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| Stantec announces solid second quarter 2009 results North American design firm Stantec announced second quarter 2009 results with gross revenue increasing 13.0% to C$388.1 million and net revenue increasing 10.1% to C$318.1 million compared to the second quarter of 2008. Net income for the quarter was C$22.3 million, and diluted earnings per share were C$0.49. The outlook through the rest of the year remains stable for Stantec. In the quarter, the firm began to see some smaller stimulus funded projects being awarded, but it does not expect to feel any significant effect of stimulus funding in the infrastructure market until the end of 2009 or early 2010. write your comments about the article :: © 2009 Construction News :: home page |