MONTREAL, March 19, 2020 /CNW Telbec/ - SNC-Lavalin Group Inc. (TSX: SNC) announced an update on a series of measures the Company has undertaken as part of its business resilience program due to the Coronavirus ('COVID-19') pandemic.
"From the onset, SNC-Lavalin has monitored the evolving COVID-19 pandemic closely and followed the guidelines issued by the World Health Organization (WHO) as well as those from home country governments. A robust business resilience program and a dedicated Executive-level global crisis management team and regional counterparts have been activated. We are taking appropriate action to protect our staff and business operations by following the latest health and safety measures," said Ian L. Edwards, President and CEO, SNC-Lavalin.
In addition to following WHO best practises on personal hygiene throughout the organisation and implementing the most up-to-date travel restrictions, the Company is also leveraging its digital communication tools and technology to enable its global workforce to work remotely.
"Although the situation around the world is uncertain, I want to reassure our clients and stakeholders that as a client-facing business we are doing our utmost to ensure that performance and supply chain disruptions are minimized during this challenging time," added Mr. Edwards.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world. SNC-Lavalin connects people, technology and data to help shape and deliver world-leading concepts and projects, while offering comprehensive innovative solutions across the asset lifecycle. Our expertise is wide-ranging — consulting & advisory, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and sustaining capital – and delivered to clients in four strategic sectors: EDPM (engineering, design and project management), Infrastructure, Nuclear and Resources, supported by Capital. People. Drive. Results. www.snclavalin.com
Forward-looking Statements
Reference in this press release, and hereafter, to the "Company" or to "SNC-Lavalin" means, as the context may require, SNC-Lavalin Group Inc. and all or some of its subsidiaries or joint arrangements, or SNC-Lavalin Group Inc. or one or more of its subsidiaries or joint arrangements.
Statements made in this press release that describe the Company's or management's budgets, estimates, expectations, forecasts, objectives, predictions, projections of the future or strategies may be "forward-looking statements", which can be identified by the use of the conditional or forward-looking terminology such as "aims", "anticipates", "assumes", "believes", "cost savings", "estimates", "expects", "goal", "intends", "may", "plans", "projects", "should", "synergies", "target", "vision", "will", or the negative thereof or other variations thereon. Forward-looking statements also include any other statements that do not refer to historical facts. Forward-looking statements also include statements relating to the following: (i) future capital expenditures, revenues, expenses, earnings, economic performance, indebtedness, financial condition, losses and future prospects; and (ii) business and management strategies and the expansion and growth of the Company's operations. All such forward-looking statements are made pursuant to the "safe-harbour" provisions of applicable Canadian securities laws. The Company cautions that, by their nature, forward-looking statements involve risks and uncertainties, and that its actual actions and/or results could differ materially from those expressed or implied in such forward-looking statements, or could affect the extent to which a particular projection materializes. Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of the Company's current objectives, strategic priorities, expectations and plans, and in obtaining a better understanding of the Company's business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
SOURCE SNC-Lavalin
Media, Daniela Pizzuto, Director, External Communications, 514-393-8000, ext. 54772, [email protected]; Investors, Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, [email protected]
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