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SNC-Lavalin to restructure resources business to be profitable next year

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Canadian Press
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August 4, 2020

MONTREAL — SNC-Lavalin Group Inc. is restructuring its money-losing resources business with a plan to sell off or shut down the non-profitable parts and fold the remnants into its engineering services division. The announcement Friday came alongside earnings that fell short of analysts’ expectations as the engineering giant lost $111.6 million in the second quarter — compared […]

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