› A path to improve operational delivery, sustainable growth, consistent earnings and cash flow generation. › June 2019
1. Simplifying Key our business themes 2. Focusing for driving on our capabilities where we excel improvements across the business. 3. Growing our business responsibly 2
Our Deliver consistency and predictability in: › Execution › Earnings › Cash generation Reduce cost base by: › creating efficiencies across our sectors, geographies and business lines. 3
4 our business Simplify
Consolidate our operating sectors down from › Better sharing seven to of best practices › More effective oversight performance (especially on EPC projects) Engineering, Infrastructure Nuclear Resources Design and Project Management (EDPM) 5
focus on our Remove approximately $85M of unprofitable core markets revenue across 15 countries Canada, U.S., U.K., Middle East, Hong Kong (as a hub to Asia) and Australia. 6
These simplification efforts across the business, which builds on our previous efforts to reduce cost in corporate SG&A, will yield Reduce cost base of annual savings 7
8 where we excel capabilities Focus on
On core capabilities and a differentiated offering… Engineering, Procurement and Engineering, Design and Project Major infrastructure projects in Nuclear refurbishments and Forming joint ventures such as Mid and downstream projects in Construction Management; where Management; replicating the North America; a cornerstone decommissioning; especially in Linxon where the combined skills Oil & Gas; where our clients value we can lead major projects in a success and high performance of of our business. Canada, the US, and the UK. of SNC-Lavalin and ABB offer and trust our specialist services. low risk environment. our Atkins business. something different to the market. 9
… and undertake only EPC lump-sum projects in Infrastructure and Oil & Gas, in geographies where we have strong capability and presence 10
Project Oversight function From bid stage to delivering phases, this function will: › Ensure consistency in our operational performance › Asses risk across all the business › Enhance our ability to foresee and fix project-related issues in a timely fashion 11
12 responsibly Grow our business
generated where we have a strong market position, clear capability, in known geographies, with clients where we hold strong relationships. 13
Focus We › on 4 core markets › on reimbursable engineering service contracts Pursue › selective EPC projects in geographies where we have strong capability and presence (only in Infrastructure and Oil & Gas) 14
1. Simplify the business › Improved project delivery › Sustainable growth 2. Focus on doing what we do best and adjusting to an › Consistent earnings efficient cost base and cash flow generation 3. Grow in a considered and responsible way 15
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