Investor Presentaiton
37
EXCELLENCE
INNOVATION
PEOPLE
GROWTH
STN
TSX NYSE
2020 Guidance
Targets
(In millions of Canadian dollars, unless otherwise stated)
Adjusted EBITDA as % of net revenue (1)
Adjusted net income as % of net revenue (1)
Return on invested capital (1)
Guidance
Gross margin as % of net revenue
Administrative and marketing expenses as % of net revenue
Net debt to adjusted EBITDA (1)
2020
15.5% to 16.5%
At or above 6.0%
At or above 9.0%
53% to 55%
37% to 39%
Capital expenditures
Software additions
Depreciation on property and equipment
Depreciation on lease assets
Amortization of intangible assets related to acquisitions
All other amortization of intangible assets
Effective tax rate (without discrete transactions)
Earnings pattern
(1)
Day sales outstanding (includes deferred revenue)
1.0x to 2.0x
$75 to $80
$3 to $7
$60 to $65
$113 to $118
$34 to $39
$14 to $18
27.5% to 28.5%
40% in Q1 and Q4
60% in Q2 and Q3
90 days
(1) Adjusted EBITDA, and adjusted net income are non-IFRS measures and ROIC and DSO are metrics (discussed in the Definitions section of Stantec's 2019 Annual Report).View entire presentation