10:00 AM EST - SNC Lavalin Group Inc. : announced the departure of Chief Executive Officer Pierre Duhaime, and year-end results for 2011. For the year ended December 31, 2011, net income attributable to SNC-Lavalin shareholders was $378.8 million ($2.49 per share on a diluted basis), compared to $431.0 million ($2.83 per share on a diluted basis), excluding the net gains of $45.7 million from the disposals of certain assets and investments recognized in 2010. Revenues for the year ended December 31, 2011 increased by 20.3% to $7.2 billion, compared to $6.0 billion for the year ended December 31, 2010. SNC Lavalin Group Inc.
shares T.SNC are trading down $1.07 at $38.20.
