A path to improve operational delivery, sustainable growth, - - PowerPoint PPT Presentation

›A path to improve operational delivery,

sustainable growth, consistent earnings and cash flow generation.

for driving improvements across the business.

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• 1. Simplifying
• ur business

Key themes

• 2. Focusing
• n our capabilities where we excel
• 3. Growing
• ur business responsibly

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› creating efficiencies across our sectors, geographies and business lines.

Reduce cost base by:

Our

Deliver consistency and predictability in:

› Execution › Earnings › Cash generation

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Simplify

• ur business

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Consolidate our

• perating sectors

down from seven to

Infrastructure Engineering, Design and Project Management (EDPM) Resources Nuclear

› Better sharing

• f best practices

› More effective oversight performance (especially

• n EPC projects)

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Remove approximately $85M of unprofitable revenue across 15 countries

Canada, U.S., U.K., Middle East, Hong Kong (as a hub to Asia) and Australia.

focus on our core markets

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These simplification efforts across the business, which builds on our previous efforts to reduce cost in corporate SG&A, will yield

Reduce cost base

• f annual savings

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Focus on capabilities where we excel

On core capabilities and a differentiated offering…

9 Engineering, Design and Project Management; replicating the success and high performance of

• ur Atkins business.

Engineering, Procurement and Construction Management; where we can lead major projects in a low risk environment. Major infrastructure projects in North America; a cornerstone

• f our business.

Nuclear refurbishments and decommissioning; especially in Canada, the US, and the UK. Mid and downstream projects in Oil & Gas; where our clients value and trust our specialist services. Forming joint ventures such as Linxon where the combined skills

• f SNC-Lavalin and ABB offer

something different to the market.

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in geographies where we have strong capability and presence

EPC lump-sum projects in Infrastructure and Oil & Gas,

… and undertake only

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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

Project Oversight function

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Grow our business responsibly

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generated where we have a strong market position, clear capability, in known geographies, with clients where we hold strong relationships.

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Pursue

› selective EPC projects in geographies where we have strong capability and presence (only in Infrastructure and Oil & Gas)

Focus

› on 4 core markets › on reimbursable engineering service contracts

We

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› Improved project delivery › Sustainable growth › Consistent earnings and cash flow generation

• 1. Simplify

the business

• 2. Focus on doing what we

do best and adjusting to an efficient cost base

• 3. Grow in a considered

and responsible way