Stantec (STN) - 2023 Q3 - Earnings Call Presentation

Financial Performance - Stantec reported Q3 2023 net revenue of $1.3 billion, representing a 14% increase compared to the previous period[7] - Adjusted diluted EPS reached $1.14, reflecting a 33% growth[7][47] - Adjusted EBITDA margin improved to 18.3%, an increase of 160 basis points[3] - Organic net revenue growth was recorded at 9.0% for the quarter[19] Operational Highlights and Backlog - The company maintains a significant backlog of $4.1 billion, representing approximately 12 months of work[21][65] - Backlog experienced 7.6% growth since December 31, 2022[65] - Strong organic growth was driven by high utilization in Canada and the US, alongside effective workforce strategies[7] - Double-digit organic growth was achieved in key sectors including Buildings, Environmental Services, Water, and Energy & Resources[10][12][14][22] Strategic Outlook - Stantec revised its 2023 annual net revenue growth target to a range of 12% to 14%[57] - The company updated its 2023 adjusted diluted EPS growth target to a range of 17% to 20% (including LTIP impact)[57]