Stantec news

Stantec secured a significant US$150 million contract with strong growth potential, demonstrating its leadership in coastal resilience projects. The award strengthens its position with USACE and expands opportunities in major coastal markets. The company's proven track record on similar projects and partnership with JMT further validates its capabilities.

The succession plan demonstrates strong corporate governance and continuity. The incoming CEO has 30+ years of industry experience and was promoted from within, indicating organizational strength. Leadership emphasizes stability, confidence in future direction, and a clear strategic path forward. The planned transition is orderly and well-prepared, reducing uncertainty typically associated with executive changes.

Strong financial performance with double-digit growth in adjusted EPS (14.7%), EBITDA (13.8%), and net revenue (9.1%). Record contract backlog of $9.0 billion provides strong visibility for future growth. Improved EBITDA margins (70 bps increase) and solid organic growth across all regions demonstrate operational excellence. Management's positive outlook and reaffirmed guidance support continued momentum.

Stantec is included as a key partner in the project delivery team, providing design and engineering services for a major national defence infrastructure initiative.

Company delivered record financial results across multiple metrics including revenue growth (10.7%), EBITDA growth (16.7%), and EPS growth (19.9%). Achieved strategic margin targets ahead of schedule, increased dividend by 8.9%, generated strong operating cash flows (up 43.1%), and provided positive 2026 guidance with expected continued growth. Strong backlog of $8.6 billion provides visibility into future revenue.