Financial Information

Stantec’s second quarter 2018 results demonstrate the strength of Consulting Services

August 8, 2018

Our Consulting Services business continues to perform well. We’re focusing on our long-term strategy, meeting targets, growing organically, and reducing costs.

Though we believe that our core Construction Services business is solid, several legacy projects continued to negatively impact results. We have placed a hold on hard-bid projects outside our area of expertise, we are winding down our exposure to the UK waste-to-energy market, and we continue to make positive progress on our strategic review.

Gord Johnston
President & CEO