Record Backlog Achieved
AtkinsRéalis reached a record high backlog of $21 billion, driven primarily by demand in Engineering Services and Nuclear.
Strong Nuclear Growth
Nuclear revenue organically grew 56% to a quarterly record high of $567 million, with backlog increasing 223% year-over-year.
Successful Capital Allocation Activities
The company closed the acquisition of a majority stake in David Evans, and completed the sale of its interest in Highway 407, resulting in total proceeds of approximately $2.6 billion. They also paid down $900 million in debt and repurchased 9 million shares.
Positive EPS and EBITDA Growth
Adjusted EPS increased by 59% to $0.78 per diluted share, and adjusted EBITDA for the AtkinsRéalis Services segment increased 21% to $246 million.