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SNC LAVALIN EMBARGOED Press Release SNC - Lavalin Reports Fourth Quarter 2020 Results MONTREAL : March 9 , 2021 - SNC - Lavalin Group Inc. ( TSX : SNC ) , a fully integrated professional services and project management company with offices around the world , today announced its results for the fourth quarter and year ended December 31 , 2020 . Fourth Quarter Key Metrics from Continuing Operations and Highlights • • • Net loss from continuing operations attributable to SNC - Lavalin shareholders of $ 322.9 million , or $ ( 1.84 ) per diluted share . Q4 2020 included , as announced on February 9 , 2021 , an aggregate amount of $ 480 million ( before taxes ) in charges , adjustments to provisions and claims receivable reductions , as well as a cost reassessment of the remaining Canadian LSTK Infrastructure projects in light of COVID - 19 . SNCL Engineering Services delivers solid Q4 results - - Q4 2020 revenues of $ 1.5 billion . Q4 2020 total Segment Adjusted EBIT ( 1 ) of $ 153.1 million , representing a 10.1 % margin . Q4 2020 Segment Adjusted EBIT to revenue ratio ( 2 ) of 9.0 % , 14.8 % and 9.6 % for EDPM , Nuclear and Infrastructure Services , respectively . Q4 2020 net cash generated from operating activities of $ 250 million . Q4 2020 bookings of $ 1.7 billion , representing a 1.10 booking - to - revenue ratio ( 6 ) . Backlog at $ 10.9 billion as at December 31 , 2020 . Financial position remains strong As at December 31 , 2020 , the Company had cash and cash equivalents of $ 932.9 million and a net recourse debt to EBITDA ratio ( 7 ) of 2.1 ( calculated in accordance with the Company's Credit Agreement ) . 2021 Outlook provided for SNCL Engineering Services • SNCL Engineering Services revenue for 2021 forecast to grow by a low single digit percentage , compared to 2020 , and Segment Adjusted EBIT to revenue ratio ( 2 ) expected to be between 8 % and 10 % . 455 , René - Lévesque Blvd. West , Montreal , Quebec , Canada , H2Z 1Z3 514.393.1000 1