07:28 AM EDT, 08/07/2025 (MT Newswires) -- AtkinsRealis Group ( SNCAF ) , a global engineering services and nuclear company, on Thursday reported in-line earnings for the second quarter as revenue beat forecast, while the company revised its outlook.
For Q2, ATRL reported diluted EPS from PS&PM of $0.44, up 13% from $0.39. It also reported adjusted diluted EPS from PS&PM of $0.78, up 59% from $0.49, over Q2 2024 and meeting the consensus FactSet forecast.
It delivered total revenue of $2.72 billion, up from $2.36 billion, beating a forecast $2.69 billion.
Among highlights, the company said it achieved new record-high total company backlog of $20.9 billion; realized $2.6 billion in net proceeds from the Highway 407 ETR interest sale; and repaid $900 million of debt.
On 2025 outlook, ATRL is adjusting its Engineering Services Regions 2025 organic revenue growth outlook over 2024 to mid-single digit percentage, from the previous range of between 7% and 9%, reflecting lower than expected revenue growth in the USLA and AMEA segments, while raising its nuclear revenue outlook for 2025 to between $2.0 billion and $2.1 billion, from the previous range of between $1.9 billion and $2.0 billion, reflecting continued strong revenue growth year-to-date and a new record-high backlog.
The company confirmed all other financial outlook metrics for 2025, issued on March 13 and updated on May 15.
ATRL fell 1.6% on the TSX yesterday.