STN · Stantec Inc.
AI read · Good for STN
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The larger backlog gives Stantec more projects to carry into future quarters. Strong water and global work also helped lift sales and profit per share, and management kept its full-year profit-per-share growth goal. Some U.S. infrastructure work was flat, and Canadian transit and road projects are winding down. Those weak spots are outweighed by the wider growth across the business.