Stantec

Stantec, together with Jacobs Solutions, was selected to deliver Greater Western Water’s five-year infrastructure planning and delivery program in Melbourne’s western region. The joint venture will provide end-to-end engineering and advisory services — including system design, treatment plant development, water resource assessments, environmental analysis, construction support and standards development — to address rapid population growth and climate resilience. The program also includes social procurement, partnerships with Indigenous-owned businesses and local workforce development. » More on finance.yahoo.com

The Black & Veatch–Stantec joint venture secured an $85 million, eight-year contract with the U.S. Army Corps of Engineers to provide design and engineering support for the Brandon Road Interbasin Project, including modifications to the Brandon Road Lock and Dam to prevent invasive carp entering the Great Lakes. The award underscores Stantec’s growing role in large-scale water-resource and environmental infrastructure projects. CIBC analyst Krista Friesen trimmed her price target to C$160 but kept an Outperformer rating, reflecting continued confidence in the company’s long-term prospects. » More on finance.yahoo.com

Stantec reported Q1 2026 EPS of CAD 1.33 versus expectations of CAD 1.29, while revenue of CAD 1.69bn missed the CAD 1.72bn estimate. The company recorded 9.1% organic plus acquisition-driven growth, margin expansion and a 13.8% increase in adjusted EBITDA. The stock fell 1.73% after the results and management reaffirmed the full-year guidance, expecting net revenue growth of 8.5–11.5% and adjusted EBITDA margins of 17.6–18.2%. » More on de.investing.com

Stantec was selected by the European Investment Bank to provide advisory support on climate adaptation, resilience and nature-based solutions under the EU’s InvestEU Advisory Hub. The firm will deliver technical, environmental and financial viability assessments, analyze climate risks and help design ecological redevelopment frameworks for investment-ready projects. Stantec will deploy its European experience and cross-office collaboration to accelerate public environmental investments across the continent. » More on finance.yahoo.com

Stantec will provide multidisciplinary project management and design services for the first phase of Canada’s Arctic Over-the-Horizon Radar (A-OTHR) program, working in a consortium with Aecon and Pomerleau handling construction. The project, funded by the Department of National Defence, aims to modernize NORAD infrastructure with long-range surveillance sensors and command centers to detect aerospace and maritime threats in the Arctic. Stantec said the award builds on its long-standing collaboration with the Department of National Defence and its experience in resilient, climate-ready engineering solutions. » More on finance.yahoo.com