter 2025 financial results on August 13, 2025, followed by a conference call on August 14, 2025, to discuss the company's performance [1]. Group 1: Financial Results Announcement - Stantec will announce its Q2 2025 financial results after market close on August 13, 2025 [1]. - A webcast and conference call will be held on August 14, 2025, at 7:00 AM Mountain Time (9:00 AM Eastern Time) to discuss the results [1][2]. Group 2: Company Overview - Stantec is recognized as a global leader in sustainable architecture, engineering, and environmental consulting, providing expertise to address challenges such as aging infrastructure and energy transition [4]. - The company emphasizes the importance of community engagement, considering diverse perspectives from project teams, clients, and impacted individuals [5]. - Stantec's professionals include designers, engineers, scientists, project managers, and strategic advisors, focusing on innovation at the intersection of community and client relationships [6].
SU Group Secures Record-Breaking US$11.3 Million Hospital Contract in Hong Kong
Prnewswire· 2025-07-09 11:00
HONG KONG, July 9, 2025 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has been awarded the largest contract in the Company's history, valued at HK$88.5 million (approximately US$11.3 million).The landmark contract involves the design, delivery, and integration of a full spectrum of security, monitoring, public address, and safety systems for a major hospital expansion and up ...
Ten-League International Holdings Limited Announces Pricing of Initial Public Offering
Globenewswire· 2025-07-08 12:00
SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced the pricing of its initial public offering (the “Offering”) of 2,240,000 ordinary shares, 1,607,840 of which are being offered by the Company and 632,160 by selling shareholders, at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market an ...