Sean Jack's questions to Stantec Inc (STN) leadership • Q2 2024
Question
Sean Jack from Raymond James Limited asked which of Stantec's business operating units (BOUs) currently offer the best value for potential M&A targets.
Answer
CEO Gordon Johnston responded that Stantec is actively engaged in M&A discussions across all five of its business operating units. He emphasized that the company is not preferentially targeting any single BOU, but is instead looking at opportunities across its key geographies, including the U.S., U.K., Northern Europe, and Australia/New Zealand.