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SNC-Lavalin Group Inc.

10:08 AM EST - SNC-Lavalin Group Inc. : reported third quarter net income of $91.3 million or $0.60 per share, compared to net income of $63.17 million or $0.41 per share in the same quarter last year. The company's quarterly revenues declined to $1.7 billion, from $1.8 billion in the same quarter previous year. In addition, the company announced that it has declared a cash dividend of $0.12 per share for the third quarter of 2008, which will be payable on November 27, 2008 to shareholders of record on November 13, 2008. SNC-Lavalin Group Inc. shares T.SNC are trading up $1.04 at $32.66.