Author Topic: SNC - SNC-Lavalin Group  (Read 21767 times)

longlake95

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Re: SNC - SNC-Lavalin Group
« Reply #70 on: January 23, 2020, 01:42:40 PM »
Agreed. They seem to be moving at a good pace to re-focus the business and improve the street's view of SNC.


no_free_lunch

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Re: SNC - SNC-Lavalin Group
« Reply #71 on: March 15, 2020, 01:34:34 PM »
Any thoughts on SNC?  It is back to where it was before the court case settled.   Maybe their earnings get whacked this year but at some point, peope will go back to work and I  can see the government trying to boost the economy with infrastructure spending programs.

SNC also has a much cleaner balance sheet than in the past.  The are down to $2b in long-term debt against maybe $300m+ free cash flow.  This is down from some $3b in LT debt in the past.  If markets stay down I don't see why they couldn't gear up and do an acquisition.   The debt would be quite lucrative too.