Quarterly Reports 2013
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Q1 - 2013 Financial Highlights
| Q1 2013 | Q1 2012 | $ change | % change | |
|---|---|---|---|---|
| Revenues | 1,900 | 1,788 | 112 | 6% |
| Gross margin | 306 | 297 | 9 | 3% |
| Net income attributable to SNC-Lavalin's shareholders | 54 | 66 | -12 | -18% |
| Basic earnings per share ($) | 0.35 | 0.44 | -0.09 | -20% |
| Diluted earnings per share ($) | 0.35 | 0.44 | -0.09 | -20% |
(in millions of CA$, except per share amounts)
- Net income attributable to the Company's shareholders for the first quarter of 2013 was $53.6 million ($0.35 per share on a diluted basis), compared to $66.3 million ($0.44 per share on a diluted basis) for the first quarter of 2012.
- Net income excluding Infrastructure Concession Investments was $18.6 million for the first quarter of 2013, compared to $41.2 million for the corresponding period in 2012. SNC-Lavalin's net income from Infrastructure Concession Investments was $35.0 million for the first quarter of 2013 compared to $25.1 million for the first quarter of 2012.
- Revenues for the first quarter of 2013 increased by 6.3% to $1.9 billion, compared to $1.8 billion for the same period in 2012.
- Revenue backlog totalled $10.2 billion at the end of March 2013, in line with the end of December 2012.
- The Board of Directors declared a cash dividend of $0.23 per share for the first quarter of 2013.
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