Home Truths: the housing challenge facing low to middle income BritainResolutionFoundation
Vidhya Alakeson's slides from Resolution Foundation event on housing affordability
Full details at http://www.resolutionfoundation.org/events/home-truths-scale-britains-housing-crisis-and-how-/
#hometruths
The sleek and sporty 2014 Mercedes-Benz CLA-Class is highly anticipated by customers going to our Mercedes-Benz dealer serving Orange County, Walter's Automotive.
Techdays 2013 managing your hybrid cloud datacenter with scom 2012 and what’s...wwwally
Monitoring beperkt zich niet meer tot de status van een server in uw data center SCOM kijkt naar meer veel meer, ook naar componenten buiten de muren van uw data center. Na een introductie over de bestaande functionaliteit in SCOM 2012 laat ik in deze sessie zien dat SCOM in staat Azure applicaties te monitoren met de uitgebreide mogelijkheden van Application performance monitoring (APM) en dat vanuit een wereldwijd perspectief door gebruik te maken van Global Service monitor (GSM). Naast de monitoring van cloud dienst wil ik graag laten zien wat er binnen ACS en welke keuze u moet maken om dit goed in te richten. Daarnaast een overzicht van de verbeteringen die in APM binnen SCOM 2012 SP1 toegevoegd.
SNC-Lavalin
We are fortunate to be one of few companies in the world with the
resources and capabilities to invest in, design, build, and then operate
and maintain infrastructure and power facilities that improve lives.
HUB:BLE-1 Boosting Local Enterprise - Business AdviceSpace IDEAS Hub
HUB:BLE-1 Boosting Local Enterprise -
Session 2 - Business Advice
Including: Business loans without banks, export marketing research, supportive environments for business and satellite applications catapult
Home Truths: the housing challenge facing low to middle income BritainResolutionFoundation
Vidhya Alakeson's slides from Resolution Foundation event on housing affordability
Full details at http://www.resolutionfoundation.org/events/home-truths-scale-britains-housing-crisis-and-how-/
#hometruths
The sleek and sporty 2014 Mercedes-Benz CLA-Class is highly anticipated by customers going to our Mercedes-Benz dealer serving Orange County, Walter's Automotive.
Techdays 2013 managing your hybrid cloud datacenter with scom 2012 and what’s...wwwally
Monitoring beperkt zich niet meer tot de status van een server in uw data center SCOM kijkt naar meer veel meer, ook naar componenten buiten de muren van uw data center. Na een introductie over de bestaande functionaliteit in SCOM 2012 laat ik in deze sessie zien dat SCOM in staat Azure applicaties te monitoren met de uitgebreide mogelijkheden van Application performance monitoring (APM) en dat vanuit een wereldwijd perspectief door gebruik te maken van Global Service monitor (GSM). Naast de monitoring van cloud dienst wil ik graag laten zien wat er binnen ACS en welke keuze u moet maken om dit goed in te richten. Daarnaast een overzicht van de verbeteringen die in APM binnen SCOM 2012 SP1 toegevoegd.
SNC-Lavalin
We are fortunate to be one of few companies in the world with the
resources and capabilities to invest in, design, build, and then operate
and maintain infrastructure and power facilities that improve lives.
HUB:BLE-1 Boosting Local Enterprise - Business AdviceSpace IDEAS Hub
HUB:BLE-1 Boosting Local Enterprise -
Session 2 - Business Advice
Including: Business loans without banks, export marketing research, supportive environments for business and satellite applications catapult
ORBCOMM is committed to maximizing shareholder value. We continue to increase the number of subscriptions activated on our dedicated industrial IoT and M2M satellite constellation. We have an established global network and proven technology, a low-cost structure as well as key distribution and OEM customer relationships. We also have a comprehensive subscriber management platform that will further enhance our value to our customers and provide new ongoing revenue streams.
ORBCOMM is committed to maximizing shareholder value. We continue to increase the number of subscriptions activated on our dedicated industrial IoT and M2M satellite constellation. We have an established global network and proven technology, a low-cost structure as well as key distribution and OEM customer relationships. We also have a comprehensive subscriber management platform that will further enhance our value to our customers and provide new ongoing revenue streams.
ORBCOMM is committed to maximizing shareholder value. We continue to increase the number of subscriptions activated on our dedicated industrial IoT and M2M satellite constellation. We have an established global network and proven technology, a low-cost structure as well as key distribution and OEM customer relationships. We also have a comprehensive subscriber management platform that will further enhance our value to our customers and provide new ongoing revenue streams.
ORBCOMM is committed to maximizing shareholder value. We continue to increase the number of subscriptions activated on our dedicated industrial IoT and M2M satellite constellation. We have an established global network and proven technology, a low-cost structure as well as key distribution and OEM customer relationships. We also have a comprehensive subscriber management platform that will further enhance our value to our customers and provide new ongoing revenue streams.
Urban Mobility
SNC-Lavalin keynotes for the ITS World Congress
Authors:
- Donna M. Huey Senior Vice-President, Client Technology Director, Atkins
- Philippe Morais Regional Director – Eastern Canada, Rail & Transit, Infrastructure, SNC-Lavalin
The AFCR and its Contributions to the Back End of the Fuel CycleSNC-Lavalin
Catherine Cottrell's presentation for the World Nuclear Fuel Cycle Conference 2017 in Toronto.
Catherine Cottrell is a Project Engineering Manager, AFCR & NUE at SNC-Lavalin
Recovering Downstream Market Yields Opportunity by Richard NealeSNC-Lavalin
Downstream Business │ December 2016 │Infrastructure │With downstream technology largely established, owners are examining new contract structures and greater collaboration to control costs.
The Interview - Steve Gill - MIDSTREAM Business nov/dec 2016SNC-Lavalin
Interview with Steve R. Gill, CEO of Production & Processing Solutions in the Oil & Gas Division of SNC-Lavalin.
Interview by Paul Hart, MIDSTREAM Business.
MIDSTREAM Business, nov/dec 2016
Infographie - Gestion de projet par SNC-Lavalin pour la mine aurifère ÉléonoreSNC-Lavalin
SNC-Lavalin a été reconnue par les grand-prix canadiens du génie-conseil 2016 dans la catégorie Gestion de projet pour le projet de mine aurifère Éléonore.
Key Developments in Advanced Fuel Cycles and SNC-Lavalin's Vision for the FutureSNC-Lavalin
The nuclear industry is facing increasing pressure to ensure the sustainability of nuclear resources, the effective management of spent fuel and to improve the overall efficiency of nuclear technology. These market needs have led to a revitalized interest in advanced fuel cycle technologies. SNC-Lavalin is leading the path towards closing the fuel cycle with innovative fuel flexible solutions including: the Advanced Fuel CANDU Reactor (AFCR), capable of utilizing recycled uranium and thorium-based fuels; the CANMOX EC6 Reactor, designed to utilize plutonium-based fuels; and Natural Uranium Equivalent (NUE) fuel, a mixture of recycled and depleted uranium, a by-product of fuel enrichment processes.
Speaker: Catherine Cottrell
Nuclear markets and their growth in the US and UK.
Delivered by: Tony Morris (Director, Marketing & Business Development) for the Canadian Nuclear Society's Annual Conference
AFCR and its contribution to a sustainable fuel cycleSNC-Lavalin
The CANDU reactor is the most efficient technology for utilizing advanced fuel cycles due to its inherent characteristics and allows countries to gain resource independence and produce energy from otherwise waste products. In order to take advantage of these characteristics, SNC-Lavalin has been working internationally to help countries disposition their nuclear material inventories.
Delivered by: Justin Hannah (Director, Marketing & External Relations, Nuclear) at the Canadian Nuclear Society's 2016 Annual Conference
Catching the wave - Taking advantage of carbon awareness after COP21SNC-Lavalin
Public engagement - how can we better communicate the risks and benefits of nuclear technology?
Delivered by: Katherine Ward (Director, Communications, Power) at the Canadian Nuclear Society's 2016 Annual Conference
Advanced Fuel CANDU Reactor & the Fuel CycleSNC-Lavalin
Preston Swafford, our Chief Nuclear Officer & Executive Vice-President of our Nuclear team, recently gave this presentation at the 20th Pacific Basin Nuclear Conference in Beijing, China. He spoke about our collaboration with China to develop the Advanced Fuel CANDU Reactor™ (AFCR), a nuclear reactor designed to use recycled uranium and thorium as fuel. We are working to help China achieve its long-term goals of closing its nuclear fuel cycle, increasing energy independence and reducing carbon emissions through widespread deployment of nuclear.
Bâtir l'avenir - Discours de Neil Bruce à l'Empire Club du CanadaSNC-Lavalin
Assurer la bonne continuation d’une entreprise n’est pas chose facile. Dans une industrie en consolidation rapide qui a été confrontée à des problèmes d’éthique, les enjeux se révèlent encore plus importants et les défis, plus nombreux. Les décisions prises et la direction empruntée aujourd’hui façonnent l’avenir de l’entreprise. Quels sont alors les facteurs clés pour non seulement atteindre les objectifs à court et à moyen terme, mais aussi assurer une croissance durable à long terme? Neil Bruce présentera sa vision sur la façon dont l’ingénierie contribue à bâtir un monde meilleur, et les facteurs nécessaires pour réussir en tant que firme d’ingénierie et de construction internationale.
Shaping the Future - Neil Bruce's speech at the Empire Club of CanadaSNC-Lavalin
Turning around a company in a fast consolidating industry that has faced ethical concerns raises the stakes and presents multiple challenges. Decisions and direction taken today shape a company’s future. So what are the components that not only meet long term objectives, but also ensure sustainable growth for the long term? Neil Bruce will outline his thoughts on how engineering shapes our world for the better, and what it takes today to succeed as an international E&C firm.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
2. Welcome to the 2015
Annual General Meeting
Today, I will talk about the continued
turnaround of SNC-Lavalin, our
strengths and how these are
translating into a competitive
advantage, as well as the path
forward. We will also review key
financial results for 2014.
2
3. Hard at work for you
Our employees make us who
we are. Across over 50 countries,
our over 40,000 employees are hard
at work, committed to excellent
quality and client service, creating
value for investors, clients, partners
and the communities we serve.
3
50
countries
40,000
employees
3
4. Safety is a
core value
4
No matter where in the world – we
put people first and our goal is simple:
zero incidents, for our employees, clients,
supply chain, and most importantly the
people in our communities who make
use of our projects every day.
5. As a demonstration of our
performance, last year we
reduced the total number
of recordable incidents by
25% and lost-time injuries
by 23%, compared to 2013.
5
25%
incidents
23%
lost-time
injuries
6. A benchmark
in ethics and
compliance
This is complemented by our
commitment to serve our clients
and communities according
to the highest ethical standards.
We believe that we have become
a global benchmark in ethics and
compliance in our industry.
6
7. Prevent
› Tone from the Top
› Policies and Procedures
› Compliance Risk Management
› Training & Communication
› Support and Advice
› Business Partner Due Diligence
› M&A Due Diligence
› Personnel Processes
› Collective Action
Detect
› Effective Controls
› Resources & Skills for Global
Investigations
› Regular E&C Audits
› Compliance Reviews
› Ethics & Compliance Hotline
Respond
› Disciplinary Sanctions
› Unbiased Consequences
› Remediation of Systematic
Deficiencies
› Prevention of Recurrence
A benchmark in ethics & compliance
In order to protect employees, shareholders and other stakeholders, we developed
an ethics and compliance system following worldwide best practices to Prevent,
Detect and Respond to issues. We have been recognized for the concrete actions,
significant efforts and progress over the last three years.
7
8. 8
The federal charges laid last February do not affect our right or ability
to bid or work on any public or private projects, as we saw with a number
of subsequent successful federal bids including the recent announcement
of the Champlain bridge replacement here in Montreal.
While our ethics & compliance system is
effective, we continue to work hard to resolve
the related remaining external issues.
As proof of our resolve, we were recognized as a victim in Swiss proceedings against a former employee where we
recovered certain amounts of money, and continue to pursue certain former employees for the damage they caused.
Regarding the new act for recovery of amounts (Bill 26) in Quebec, the Government is preparing the related regulations.
Once in place, we remain committed to discuss and reach a settlement that is final, fair and all-encompassing.
9. Keeping Canada competitive
Nevertheless, Canadian business should have the same policies that already exist
in many countries, such as the US, UK and other G-7 countries, which ensure
accountability and promote competitiveness. This would be good for Canada,
Canadian companies and their employees.
As we said on February 19, SNC-Lavalin has already incurred significant financial damage
and losses as a result of actions taken prior to March 2012. We have always been and
remain willing to reach a reasonable and fair solution that promotes accountability, while
permitting us to continue to do business and protect the livelihood of our over 40,000
employees, clients, investors and other stakeholders.
9
At the recent federal budget, the government announced enhancements to the Integrity
Framework. However, the focus of this framework is limited to procurement of goods and
services for the Government of Canada. As stated above, additional steps are necessary
to keep Canadian companies competitive from overseas sanctions.
Integrity Framework
10. Sustainable
project
execution
We are also recognized for our
sustainable project execution. What really
counts and what makes employees and
clients proud is our tangible contribution
and the way our projects improve
people’s lives.
10
11. Sustainable project execution
Our expertise adds value to our communities,
business partners, governments and
other stakeholders, such as:
11
Improving environmental
footprints and lifecycle
values of our clients’ projects
Building local prosperity
by sourcing, hiring and
investing locally
Reducing energy
consumption, resource
use and carbon emissions
Engaging with communities
and stakeholders around
sustainability issues
Helping our clients
with their social
license to operate
Embedding sustainability
into our projects,
processes, and decisions
12. Sustainable project execution
Some of these examples from around the world show our sustainable expertise.
Health
We are providing Montreal
with some of the most
advanced medical
facilities in the world.
Carbon Capture
Boundary Dam power plant
is the largest carbon capture
project in the world, now
operating successfully.
Urban Development
& Accessibility
Ottawa’s Confederation
Line is transforming the
transportation network
in that city.
Environmental
Protection & Clean Power
The John Hart Generating Station Replacement
Project on Vancouver island will help protect
downstream fish habitat. Putting the powerhouse
underground will only leave trees and nature above
ground, as well as enhance public safety and
reduce the project’s environmental footprint.
12
13. End-to-end services
SNC-Lavalin has a unique ability to offer the full spectrum of end-to-end services
to our clients through the entire lifecycle of their projects – from project finance
to consulting, design, engineering, construction and O&M.
Tremendous potential
Great
clients
Tier-1
projects
World-class
talent
A solid foundation
Our past achievements and future success are based on strong
fundamentals that continue to differentiate our remarkable company.
A strong
financial
position
13
14. 14
An attractive
partner,
investment
and employer
Add to that a vast geographic footprint and
rigorous processes and tools, and you get a
winning combination that allows us to meet
diverse client needs in key growth regions
and deliver projects around the world.
SNC-Lavalin has been around for over
100 years, and these are the qualities
that will make us successful for the
next 100 years.
15. 15
PowerInfrastructure Oil & GasMining & Metallurgy
The SNC-Lavalin advantage
Our Tier-1 clients want to work with Tier-1 partners like us. This is a competitive
advantage in all our market sectors – Infrastructure, Power, Mining & Metallurgy
and Oil & Gas – where we have strong market positioning, diversification and
integration on development projects.
16. ICI – a competitive advantage
Our ICI approach brings a clear competitive advantage by adding significant
upside value to customers and investors through a disciplined approach to
investing, managing and monetizing projects, in conjunction with robust access
to capital and financing. Our proven ability to leverage our engineering and
construction expertise at the right time has created value for the company
and our shareholders. AltaLink is a good example of this.
Shareholder
Value
=Monetize at the
best possible time to
get the best value.
Monetize
Add expertise
in engineering
& construction,
operations, finance.
Develop
Acquire
an asset.
Invest
16
OTTAWA’S
CONFEDERATION LINE
17. We are moving forward in a deliberate
manner on the sale of Highway 407
this year, and have hired
financial advisors to assist.
17
We are accelerating the process
to extract maximum value from
our remaining ICI assets, and
optimizing our financial asset
management structure as we
further develop this sector
of our business.
18. People
A dedicated, mobile,
diverse workforce led
by a talented, new and
complete executive team
Processes
Effective cost management
capabilities and SG&A control
Systems
Modern systems in
project delivery, business
development, ethics &
compliance, IT, finance and HR
Key elements for growth
Our strategy and determination are to grow and improve, and we have made
headway in project delivery and business development, by focusing on:
18
19. Well positioned globally
Examples of projects across the world
Matala Dam
19
West Alberta
Transmission Line
Evergreen
Line Rapid Transit
John Hart Generating
Station Replacement
Fort Hills Oil Sands Project
Agrium Vault Potash Expansion
Darlington Retube and
Feeder Replacement
CANDU stations
Ecopetrol
Phoenix Thermal Power Plant
Antucoya Copper Mine
Cerro Negro Norte Iron Ore Mine
Embalse
Nuclear Generating Station
Vargem Grande Itabiritos Project
Iron Ore Processing Facility
Shriners Hospital
for Children
Confederation Line
Light Rapid Transit
Highway 407
Expansion
Vale Sudbury Atmospheric
Emissions Reductions Project
Renard
Diamond Mine
Mayotte Airport
Ambatovy
Gorgon Liquefied
Naturel Gas Project
Ichthys Liquefied
Natural Gas Project
Sakhalin LNG,
Siberia, Russia (O&G)
Ma’aden Sulphuric Acid Plant
Pearl Gas-to-Liquids Facilities
Qatalum Aluminum
Smelter Project
Emall II Aluminium Plant
Tabreed District Cooling System
Saudi Arabia
General Engineering Services Plus
Skikda Combined Cycle
Power Plant
Jifco Acid Complex, Eshidya
PKN Orlen
Thermal Power Plant
Network Rail on their National
ETCS Programme
Stockholm red line
Fouka Desalination
Plant
Candu reactor,
Qinshaw site
Moatize Expansion:
Nacala Port (MENP) Project
PRASA Fleet Renewal
Program
200 MMscf/d Cryogenic Plant
20. 20
We have a video on three of these
project achievements that include
updates from our leaders.
Chris Brown will give more depth to the
added value Kentz brings to our family,
followed by Marie-Claude Dumas from
our Power team and Ian Edwards
from Infrastructure.
Projects
at a glance
21.
22. 22
Where we are, and where we’re going
We are moving
forward on
our strategy
announced
in 2013.
We made great progress on
our goal to generate stable,
above-average, long-term
profitability, and are aiming to
double our revenue between
2013 and 2018.
We continue to focus on
growth and improvements
as part of our recovery effort
to achieve industry median,
and then aspire
to reach upper quartile,
financial performance*.
* Current E&C industry median and upper quartile: 6% to 8% EBITDA / Revenue ratio.
23. It’s all about our clients
By providing clients with top-notch expertise, knowledge,
and on time and on budget project delivery, we will ensure
profitable growth and rewards for our shareholders.
› Great talent so our clients
can have their “A” Teams
› Show agility and responsiveness
› Win contracts where we have
a competitive advantage
› Leverage Kentz’s geographic
footprint and success factors
Areas
of strength
23
Areas of focus that
we are delivering on
› The right efficient systems
› Continue our plan towards a simple,
lean structure
› Continuously improve our project execution
› Deliver on a new backlog with better margins
24. 24
Transformative action
We created a company that is better positioned
to succeed and have shown our capacity to transform.
Rebalanced our ICI portfolio
to unlock additional value
and seize strategic growth
opportunities. Monetized
our mature asset AltaLink
and gained a new partner
in MidAmerican Transmission,
a division of Berkshire
Hathaway Energy.
AltaLink sale
Successfully acquired and
integrated Kentz which has
brought us one step closer
to doubling our size.
Kentz acquisition
Launched a restructuring
plan and reduced our selling,
general and administrative
(SG&A) expenses to boost
efficiency.
Improving internal
processes
25. Kentz –
a value
accretive
acquisition
And now, let me
introduce you to Neil Bruce,
Chief Operating Officer,
who will give us an overview
of the Kentz acquisition
and integration to date.
25
26. Kentz – a value accretive acquisition
The acquisition of one of the world’s
top oil and gas service providers
has transformed our capabilities in
the sector, creating a group of over
20,000 high-caliber employees with
end-to-end expertise for large and
complex projects.
The result is an enhanced, Tier-1
offering to clients, and we have
long-standing relationship-based
repeat business with 70% of
revenues from blue-chip majors.
26
27. Kentz – a value accretive acquisition
Kentz brought us an incredible pool of top talent with complementary,
high-end O&G engineering, construction and sustaining capital expertise.
We have worked on 5 of Australia’s 7 Liquid Natural Gas projects.
By year-end, we had successfully completed our integration program, which starting in
2015, should generate $70 million in synergies, $20 million more than originally forecasted.
Despite current low oil prices, Kentz has continued to deliver value, with
new contracts signed, including over $1 billion worth in the Middle East alone.
› Two contracts in the Middle East worth over $500 million combined.
› 1/3 of O&G backlog is sustaining capital services, a crucial market in current climate.
› About 50% of work is with national (state) oil companies.
› Extensive gas capabilities, with different market drivers.
27
28. Kentz – more than oil and gas
Identified billions worth of projects where we
have a stronger bid as a combined business.
The combined Oil & Gas team is collaborating on several large power contracts,
as well as on infrastructure projects that will continue beyond 2016.
We’ve broadened our geography.
Kentz engineers are actively helping our Mining & Metallurgy
experts develop opportunities in North America, Australia and Africa.
Our geographic and service line mix, combined with an agile structure
means we are able to move quickly to meet the evolving needs of our clients.
28
29. Delivering on our strategy
Proforma*
with Kentz
Revenue
≈$10.0 B
*Based on 2014 revenues
and Q4 2014 projected
Kentz revenues
9%
ICI
9% 1%
E&W
13%
35%
Kentz
4%
O&G
12%
O&M
17%
I&C
29
› Building a world-class, profitable
Oil & Gas offering.
› $10B E&C firm with increased scale.
› Leveraging a global presence across
4 key sectors – Oil & Gas, Power,
Infrastructure, Mining & Metallurgy.
31. Financials SNC-Lavalin has a strong financial position
and has right-sized its operations, aiming
to deliver sustainable net income growth.
We saw growth from our backlog, revenues
and net income, all in the face of softening
world commodity markets.
Our goal is to grow organically
and through acquisitions.
31
32. Financials
At the end of 2014,
revenue backlog stood
at $12.3B and cash and
cash equivalents at
$1.7B, compared to
$8.3B and $1.1B
respectively, in 2013.
12.3
12 1311 14
8.3
10.110.1
1.7
1.1
1.21.2
12 1311 14
Revenue backlog
(IN BILLIONS CA$)
Cash and cash equivalents
(IN BILLIONS CA$)
32
33. Financials
We finished the year with
$8.2B in revenues
compared to $7.9B in 2013,
and trending towards $10B
in 2015.
2014 adjusted net income
was $374M compared to
$112M in 2013.
Revenues
(IN BILLIONS CA$)
8.2
12 1311 14
7.98.1
7.2
377
306
36
1,333 Net income,
as reported
(IN MILLIONS CA$)
Net income,
adjusted
(IN MILLIONS CA$)
112
374
33
34. Financials
In 2014, we increased
our dividends by 4%,
maintaining a trend of
increases for each of
the past 14 years.
Dividends
(IN CA$)
0.97
12 1311 14
0.93
0.89
0.85
10
0.72
34
35. We did what we
said we would do
35
Divested mature assets
Grew through an
accretive acquisition
Improved our base business
Became a benchmark in
Ethics & Compliance
› Transformed oil and gas
business through Kentz
› Restructuring and right-sizing areas
of the business with operations
› Increase less risky cost-plus type revenues
What we did
› Implemented the right efficient systems
› Managing ethical issues
› Focused on operational excellence
and project delivery
› Completing legacy projects
› Aligning operations to better
serve clients in local markets
› Increased efficiency through SG&A reductions
› Reduced the total number of recordable
incidents by 25%, and lost-time incidents
by 23%, compared to 2013
› Upgrading key systems towards excellence
› Secured additional ICIs
› Rebalanced ICI portfolio:
(AltaLink, Ovation, Astoria)
5-year strategic plan
What we said
› Markets accelerated
and sustain growth focus
› Service mix – leverage full
spectrum competitive advantage
Growth
Platforms
› Efficient operating model
› World-class project execution
› Talent development
and retention
Growth
Enablers
› Act as catalyst
for E&C revenues
› Employ disciplined
approach to capital
› Focus on select
geographies and sectors
EnhancedICI
Management
Approach
› Achieve industry median,
and then upper quartile,
financial performance
› Double revenues between
2013 and 2018
Achieving
Financial
Performace