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    SNC   CA78460T1057

SNC-LAVALIN GROUP INC.

(SNC)
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Delayed Toronto Stock Exchange  -  04:00 2022-10-06 pm EDT
23.21 CAD   -5.27%
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SNC Lavalin : appoints new Managing Director for Nuclear and Power in EMEA

08/08/2022 | 08:15am EDT

08 August 2022: SNC-Lavalin announced today a change in management to its Nuclear and Power business in Europe, Middle East & Africa (EMEA region). Chris Ball will step down as Managing Director, effective August 8 2022, to be succeeded by Christophe Junillon, currently the Group's Director of Nuclear New Build in the region.

Christophe Junillon has worked for the organization for over 25 years. Since 2013, in his role leading the New Build division, he has presided over SNC-Lavalin's significant design and engineering projects across large nuclear new build projects in the UK, France and the UAE, as well as the early concept development of Small Modular Reactors (SMR) and Fusion Reactors.

Chris Ball will leave SNC-Lavalin in November after 22 successful years at the firm, including 15 years in senior leadership positions where he has overseen considerable strategic growth across the UK, Europe and, for the last four years, the wider EMEA region. He has also played a significant role in helping to create and steer SNC-Lavalin's Engineering Net Zero programme.

Joe St Julian, President of Nuclear, SNC-Lavalin, said, "Christophe's dynamic approach to our New Build projects in EMEA means he has developed strong and meaningful relationships with our clients across the region, and he is well placed to lead our Nuclear and Power EMEA team towards continued success. I look forward to working with him in the region as we grow our Net Zero Energy capabilities, support our clients' ambitious new build programmes, expand our waste management and decommissioning services and accelerate the adoption of digital products and technology across the energy market. I would also like to take the opportunity to thank Chris Ball for the lasting impact he has made as a valued member of our Nuclear Sector's executive leadership team. We wish him the very best in his future career."

Chris Ball will remain at SNC-Lavalin until November 2022 to support the smooth transition.

Notes to editors

About SNC-Lavalin

Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, technology and data to design, deliver and operate the most complex projects. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. - and delivered to clients in key strategic sectors such as Engineering Services, Nuclear, Operations & Maintenance and Capital. News and information are available at snclavalin.com or follow us on LinkedIn and Twitter.

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Disclaimer

SNC-Lavalin Group Inc. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 12:14:02 UTC.


© Publicnow 2022
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Financials
Sales 2022 7 444 M 5 425 M 5 425 M
Net income 2022 133 M 96,9 M 96,9 M
Net Debt 2022 1 366 M 996 M 996 M
P/E ratio 2022 31,4x
Yield 2022 0,33%
Capitalization 4 301 M 3 134 M 3 134 M
EV / Sales 2022 0,76x
EV / Sales 2023 0,75x
Nbr of Employees 30 989
Free-Float 99,9%
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Number of Analysts 12
Last Close Price 24,50 CAD
Average target price 36,54 CAD
Spread / Average Target 49,1%
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Managers and Directors
Ian L. Edwards President, Chief Executive Officer & Director
Jeffrey Allan Bell Chief Financial Officer & Executive Vice President
Bill L. Young Chairman
Steven Leon Newman Independent Director
Isabelle Courville Independent Director
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