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Posted by
Two Blokes May 14 -
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Stock
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Highlights Record net revenue of $1.6 billion, an increase of 13.3% compared to Q1 2024 Adjusted EBITDA¹ increase of 19.1% to $252.3 million and adjusted EBITDA margin¹ of 16.2%, a 70 basis point increase over Q1 2024 Diluted EPS of $0.88 and adjusted EPS¹ of $1.16, up 29.4% and 28.9%, respectively, compared to Q1 2024 Confirms full-year guidance and achieved record backlog of $7.9 billion, up 12.8% over Q1 2024 Acquired Ryan Hanley, a 150-person engineering and environmental consultancy firm in Ireland, strengthening Stantec's offering in the Irish water sector Entered into a definitive purchase agreement to acquire Page, a 1,400-person US-based design, architecture and engineering firm. The acquisition will position Stantec to become the second largest architecture firm in the US.
