Stantec ( (STN) ) has released its Q1 earnings. Here is a breakdown of the information Stantec presented to its investors.
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Stantec is a global leader in sustainable engineering, architecture, and environmental consulting, providing innovative solutions to manage infrastructure, demographic changes, and the energy transition.
In its first quarter of 2025, Stantec reported a strong performance with a 29% increase in adjusted earnings per share and a record backlog of $7.9 billion, reflecting robust demand and effective project execution.
Key financial highlights include a 13.3% increase in net revenue to $1.6 billion, driven by organic and acquisition growth, and a 19.1% rise in adjusted EBITDA to $252.3 million. The company also reported a 29.4% increase in diluted EPS to $0.88 and a 28.9% rise in adjusted EPS to $1.16. Strategic acquisitions, including Ryan Hanley and Page, are set to enhance Stantec’s capabilities and market position.
Looking ahead, Stantec reaffirms its 2025 guidance, anticipating net revenue growth of 7% to 10% and adjusted EPS growth of 16% to 19%. With a strong backlog and strategic acquisitions, the company is well-positioned for continued growth and success in the coming year.