Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Snc-Lavalin Group Inc    SNC   CA78460T1057

SNC-LAVALIN GROUP INC

(SNC)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

SNC Lavalin : faces criminal probe over Montreal bridge contract, documents reveal

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2019 | 03:02pm EST

MONTREAL — Court documents show that Quebec prosecutors are working with the RCMP on the possibility of new criminal charges against SNC-Lavalin tied to a contract to refurbish Montreal'sJacques Cartier Bridge.

In December, Quebec court approved a request by prosecutors to retain until June thousands of documents seized by the RCMP in connection with an investigation that drew on more than two dozen witnesses.

If the provincial prosecution service pushes ahead with the four potential fraud charges outlined in court filings, the embattled engineering giant would face a legal battle on another front.

In October, federal prosecutors told SNC-Lavalin they would not invite the company to negotiate a remediation agreement over fraud and corruption charges that stemmed from alleged dealings with the Libyan regime under Moammar Gadhafi between 2001 and 2011. SNC has filed for a judicial review of that decision.

In court documents, the RCMP lays out a bribery scheme involving a $127-millionJacques Cartier Bridge contract in the early 2000s. Former federal official Michel Fournier pleaded guilty in 2017 to accepting more than $2.3 million in payments from SNC-Lavalin in connection with the project.

SNC-Lavalin tells The Canadian Press it will continue to work with authorities, noting the court files involve employees and third parties no longer affiliated with the company. Allegations in the latest court documents have not been proven in court, and SNC-Lavalin has not been charged.

© 2019 The Canadian Press. All rights reserved., source Canadian Press DataFile

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SNC-LAVALIN GROUP INC
08:39aSNC LAVALIN : Atkins-engineered people mover complex selected a 'Best of the Bes..
AQ
08:38aSNC LAVALIN : Atkins releases first images of Newcastle Central Station developm..
AQ
07:32aSNC LAVALIN : R E P E A T -- SNC-Lavalin to hold fourth quarter earnings confere..
AQ
07:06aSNC LAVALIN : 'A little baloney' in PM's claim about solicitor-client privilege ..
AQ
02/20SNC LAVALIN : Quebec says former SNC-Lavalin exec owes $11 million in back taxes
AQ
02/20SNC LAVALIN : PM spoke to Wilson-Raybould after SNC-Lavalin was denied a remedia..
AQ
02/20TRUDEAU TAKES PERSONAL HIT AMID SNC- : Leger poll for CP
AQ
02/20SNC LAVALIN : Hearings into SNC-Lavalin affair start today, but not with Wilson-..
AQ
02/19DPAS : Meet the legal tool central to the Prime Minister's Office controversy
AQ
02/19NEWSALERT : Case thrown out against former SNC-Lavalin exec Stephane Roy
AQ
More news
Financials (CAD)
Sales 2018 10 045 M
EBIT 2018 361 M
Net income 2018 -620 M
Debt 2018 3 143 M
Yield 2018 3,19%
P/E ratio 2018 32,83
P/E ratio 2019 12,91
EV / Sales 2018 0,91x
EV / Sales 2019 0,92x
Capitalization 6 023 M
Chart SNC-LAVALIN GROUP INC
Duration : Period :
Snc-Lavalin Group Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SNC-LAVALIN GROUP INC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 46,3  CAD
Spread / Average Target 35%
EPS Revisions
Managers
NameTitle
Neil Alexander Bruce President, Chief Executive Officer & Director
Kevin G. Lynch Chairman
Ian Edwards Chief Operating Officer
Sylvain Girard Chief Financial Officer & Executive Vice President
Eric D. Siegel Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SNC-LAVALIN GROUP INC-25.28%4 560
VINCI12.52%54 931
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION6.84%38 148
LARSEN & TOUBRO-11.20%25 151
CHINA COMMUNICATIONS CONSTRUCTION CO LTD14.52%24 762
CHINA RAILWAY GROUP LTD0.29%23 669