COMPANY PROFILE -Stantec Inc.
Business Sector :Construction and Design
Operating Geography :Canada, North America, Global
About Stantec Inc. :
Stantec Inc. is a professional international design and consulting industry. It is headquartered in Edmonton, Alberta, Canada. In 2019, the Company provided services on projects through 22,000 employees around the world operating out of more than 350 locations in North America and across offices in 6 continents internationally. In 1954, Dr. Don Stanley founded D.R. Stanley & Associates, working as the sole proprietor. In 1955, Stanley employed a retired railway engineer, Herb Roblin, and a former chief bridge engineer for the provincial government, Louis Grimble. It was renamed as Stanley, Grimble and Roblin Ltd. It supplies services in planning, engineering, architecture, interior design, surveying, environmental sciences, project management, and project economics for facilities projects and infrastructure. It serves the design phase of buildings, energy, and infrastructure projects, which offers higher margin opportunities and more controllable risk than integrated engineering and construction firms. The company focuses to deliver a return on invested capital of greater than 10% in the year 2021-22. In 2017, the company received the award of - Water EPCOR Grit Treatment and Recovery Facility - implementing HUBER technology.
Stantec Inc.’s Unique Selling Proposition or USP lies in it being ranked one of the most sustainable companies in the world and being the top tier global design and delivery firm. The company's mission statement reads, "We make a difference in the world by creating communities. This is our purpose. We design with community in mind".
Stantec Inc. Revenue :
C$3,684.5 million – FY ending 31st December 2020
C$ 3,711.3 million – FY ending 31st December 2019
Competitive Analysis of Stantec Inc.
The SWOT analysis for Stantec is presented below in a matrix followed by the detailed analysis report:
Strengths | Weaknesses |
1. Wide range to deliver to the market with geographic diversification
2. Array of serviceable industries
3. Strong portfolio of sustainability service offerings
4. Strong history of profitability and shareholder growth
5. Stantec’s presence on the global scale | |
Opportunities | Threats |
1. Environmental sustainability concerns across markets
2. Constant innovation and adoption of new technology
3. Growth in smart cities and urban places
4. Small and medium-sized acquisitions driving disciplined growth
| 1. Market is vulnerable to economic downturns and reductions in government and private industry spending
2. Competitive for talent an increasing challenge
|
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Detailed SWOT Analysis of Stantec Inc.
Strength
1. Wide range to deliver to the market with geographic diversification: Stantec is an active member of the communities it serves, hence designs keeping the community in mind. From industrial to mining; hotels to transportation; environment to education; health to manufacturing to even oil & gas industries, Stantec serves almost 53 different industries across the globe. The ability of the company to serve such diversified markets is backed by its geographical diversification which also happens to be one of the key components of Stantec's business model. Stantec's business is divided across three regional operating units—Canada, the United States, and Global. The company ensures to offer similar services across all regions. Thus over the years, this diversity has allowed the company to develop close client relationships at the local leveling addition to offering the expertise of its global team.
2. Array of serviceable industries: Stantec offers services in various sectors across the project life cycle through five business operating units (BOUs): Buildings, Energy & Resources, Environmental Services, Infrastructure, and Water. The brand aims at providing a wide array of services founded on the grounds of the intersection of community, creativity, and client relationships. As of 2021, the company has an array of 129 serviceable industries. Services include Architecture & Interior design, Building engineering, Client enterprise solutions, Transportation service, water services, International development, and the list goes on.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
This section is available only in the 'Complete Report' on purchase.
The PESTLE analysis for Stantec is presented below in a table followed by the detailed analysis report.
Political | Economical |
1. Getting exclusive projects from multiple governing bodies globally | 1. Strong macro trends to support continued growth |
Social | Technological |
1. Helping employees empower and lead a healthy and safety life
2. Employer of opportunity for all with focus on promoting STEAM education
3. Urbanization and demographic and social changes driving growth
| 1. Encouraging innovation across workplace |
Legal | Environmental |
1. Changing policies, regulations, and standards could adversely affect business operations and results | 1. Climate change creating both risks and opportunities
2. Environmental stewardship as a public priority in most jurisdictions
|
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Detailed Pestle Analysis of Stantec Inc.
Political
1. Getting exclusive projects from multiple governing bodies globally: Globally government bodies are seeking for providing their citizen with best-in-class facilities across various segments. For this, they prefer globally leading companies that can stand in line with their synergies. Stantec is one such globally leading building firm rendering enormous serviceable solutions to various governments across the globe. Recently, in Jan 2021, Stantec bagged the opportunity of leading transit operations analysis in Honolulu. The company has been chosen to design a better bus service and integrate with Honolulu’s rail transit. The projected is forecasted to be seven-year-long and is worth $10-million. Stantec's leading position in the water industry has led the King County Wastewater Treatment Division (WTD) to award the company with a five-year contract to lead the development and implementation of a program delivery plan, asset replacement, and facility upgrades at the West Point Treatment Plant (WPTP) in Seattle, Washington. Another notable accomplishment Stantec made in Dec 2020 was when the Government of Canada awarded Stantec in collaboration with Merrick, and DIALOG, a base contract to support the renewal of government research facilities across Canada.
The remaining section under "Political" is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
This section is available only in the 'Complete Report' on purchase.
On purchase the Stantec SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
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Check Out Analysis of Other Relevant Companies
References used in Stantec Inc. SWOT & PESTLE Analysis Report
1. Markets - https://www.stantec.com/en/markets
2. Stantec Annual Report 2020 - https://www.stantec.com/content/dam/stantec/files/investor-relations/2020/q4-year-end/STN%202020%20Annual%20Report.pdf
3. Stantec Annual Report 2019 - https://www.stantec.com/content/dam/stantec/files/investor-relations/2020/stn-annual-report--2019.pdf
4. Stantec Sustainability Report 2019 - https://www.stantec.com/content/dam/stantec/files/PDFAssets/2020/stn-sustainability-report-2019.pdf
5. Stantec’s Strategic Plan 2020-2021 - https://www.stantec.com/content/dam/stantec/files/investor-relations/2019/stn-strategic-plan-2020-2022.pdf
The detailed complete set of references are available on request in the 'Complete report' on purchase.
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