Q4 2024 Stantec Inc Earnings Call Transcript

Feb 25, 2025 / 09:30 PM GMT

Release Date Price: C$119.93 (+10.02%)

Transcript

Key Points

Positve

Stantec Inc (STN) reported a record year in 2024 with net revenues of $5.9 billion, up 15.8% from 2023.
The company achieved double-digit organic growth in the US and high single-digit growth in Canada and globally in Q4 2024.
Adjusted EBITDA grew by 18% to $980 million, with an enhanced margin of 16.7%, reflecting a 30 basis point increase.
Stantec Inc (STN) was recognized as one of the world's most sustainable companies, ranking 8th overall and 1st among industry peers.
The company's backlog reached a record $7.8 billion, representing a 24.1% increase from December 2023, indicating strong demand for its services.

Negative

Organic backlog growth in the global segment was relatively flat, primarily due to timing issues in New Zealand and the UK.
The company experienced high project burn rates on major water projects in New Zealand, affecting backlog conversion.
While the US administration's commitment to economic growth is positive, there is uncertainty about potential disruptions to projects due to shifting priorities.
The company's exposure to USAID is limited, but there is potential for minor disruptions in project funding.
Stantec Inc (STN) faces challenges in maintaining its project margins, with global operations skewing lower than North America.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

STN.TO - Stantec Inc
Q4 2024 Stantec Inc Earnings Call
Feb 25, 2025 / 09:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Welcome to Stanech's 4th quarter and full year 2024 results webcast and conference call. Leading the call today are Gore Johnston, President and Chief Executive Officer, and Vito Coloni, executive Vice President and Chief Financial Officer.

Stantec invites those dialing in to view the slide presentation, which is available in the investor section at stantech.com.

Today's call is also webcast. Please be advised that if you have dialed in while also viewing the webcast, you should mute your computer as there is a delay between the call and the webcast. All information provided during this conference call is subject to the forward-looking statement qualifications set out on slide 2, detailed in Stanech's management discussions and

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.