SNC-Lavalin reports a 73 per cent drop in first-quarter profit GlobeBusiness
SNC-Lavalin Group Inc on Thursday reported a 73 per cent drop in quarterly profit, as the Canadian construction and engineering firm was hit by higher expenses, loss of a mining contract and delay in claim settlements.
The Montreal-based company’s adjusted net income attributable to shareholders fell to $36.9-million, or 21 Canadian cents per share, in the first quarter ended March 31, from $136-million, or 77 Canadian cents per share, a year earlier.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Simpsons' Shows PM Crawling Out Of Office To Evade SNC-Lavalin Question'Simpsons' shows PM crawling out of office to evade SNC-Lavalin question
Read more »
Conservatives fundraising over SNC-Lavalin lawsuit threatConservative Party spokesman Cory Hann said the party has raised more than $100,000
Read more »
Conservatives cash in big from SNC-Lavalin anger - Macleans.caPolitics Insider for April 30: Scheer's fundraising record, campaign frenzy and how to respond to China's canola ban
Read more »
Former SNC-Lavalin director demanding shareholder vote on Highway 407 saleStephen Jarislowsky, a former director of SNC-Lavalin Group Inc. and one of Canada's most outspoken investment managers, is demanding a shareholder vote on the company's decision to sell the bulk of its stake in Ontario's 407 toll highway operator for $3.25 billion.
Read more »
Liberals wouldn't take hidden SNC-Lavalin money now, Trudeau saysPrime Minister Justin Trudeau says today's federal Liberal party wouldn't accept political donations like those that got SNC-Lavalin in trouble in the late 2000s.
Read more »
Federal political parties rake in cash in first quarter with election looming in OctoberConservatives break record for highest level of donations ever in any Q1 but Liberals’ tally also grows substantially despite SNC-Lavalin controversy.
Read more »
Investing icon Stephen Jarislowsky calls for vote on SNC’s ‘cruel and Machiavellian’ Highway 407 saleCanadian investing veteran says SNC should keep 407 because he doubts engineering business can be rebuilt
Read more »
In SNC-Lavalin saga, everyone wants you to know they've turned over a new leaf - Macleans.caPolitics Insider for May 1: SNC's big Liberal donors revealed, Liberals trail Tories in fundraising, and Kenney sworn in
Read more »
The SNC-Lavalin saga: 'Aarggh ... enough already!' - Macleans.caLetters to the editor, May 1, 2019: Readers weigh in on cheating for our kids, the politics of retirement and more
Read more »