The Globe and Mail reports in its Friday edition that nuclear projects fuelled a big surge in revenue at Atkinsrealis last quarter. A Canadian Press dispatch to The Globe quotes chief executive officer Ian Edwards telling analysts on call Thursday: "We cannot overstate our belief in the significant opportunity in front of Atkinsrealis in the nuclear sector. We continue to position extremely well to take advantage of the ongoing nuclear supercycle." The Montreal-based company raised its 2025 nuclear revenue outlook to between $1.9-billion and $2-billion from the previous range of $1.6-billion to $1.7-billion. It also increased its projections for adjusted earnings. Atkinsrealis shares were up 14 per cent to $86.45 on the Toronto Stock Exchange as of midday. Mr. Edwards also brushed off any concerns about the impact of the global trade war set off by U.S. President Donald Trump, who has also tried to freeze hundreds of billions of dollars in federal grants and loans. "We are not directly impacted by tariffs, and we are minimally exposed to federal agency contracts," he said. During its first quarter, Atkinsrealis boosted its backlog of nuclear work to a record $5.25-billion in a 185-per-cent leap from a year earlier.
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