Stantec (STN) Tops Q4 EPS by 5c, Revenues Beat

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Stantec Announces Fourth Quarter and Full Year 2018 Results and Dividend Increase

February 28, 2019 6:45 AM EST

EDMONTON, Alberta & NEW YORK--(BUSINESS WIRE)-- Stantec today announced its financial results for the quarter and year ended December 31, 2018. For Stantec, 2018 was a year of transition as we returned to our core business as a pure-play design consulting firm, said Gord Johnston, Stantecs president and chief executive officer. Consulting Services strong financial performance achieved the 2018 targets we established at the start of the year, demonstrating our commitment and ability to deliver continued organic growth, achieve disciplined growth through our proven acquisition strategy, and operate effectively.

In 2018, Stantec achieved a key element of its strategic objectives with the divestiture of its... More