AtkinsRéalis Reports Strong Q1 2025 Financial Results

Atkinsrealis ( (SNCAF) ) has released its Q1 earnings. Here is a breakdown of the information Atkinsrealis presented to its investors.

AtkinsRéalis Group Inc. is a global engineering services and nuclear company that provides sustainable solutions across various sectors, including engineering services, nuclear, and capital. Headquartered in Montreal, the company is known for its comprehensive end-to-end services and its commitment to engineering a better future.

In its first quarter of 2025, AtkinsRéalis reported a robust financial performance with significant year-over-year growth. The company achieved a 12% increase in revenue, a 25% rise in Segment Adjusted EBIT, and a 50% surge in diluted earnings per share. The backlog reached record-high levels, particularly in the nuclear segment, which saw its backlog surpass $5 billion for the first time.

Key financial metrics highlighted in the report include a 14.8% increase in AtkinsRéalis Services revenue, with the nuclear segment achieving a record-high revenue of $538.3 million, marking an 80.3% increase. The Linxon segment also saw substantial growth with a 40.9% rise in revenue. The company’s total backlog increased by 32.2% year-over-year, reflecting strong demand across its segments.

Despite the positive results, the LSTK Projects segment reported a negative Segment Adjusted EBIT of $14.9 million. However, the company maintained a strong financial position with a net income increase of 51.9% and a net cash generation of $39.3 million from operating activities.

Looking ahead, AtkinsRéalis is optimistic about its growth prospects, particularly in the nuclear segment, where it has raised its revenue outlook for 2025. The company remains focused on executing its strategic plan, ‘Delivering Excellence, Driving Growth,’ supported by a disciplined capital deployment framework and a strong balance sheet.