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AtkinsRealis Q3 Adjusted Profit, Revenue Increase
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AtkinsRealis Q3 Adjusted Profit, Revenue Increase
Nov 15, 2024 12:44 PM

07:03 AM EST, 11/14/2024 (MT Newswires) -- AtkinsRealis ( SNCAF ) on Thursday said third-quarter adjusted profit and revenue rose.

The engineering services and nuclear company said adjusted profit attributable to shareholders from professional services and project management (PS&PM) increased 64% to $110.1 million, or $0.63 per diluted share, from $67.3 million, or $0.38 per diluted share, last year.

Services revenue increased 15% to $2.3 billion. Engineering Services regions revenue, which totaled $1.8 billion, was 9.7% higher, while nuclear revenue increased 36.4% to $368.9 million.

The company will pay a quarterly dividend of $0.02 on Dec.12.

"We delivered strong organic growth in the third quarter, building on the exceptional performance from the first half of this year and second half of 2023," said Ian L. Edwards, President and CEO. "Over the last few years, we have simplified our business and positioned our operational focus towards high growth geographies and end-markets, which translated again this quarter into top-line improvement across many of our geographies, as the global demand for a sustainable future continues."

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