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home / news releases / SNCAF - SNC-Lavalin -28% after cutting profit forecast


SNCAF - SNC-Lavalin -28% after cutting profit forecast

  • SNC-Lavalin (OTCPK:SNCAF -28.4%) sinks the most in at least 27 years after cutting its its FY 2018 profit forecast due to a "serious problem" with a mining contract and writing down the value of its energy unit by $1.24B, citing ongoing trade challenges in Saudi Arabia.
  • More news on: SNC Lavalin Group Inc.A, Energy stocks news, Stocks on the move,
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Stock Information

Company Name: SNC-Lavalin Group Inc
Stock Symbol: SNCAF
Market: OTC
Website: snclavalin.com

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