Core Points - A class action lawsuit has been filed against KBR, Inc. on behalf of investors who acquired shares between May 6, 2025, and June 19, 2025 [1][2] - The lawsuit alleges that KBR misled investors regarding a contract with the U.S. Department of Defense's Transportation Command, despite internal concerns about the contract [3] - Following the announcement of the contract termination on June 19, 2025, KBR's stock price dropped by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4] Company Overview - KBR, headquartered in Houston, is a global provider of science, technology, and engineering solutions for governmental and commercial clients [2] Legal Context - Investors who purchased KBR securities during the class period have until November 18, 2025, to seek appointment as lead plaintiff [2]

Financial Data and Key Metrics Changes - Stantec reported net revenue of CAD 1.7 billion in Q3 2025, an increase of almost 12% compared to Q3 2024, driven by organic and acquisition growth, each over 5% [2][7] - Adjusted EBITDA grew by close to 18% year over year, achieving a record margin of 19% [2][7] - Adjusted EPS increased by 17.7% to CAD 1.53 compared to Q3 2024 [2][8] - Year-to-date operating cash flows rose 86% from CAD 296 million to CAD 551 million [8] Business Line Data and Key Metrics Changes - The water business delivered almost 13% organic growth, while energy and resources achieved nearly 10% organic growth [2] - In the U.S., net revenue increased over 14% in Q3, driven by 4.6% organic growth and almost 9% acquisition growth [3] - The buildings business saw net revenue increase by more than 40% in Q3, attributed to the acquisition of Page and continued organic growth [3] Market Data and Key Metrics Changes - In Canada, net revenue grew 7.6% in Q3, entirely from organic growth, with double-digit growth in water and energy resources [4] - Global business delivered net revenue growth of almost 11% in Q3, achieving 5.5% organic and 2.8% acquisition growth [5] - The U.K., Australia, and New Zealand saw continued double-digit organic growth in the water business due to public sector investment [5] Company Strategy and Development Direction - Stantec maintains its net revenue growth guidance for the full year while increasing adjusted EBITDA margin outlook to 17.2%-17.5% [12] - The company aims to achieve net revenue of CAD 7.5 billion by the end of next year, supported by ongoing high levels of activity in its water business [14] - Stantec is optimistic about the long-term support for infrastructure investments following the recent federal budget release in Canada [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong momentum going into 2026, driven by ongoing demand in water, energy transition, and infrastructure projects [16][18] - The company acknowledges some near-term challenges in the U.S. market but remains optimistic about long-term growth drivers [28][30] - Management highlighted the importance of maintaining a diversified portfolio to mitigate risks associated with changing market conditions [32] Other Important Information - Stantec's contract backlog stood at CAD 8.4 billion, an almost 15% increase year over year, representing approximately 13 months of work [10] - The integration of the Page acquisition is progressing well, with expected revenue synergies already being realized [48][49] Q&A Session Summary Question: Outlook for 2026 - Management indicated strong momentum going into 2026, with continued support in water and infrastructure projects [16][18] Question: Canadian Infrastructure Opportunities - Management noted solid organic growth in Canada, particularly in land development and transportation projects, with strong public sector demand [20][22] Question: Concerns about Economic Indicators - Management acknowledged some uncertainty in the U.S. market but emphasized strong long-term demand drivers [28][30] Question: M&A Pipeline Update - Management confirmed ongoing discussions regarding potential acquisitions, maintaining a positive outlook for M&A activity [33][34] Question: Margin Sustainability - Management expressed confidence in continued EBITDA margin expansion, driven by organic revenue growth and operational efficiencies [54] Question: Exposure to Defense Sector - Management indicated limited exposure to the defense sector but sees potential growth opportunities in related infrastructure projects [57] Question: Free Cash Flow Performance - Management highlighted strong free cash flow performance due to effective working capital management and collection efforts [60]

Third Quarter 2025 Results Presentation 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 measures do not have a standardized me ...

Core Viewpoint - Rosen Law Firm is reminding investors of Fluor Corporation to secure counsel before the November 14, 2025 deadline for a securities class action related to misleading statements made by the company during the class period from February 18, 2025, to July 31, 2025 [2][6]. Group 1: Class Action Details - Investors who purchased Fluor securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. - The lawsuit alleges that Fluor made false and misleading statements regarding project costs and financial guidance, which negatively impacted the company's business and financial results [6]. - The claims include that costs for specific projects were increasing due to subcontractor errors and economic uncertainties, leading to unreliable financial guidance from Fluor [6]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [5]. - Rosen Law Firm has a history of successful settlements in securities class actions, including significant recoveries for investors, and has been recognized for its leadership in this area [5]. - To join the class action, investors can visit the provided link or contact the firm directly for more information [4][7].

Core Insights - Stantec reported strong third quarter results for 2025, with net revenue reaching $1.7 billion, an increase of 11.8% year-over-year, driven by organic growth of 5.6% and acquisition growth of 5.2% [3][12] - The company achieved an adjusted EBITDA of $323.4 million, reflecting a 17.8% increase, and an all-time high adjusted EBITDA margin of 19.0%, up 100 basis points from the previous year [3][12] - Stantec's diluted earnings per share (EPS) was $1.32, with adjusted EPS at $1.53, marking increases of 46.7% and 17.7% respectively compared to Q3 2024 [3][12] Financial Performance - Net revenue for Q3 2025 was $1.7 billion, up $180.6 million from Q3 2024, with organic growth achieved across all regional and business units, particularly in Water and Energy and Resources [3][12] - Project margin increased by 12.1% to $927.9 million, maintaining a project margin percentage of 54.4% [12] - Contract backlog rose to $8.4 billion, a 14.9% increase year-over-year, indicating strong future revenue potential [12][19] Strategic Outlook - Stantec has revised its adjusted EBITDA margin guidance for 2025 to a range of 17.2% to 17.5%, reflecting strong project margins and operational efficiency [10][11] - The company continues to expect net revenue growth of 10% to 12% for 2025, with specific expectations for organic growth in the US and Canada [9][10] - Stantec's recent acquisitions, including Page, Ryan Hanley, and Cosgroves, are expected to contribute positively to its growth trajectory [4][6] Market Position - Stantec's diversified business model and strong project execution have positioned it well to capitalize on sustained global demand for its services [4][8] - The company is focused on operational efficiency and disciplined management, which has led to lower administrative and marketing expenses as a percentage of net revenue [12][15] - Stantec's effective tax rate is projected to be between 23.5% and 24.5%, aligning with its financial strategy [10]

Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with HomeSafe, which led to a significant drop in KBR's stock price after the termination of a contract by the U.S. Department of Defense's TRANSCOM [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired KBR shares between May 6, 2025, and June 19, 2025 [1][2]. - Investors have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]. - The allegations include KBR's failure to disclose concerns from TRANSCOM about HomeSafe's ability to fulfill its obligations under the Global Household Goods Contract [3]. Group 2: Impact on Stock Price - Following the announcement of the contract termination by HomeSafe on June 19, 2025, KBR's shares fell by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 3: Company Background - KBR, Inc. is headquartered in Houston, Texas, and provides engineering, logistics, defense contracting, and mission-critical government services [2].

Core Insights - Brazilian engineering group Novonor is nearing an agreement to sell a significant portion of its controlling stake in the petrochemical company Braskem to IG4 Capital [1] Group 1 - The transaction involves the sale of most of Novonor's controlling interest in Braskem, indicating a strategic shift for the company [1] - Sources indicate that the deal is in advanced stages, highlighting the urgency and importance of this transaction for both parties involved [1] - The potential sale reflects ongoing consolidation trends within the petrochemical industry, as companies seek to optimize their portfolios and focus on core operations [1]

Core Viewpoint - Rosen Law Firm is urging KBR, Inc. investors who purchased securities between May 6, 2025, and June 19, 2025, to take action before the November 18, 2025, deadline for a securities class action lawsuit [1][5]. Group 1: Class Action Details - Investors who bought KBR securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 18, 2025 [3][6]. - The lawsuit alleges that KBR made materially false and misleading statements regarding its partnership with HomeSafe and the ability to fulfill the Global Household Goods Contract, which led to investor damages when the truth was revealed [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has consistently ranked among the top for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].

Core Viewpoint - Rosen Law Firm is encouraging investors of Fluor Corporation to secure legal counsel before the November 14, 2025 deadline for a securities class action lawsuit related to misleading statements made by the company during the class period from February 18, 2025, to July 31, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Fluor securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 14, 2025 [3]. - The lawsuit alleges that Fluor made false and misleading statements regarding project costs and financial guidance, which negatively impacted the company's business and financial results [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [4]. - The firm has achieved significant settlements, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4].

Core Viewpoint - Rosen Law Firm is encouraging investors of Fluor Corporation to secure legal counsel before the lead plaintiff deadline in a securities class action lawsuit related to misleading statements made by the company during a specified class period [1][5]. Group 1: Class Action Details - The class period for the lawsuit is from February 18, 2025, to July 31, 2025, and the lead plaintiff deadline is November 14, 2025 [1]. - Investors who purchased Fluor securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the Rosen Law Firm [3][6]. Group 2: Allegations Against Fluor Corporation - The lawsuit alleges that Fluor made false and misleading statements regarding project costs associated with the Gordie Howe International Bridge and various Texas highway projects, which were impacted by subcontractor design errors, price increases, and scheduling delays [5]. - It is claimed that these issues, along with reduced capital spending from customers and economic uncertainty, negatively affected Fluor's business and financial results [5]. - The lawsuit asserts that Fluor's financial guidance for 2025 was unreliable, and the effectiveness of its risk mitigation strategy was overstated [5].