Stantec (TSE:STN) has released an update.
Stantec, a global sustainable design and engineering firm, reported a 13.7% increase in net revenue reaching $5.1 billion with an adjusted diluted EPS growth of 17.3% for 2023. The company also announced a 7.7% dividend hike, coupled with the planned retirement of CFO Theresa Jang following a robust year marked by operational excellence. Looking ahead, Stantec is optimistic about 2024, having updated its revenue and earnings targets post the acquisition of Morrison Hershfield.
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