Stantec Backs Annual Guidance On Strong Demand
(RTTNews) - Stantec Inc. (STN, STN.TO), a Canadian engineering, architecture, and environmental services provider, has reaffirmed its annual guidance to reflect strong demand and favorable market conditions.
For fiscal 2026, the company still expects adjusted income per share growth of 15% to 18%, with net revenue growth of 8.5% to 11.5%. For fiscal 2025, Stantec had reported adjusted income of C$5.30 per share, on net revenue of C$6.5 billion.
The board will pay a dividend of C$0.245 per share on October 15 to the shareholders of record as of September 29.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.