Even as Robert G. Card, new CEO of SNC-Lavalin, aims to "put its house in order" in the wake of an ethics scandal he inherited from previous management now gone from the Montreal-based global engineer, he presented a mixed outlook for company results in 2012 and into this year.
In a report to analysts March 8, Card said that company backlog "remained strong" at $9.85 billion, fourth-quarter 2012 revenue rose 14.3% to $2.3 billion with year-end up 12.2% to nearly $8 billion, and returns linked to its highway concessions business were positive.