financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Business
financetom
/
Business
/
S&P Revises Outlook on SNC-Lavalin Group to Positive From Negative on Strong Financial Performance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
S&P Revises Outlook on SNC-Lavalin Group to Positive From Negative on Strong Financial Performance
Mar 21, 2024 8:33 AM

11:05 AM EDT, 03/21/2024 (MT Newswires) -- S&P Global Ratings on Wednesday revised its outlook on SNC-Lavalin Group Inc.'s ( SNCAF ) dba AtkinsRealis (ATRL.TO) to positive from negative and affirmed the BB+ issuer credit rating and BB+ issue-level rating on its unsecured notes.

The positive outlook reflects the expectation for the company to generate positive organic revenue growth, relatively stable EBITDA margins, and a significant increase in free operating cash flow generation over the next couple of years could result in an upgrade.

The outlook revision comes after SNC-Lavalin Group's ( SNCAF ) earnings and cash flow generation have been trending stronger than previously expected, the rating agency said.

Price: 55.65, Change: -0.06, Percent Change: -0.11

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
National Storage Affiliates Trust Q2 Core FFO, Revenue Decline; 2025 Core FFO Guidance Cut
National Storage Affiliates Trust Q2 Core FFO, Revenue Decline; 2025 Core FFO Guidance Cut
Aug 4, 2025
05:41 PM EDT, 08/04/2025 (MT Newswires) -- National Storage Affiliates Trust ( NSA ) reported Q2 core funds from operations late Monday of $0.55 per share, down from $0.62 a year earlier. Analysts polled by FactSet expected $0.58. Revenue for the quarter ended June 30 was $188.8 million, down from $190.4 million a year earlier. Analysts surveyed by FactSet expected...
 Sitio Royalties Q2 Earnings, Revenue Decline
Sitio Royalties Q2 Earnings, Revenue Decline
Aug 4, 2025
05:43 PM EDT, 08/04/2025 (MT Newswires) -- Sitio Royalties ( STR ) reported Q2 earnings late Monday of $0.08 per diluted share, down from $0.15 a year earlier. Analysts surveyed by FactSet expected $0.05. Revenue for the quarter ended June 30 was $145.7 million, down from $168.5 million a year earlier. Analysts polled by FactSet expected $141.4 million. Sitio said...
 Marriott Vacations Worldwide Q2 Adjusted Earnings, Revenue Rise
Marriott Vacations Worldwide Q2 Adjusted Earnings, Revenue Rise
Aug 4, 2025
05:43 PM EDT, 08/04/2025 (MT Newswires) -- Marriott Vacations Worldwide ( VAC ) reported Q2 adjusted earnings late Monday of $1.96 per diluted share, up from $1.10 a year earlier. Analysts polled by FactSet expected $1.77. Revenue for the quarter ended June 30 was $1.25 billion, up from $1.14 billion a year earlier. Analysts expected $1.22 billion. For fiscal 2025,...
 Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2026 - www.financetom.com All Rights Reserved