Announcement • Apr 13
Stantec Inc. to Report Q1, 2026 Results on May 13, 2026 Stantec Inc. announced that they will report Q1, 2026 results After-Market on May 13, 2026 Announcement • Feb 20
Stantec Inc., Annual General Meeting, May 14, 2026 Stantec Inc., Annual General Meeting, May 14, 2026. Location: hybrid meeting, Canada Announcement • Jan 21
Stantec Inc. to Report Q4, 2025 Results on Feb 25, 2026 Stantec Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 25, 2026 Announcement • Oct 21
Stantec Inc. to Report Q3, 2025 Results on Nov 13, 2025 Stantec Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025 Announcement • Aug 15
Stantec Inc. announces Quarterly dividend, payable on October 15, 2025 Stantec Inc. announced Quarterly dividend of CAD 0.2250 per share payable on October 15, 2025, ex-date on September 29, 2025 and record date on September 29, 2025. Announcement • Aug 14
Stantec Inc. Revises Earnings Guidance for the Full Year 2025 Stantec Inc. revised earnings guidance for the full year 2025. For the year, the company expects Net revenue growth of 10% to 12 % as compared to
Previously Published guidance of 7% to 10%. Announcement • Jul 09
Stantec Inc. to Report Q2, 2025 Results on Aug 13, 2025 Stantec Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025 Announcement • Jun 11
Stantec Inc. announced that it has received CAD 425 million in funding Stantec Inc. announced a private placement of 4.374% senior unsecured notes due June 10, 2032 for gross proceeds of aggregate principal amount of CAD 425,000,000 on June 10, 2025. The notes will be issued at par for aggregate gross proceeds of CAD 425,000,000 and will bear interest at a fixed rate of 4.374% per annum, payable semi-annually on the 10th of June and 10th of December of each year, commencing on December 10, 2025. The notes will be direct senior unsecured obligations of the company and will rank pari passu with all of its existing and future senior unsecured indebtedness and senior in right of payment to any future subordinated indebtedness of the company. Announcement • May 31
Stantec Inc. announced that it expects to receive CAD 425 million in funding Stantec Inc. announced a private placement of 4.374% senior unsecured notes due June 10, 2032 for gross proceeds of aggregate principal amount of CAD 425,000,000 on May 30, 2025. The notes will be issued at par for aggregate gross proceeds of CAD 425,000,000 and will bear interest at a fixed rate of 4.374% per annum, payable semi-annually on the June 10 and December 10 of each year, commencing on December 10, 2025. The notes will be direct senior unsecured obligations of the company and will rank pari passu with all of its existing and future senior unsecured indebtedness and senior in right of payment to any future subordinated indebtedness of the company. The notes have been assigned a provisional rating of BBB, with a stable trend, by DBRS Limited (DBRS Morningstar), and are being offered in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation. The transaction is expected to close on or about June 10, 2025, and is subject to customary closing conditions. Announcement • Apr 14
Stantec Inc. to Report Q1, 2025 Results on May 14, 2025 Stantec Inc. announced that they will report Q1, 2025 results After-Market on May 14, 2025 Announcement • Apr 09
Stantec Inc. (TSX:STN) acquired Ryan Hanley. Stantec Inc. (TSX:STN) acquired Ryan Hanley on April 8, 2025.
Stantec Inc. (TSX:STN) completed the acquisition of Ryan Hanley on April 8, 2025. Announcement • Apr 03
Stantec Inc. (TSX:STN) signed a definitive purchase agreement to acquire Page Southerland Page, Inc. Stantec Inc. (TSX:STN) signed a definitive purchase agreement to acquire Page Southerland Page, Inc. on April 2, 2025.
The acquisition is expected to close upon receipt of required regulatory approvals. Stantec intends to fund the acquisition through existing funds and credit facilities. Announcement • Feb 17
Stantec Inc., Annual General Meeting, May 15, 2025 Stantec Inc., Annual General Meeting, May 15, 2025. Location: hybrid meeting, Canada Announcement • Jan 28
Stantec Inc. to Report Q4, 2024 Results on Feb 25, 2025 Stantec Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 25, 2025 Announcement • Jan 22
Stantec Inc. Announces Executive Appointments Stantec has announced new leadership for its Environmental Services business as of January 2025. Luke de Hayr takes over as executive vice president of Environmental Services for Stantec's global operations. De Hayr's appointment to the position comes as Susan Reisbord, who had led Environmental Services for three years, has been appointed to Stantec's chief operating officer, North America. De Hayr offers 25 years of experience in the environmental industry and joined Stantec when the firm acquired Cardno in 2021. He has supported numerous large international projects in the United Arab Emirates, Papua New Guinea, Jordan, Oman, Nigeria, and Kenya. De Hayr has led projects involving sustainability, regulatory compliance, permitting, and natural resource damage assessment. One of his signature projects was the Deepwater Horizon oil spill, where he managed and helped lead the natural resource damage assessment for the incident. Announcement • Dec 20
Stantec Appoints Christopher Lopez and Rick Eng to the Board of Directors, effective January 1, 2025 Stantec Inc. announced the appointments of Christopher Lopez and Richard (Rick) Eng to the company’s Board of Directors, effective January 1, 2025. Christopher Lopez has over 28 years of industry experience in the utility, power generation, and mining sectors in Canada, United States, Mexico, Australia and New Zealand. Mr. Lopez has served in various senior leadership positions including, most recently, as Chief Financial and Regulatory Officer at Hydro One Limited. In addition to his strong financial and regulatory acumen, Mr. Lopez has significant experience in mergers and acquisitions and clean energy finance from both his time at Hydro One and, prior to that, as Vice President, Corporate Planning and Mergers & Acquisitions at TransAlta Corporation. Mr. Lopez currently serves on the board of directors of Algonquin Power & Utilities Corp., an international generation, transmission, and distribution utility. He holds a Bachelor of Business degree from Edith Cowan University in Australia and is a Chartered Professional Accountant. He is a Graduate member of the Australian Institute of Company Directors and has completed the CFO Leadership Program at Harvard Business School. Rick Eng has nearly 30 years of experience in investment banking, private equity, and advisory roles, primarily focused on mergers and acquisitions, capital markets, and strategic business planning. He spent over 17 years at Brookfield Asset Management, where he served as a Managing Partner in the Infrastructure Group. Mr. Eng’s responsibilities included leading new investments as well as overseeing and supporting portfolio companies in strategic growth and operational initiatives. Mr. Eng was also previously Chief Investment Officer responsible for the underwriting of Brookfield’s Transport investments globally. Prior to moving into the Infrastructure Group in 2015, Mr. Eng was a senior member of the firm’s private equity group, where he also served for several years as the Chief Financial Officer of Ainsworth Lumber Co. up until the company’s merger transaction. Mr. Eng holds a B.A. (Economics and History) from Queen’s University and is a Chartered Professional Accountant. Declared Dividend • Nov 12
Third quarter dividend of CA$0.21 announced Shareholders will receive a dividend of CA$0.21. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: CA$0.91 (vs CA$0.94 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.91 (down from CA$0.94 in 3Q 2023). Revenue: CA$1.52b (up 16% from 3Q 2023). Net income: CA$103.2m (flat on 3Q 2023). Profit margin: 6.8% (down from 7.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Oct 26
Stantec Inc. to Report Q3, 2024 Results on Nov 07, 2024 Stantec Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Announcement • Oct 04
Stantec Announces Demise of Patricia D. Galloway, Member of Board of Director Stantec announced that Dr. Patricia D. Galloway, a member of its Board of Directors, passed away on September 26, 2024. A member of Stantec’s Board of Directors since May 2020, Dr. Galloway also served on the Board’s Corporate Governance and Compensation, and Sustainability and Safety committees. With more than 40 years of experience specializing in energy and construction matters, Dr. Galloway leaves behind a monumental legacy as a renowned leader in civil engineering, gigaproject construction, and dispute resolution. Upcoming Dividend • Sep 20
Upcoming dividend of CA$0.21 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%). Declared Dividend • Aug 12
Second quarter dividend of CA$0.21 announced Shareholders will receive a dividend of CA$0.21. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: CA$0.74 (vs CA$0.79 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.74 (down from CA$0.79 in 2Q 2023). Revenue: CA$1.49b (up 17% from 2Q 2023). Net income: CA$84.6m (down 3.9% from 2Q 2023). Profit margin: 5.7% (down from 6.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year. Announcement • Jul 16
Stantec Inc. to Report Q2, 2024 Results on Aug 07, 2024 Stantec Inc. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Declared Dividend • May 12
First quarter dividend of CA$0.21 announced Shareholders will receive a dividend of CA$0.21. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 09
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: CA$0.70 (vs CA$0.58 in 1Q 2023) First quarter 2024 results: EPS: CA$0.70 (up from CA$0.58 in 1Q 2023). Revenue: CA$1.37b (up 12% from 1Q 2023). Net income: CA$79.4m (up 22% from 1Q 2023). Profit margin: 5.8% (up from 5.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 29% per year. Announcement • Apr 19
Stantec Inc. to Report Q1, 2024 Results on May 08, 2024 Stantec Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Upcoming Dividend • Mar 20
Upcoming dividend of CA$0.21 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%). Declared Dividend • Mar 03
Fourth quarter dividend of CA$0.21 announced Shareholders will receive a dividend of CA$0.21. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: CA$2.98 (vs CA$2.23 in FY 2022) Full year 2023 results: EPS: CA$2.98 (up from CA$2.23 in FY 2022). Revenue: CA$5.07b (up 14% from FY 2022). Net income: CA$331.2m (up 34% from FY 2022). Profit margin: 6.5% (up from 5.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 17
Stantec Inc., Annual General Meeting, May 09, 2024 Stantec Inc., Annual General Meeting, May 09, 2024. Announcement • Feb 08
Stantec Inc. to Report Q4, 2023 Results on Feb 28, 2024 Stantec Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024 Announcement • Jan 10
Stantec Inc. (TSX:STN) agreed to acquire Morrison Hershfield Group Inc. Stantec Inc. (TSX:STN) agreed to acquire Morrison Hershfield Group Inc. on January 9, 2024. The acquisition to be completed by way of a court approved plan of arrangement, subject to Morrison Hershfield shareholder approval, court approvals, and certain regulatory approvals and transaction expected close in first quarter of 2024. AEC Advisors LLC acted as financial advisor to Morrison Hershfield Group Inc and Bennett Jones LLP acted as legal advisor to Morrison Hershfield Group Inc and Grant Thornton LLP acted as tax advisory to Morrison Hershfield Group Inc. Recent Insider Transactions • Dec 25
President recently bought €730k worth of stock On the 21st of December, Gordon Johnston bought around 10k shares on-market at roughly €71.25 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Gordon's only on-market trade for the last 12 months. Upcoming Dividend • Dec 21
Upcoming dividend of CA$0.20 per share at 0.8% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.9%). Announcement • Dec 06
Stantec Inc. Provides Earnings Guidance for the Fiscal Year 2024 and End of Fiscal Year 2026 Stantec Inc. provided earnings guidance for the fiscal year 2024 and end of fiscal year 2026. For the fiscal year 2024, the company expects net revenue growth to be in the range of 7% to 12%.The company expects at the end of fiscal year 2026 net revenue of $7.5 billion. Announcement • Nov 29
Stantec Inc. has completed a Follow-on Equity Offering in the amount of CAD 250.0275 million. Stantec Inc. has completed a Follow-on Equity Offering in the amount of CAD 250.0275 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 2,703,000
Price\Range: CAD 92.5
Discount Per Security: CAD 3.7 New Risk • Nov 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (51% net debt to equity). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Significant insider selling over the past 3 months (€648k sold). Announcement • Nov 22
Stantec Inc. has filed a Follow-on Equity Offering in the amount of CAD 250.0275 million. Stantec Inc. has filed a Follow-on Equity Offering in the amount of CAD 250.0275 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 2,703,000
Price\Range: CAD 92.5 Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: CA$0.94 (vs CA$0.61 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.94 (up from CA$0.61 in 3Q 2022). Revenue: CA$1.32b (up 14% from 3Q 2022). Net income: CA$103.9m (up 53% from 3Q 2022). Profit margin: 7.9% (up from 5.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 18
Stantec Inc. to Report Q3, 2023 Results on Nov 09, 2023 Stantec Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of CA$0.20 per share at 0.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%). Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: CA$0.79 (vs CA$0.55 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.79 (up from CA$0.55 in 2Q 2022). Revenue: CA$1.28b (up 14% from 2Q 2022). Net income: CA$88.0m (up 45% from 2Q 2022). Profit margin: 6.9% (up from 5.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 28
Stantec Inc. announced that it has received CAD 250 million in funding On June 27, 2023, Stantec Inc. closed the transaction. Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.20 per share at 0.9% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.7%). Announcement • Jun 21
Stantec Inc. announced that it expects to receive CAD 250 million in funding Stantec Inc. announced a private placement of 5.393% senior unsecured notes due June 27, 2030 for gross proceeds of aggregate principal amount of CAD 250,000,000 on June 20, 2023. The notes will be issued at par for aggregate gross proceeds of CAD 250,000,000 and will bear interest at a fixed rate of 5.393% per annum, payable semi-annually on the 27th of June and December of each year, commencing on December 27, 2023. The notes will be direct senior unsecured obligations of the company and will rank pari passu with all of its existing and future senior unsecured indebtedness and senior in right of payment to any future subordinated indebtedness of the company. The notes have been assigned a provisional rating of BBB, with a stable trend, by DBRS Limited (DBRS Morningstar), and are being offered in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation. The transaction is expected to close on or about June 27, 2023, and is subject to customary closing conditions. Announcement • Jun 09
Stantec Inc. (TSX:STN) signed an agreement to acquire Environmental Systems Design, Inc. Stantec Inc. (TSX:STN) signed an agreement to acquire Environmental Systems Design, Inc. on June 8, 2023. The acquisition is expected to close on June 30, 2023. Recent Insider Transactions • May 18
Insider recently sold €269k worth of stock On the 15th of May, Michael Kennedy sold around 5k shares on-market at roughly €53.81 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €292k. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Announcement • May 12
Stantec Inc. Elects Angeline G. Chen as Director Stantec Inc. at the annual meeting of shareholders held on May 11, 2023, Angeline Chen was elected to the board for the first time. Ms. Chen is a corporate attorney with more than 25 years of corporate business experience spanning multiple industries including aerospace and defense, manufacturing, and industrials. She has expertise relating to US national security interests, cybersecurity, risk management, governance, regulatory compliance, and mergers and acquisitions. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: CA$0.58 (vs CA$0.40 in 1Q 2022) First quarter 2023 results: EPS: CA$0.58 (up from CA$0.40 in 1Q 2022). Revenue: CA$1.23b (up 17% from 1Q 2022). Net income: CA$64.9m (up 45% from 1Q 2022). Profit margin: 5.3% (up from 4.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.20 per share at 1.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%). Recent Insider Transactions • Mar 09
Insider recently sold €197k worth of stock On the 7th of March, Michael Kennedy sold around 4k shares on-market at roughly €55.04 per share. This trade did not impact their existing holding. In the last 3 months, they made an even bigger sale worth €292k. Insiders have been net sellers, collectively disposing of €836k more than they bought in the last 12 months. Recent Insider Transactions • Mar 01
Insider recently sold €292k worth of stock On the 27th of February, Michael Kennedy sold around 5k shares on-market at roughly €54.85 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €640k more than they bought in the last 12 months. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: CA$2.23 (vs CA$1.80 in FY 2021) Full year 2022 results: EPS: CA$2.23 (up from CA$1.80 in FY 2021). Revenue: CA$4.46b (up 23% from FY 2021). Net income: CA$247.0m (up 23% from FY 2021). Profit margin: 5.5% (in line with FY 2021). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 16
Stantec Inc., Annual General Meeting, May 11, 2023 Stantec Inc., Annual General Meeting, May 11, 2023. Announcement • Jan 24
Stantec Inc. to Report Q4, 2022 Results on Feb 22, 2023 Stantec Inc. announced that they will report Q4, 2022 results After-Market on Feb 22, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of CA$0.18 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 17 January 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%). Recent Insider Transactions • Dec 08
Executive VP & COO of North America recently bought €87k worth of stock On the 2nd of December, Stuart Lerner bought around 2k shares on-market at roughly €48.21 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €606k more in shares than they bought in the last 12 months. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: CA$0.61 (vs CA$0.63 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.61 (down from CA$0.63 in 3Q 2021). Revenue: CA$1.16b (up 24% from 3Q 2021). Net income: CA$68.0m (down 2.9% from 3Q 2021). Profit margin: 5.9% (down from 7.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: CA$0.61 (vs CA$0.63 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.61 (down from CA$0.63 in 3Q 2021). Revenue: CA$1.16b (up 24% from 3Q 2021). Net income: CA$68.0m (down 2.9% from 3Q 2021). Profit margin: 5.9% (down from 7.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 11
Stantec Inc. Reaffirms Revenue Guidance for Full Year 2022 Stantec Inc. reaffirmed revenue guidance for full year 2022. For the period, the company expects net revenue growth of 18% to 22%, both compared to 2021. Announcement • Oct 14
Stantec Inc. to Report Q3, 2022 Results on Nov 10, 2022 Stantec Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 10, 2022 Announcement • Oct 13
Stantec Inc. (TSX:STN) signed a letter of intent to acquire L2P. Stantec Inc. (TSX:STN) signed a letter of intent to acquire L2P on October 12, 2022. The team at L2P totals 40 and will continue to work out of its current Three Logan Square office for the time being. The deal is expected to close by the end of the year.