AtkinsRéalis Group reported an increase in first-quarter profit and revenue compared to the same period last year, driven by robust demand for its engineering and construction services. The Montreal-based company posted net income of $187 million, up from $152 million a year earlier, while revenue rose to $4.2 billion from $3.9 billion.
Strong Performance Across Segments
The company's engineering services segment saw revenue growth of 8%, supported by major projects in the energy and transportation sectors. The construction division also contributed, with revenue up 6% due to new contracts in infrastructure and mining.
CEO Ian Edwards attributed the results to strong project execution and a healthy backlog of orders. "Our teams continue to deliver for clients, and we are seeing increased activity in key markets," he said in a statement.
Outlook and Market Position
AtkinsRéalis reaffirmed its full-year guidance, expecting continued growth in 2026. The company's backlog stands at $14.5 billion, providing visibility into future revenue. Shares of AtkinsRéalis rose 2.3% on the Toronto Stock Exchange following the announcement.
The positive results come amid a competitive landscape in the engineering industry, but AtkinsRéalis has maintained its position through strategic acquisitions and a focus on high-growth areas such as clean energy and digital infrastructure.
