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CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8% CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8%
Earnings

AtkinsRealis Reports Third Quarter 2025 Results

By The Northwire Desk — AI Analysis Nov 13, 2025 · 06:15 ATRL · 88.66 ATKINREALIS GROUP INC.
ATRL · Price

Executive Summary

  • AtkinsRéalis reported a record‑high total backlog of C$21.0 billion (up ~20% YoY) and 15% revenue growth year‑over‑year to C$2.8 billion for Q3 2025.
  • Adjusted diluted EPS from PS&PM rose 68% YoY to C$1.06, while net cash generated from operations was C$123 million.
  • The company announced the acquisition of C2AE, expanding its U.S. “Land and Expand” strategy, and revised its 2025 outlook – raising Nuclear revenue guidance to C$2.2‑2.3 billion while lowering Engineering Services organic growth expectations.

Key Details

  • Revenue:
  • Total Q3 2025 revenue C$2.8 bn, up 15% YoY.
  • AtkinsRéalis Services revenue C$2.76 bn (up 17.5%).
  • Engineering Services Regions revenue C$1.94 bn (record high, +8.2%).
  • Nuclear revenue C$596.5 m (record high, +61.7%).

  • Linxon revenue C$224.5 m (+18.8%).

  • Segment Adjusted EBIT:

  • Total Services Segment Adjusted EBIT C$279.3 m (+17.1%).
  • Engineering Services Regions Adjusted EBIT C$200.5 m (+7.6%).
  • Nuclear Adjusted EBIT C$66.0 m (+44.2%).

  • Linxon Adjusted EBIT C$12.8 m (≈+97%).

  • Adjusted EBITDA (PS&PM): C$281.5 m, up 20.7% YoY; Adjusted EBITDA margin 10.1% (record).

  • Earnings:

  • Diluted EPS from PS&PM C$0.84 (up 68%).
  • Adjusted diluted EPS from PS&PM C$1.06 (up 68%).

  • Net income attributable to shareholders C$146.7 m, up 41.5%.

  • Cash Flow:

  • Net cash generated from operating activities C$123.4 m.

  • Cash & equivalents at quarter‑end C$990.7 m.

  • Backlog: Record C$21.0 bn, +20.2% vs. Dec 2024, +23.1% YoY.

  • Acquisition: Announcement of acquisition of C2AE (details not disclosed) to support U.S. expansion.

  • Outlook Revision (2025):

  • Engineering Services organic revenue growth outlook lowered to low‑single‑digit percentage (from mid‑single‑digit).

  • Nuclear full‑year revenue guidance raised to C$2.2 bn–C$2.3 bn (up from C$2.0 bn–C$2.1 bn).

  • Dividend: Board declared a cash dividend of C$0.02 per share, payable 11‑Dec‑2025 (unchanged).

  • Conference Call/Webcast: Hosted on the day of release; recording to be posted within 24 h.

Notable Quotes

“Our third quarter performance highlights our ability to both grow and operate more efficiently across the business… I am also very pleased to have announced the acquisition of C2AE, advancing our Land and Expand strategy in the U.S.” – Ian L. Edwards, President & CEO.

Read the original news release →

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