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GlobeNewsWire
1 month ago
Stantec reports second quarter 2025 results, delivering over 20% growth in adjusted earnings per share and increases its 2025 outlook
Highlights Net revenue of $1.6 billion, an increase of 6.9% compared to Q2 2024 Adjusted EBITDA1 increase of 15.0% to $284.4 million and adjusted EBITDA margin1 of 17.8%, a 120 basis point increase over Q2 2024 Diluted EPS of $1.19 and adjusted EPS1 of $1.36, up 63.0% and 21.4%, respectively, compared to Q2 2024 Contract backlog of $7.9 billion, up 9.9% year-over-year, including 9% organic growth Acquired Cosgroves, a 90-person industry-leading firm, expanding buildings engineering capabilities in New Zealand Closed the acquisition of Page, a 1,400 person US-based design, architecture and engineering firm Increased guidance for net revenue, EBITDA margin, adjusted diluted EPS and adjusted ROIC to reflect strong performance year-to-date and the closure of the Page acquisition. EDMONTON, Alberta and NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable engineering, architecture and environmental consulting, released its second quarter 2025 results today which were underpinned by the continued demand for Stantec's services and solid project execution.