Stantec (US:STN)2022-08-11 14:49Financial Highlights - Net revenue increased by 23% to $11 billion[9] - Adjusted EBITDA increased by 27% to $187 million[9] - Adjusted EBITDA margin increased by 60bps to 167%[9] - Adjusted diluted EPS increased by 34% to $083[9] - Project margin increased to 540%[9] Regional Performance - United States: Achieved 92% organic growth[10] - Canada: Gross backlog $13 billion[11] - Global: Gross backlog $10 billion with 167% organic growth and 273% acquisition growth[12] Backlog and Growth - Record backlog with $35 billion[10],$13 billion[11],$10 billion[12] - Backlog grew 133% since December 31, 2021[47] - Organic backlog growth of 130%[47] Outlook - Net revenue growth target of 18% to 22%[55] - Adjusted EBITDA as % of net revenue target of 153% to 163%[56] - Adjusted diluted EPS expected to grow by 22% to 26%[60]