SNC-Lavalin
SNC-Lavalin
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SNC-Lavalin posted a $1bn loss in 2018, mostly due to a tax goodwill impairment charge. 25% of its revenue in 2018 came from the oil and gas sector, and the same proportion came from the Middle East. However, the company wrote down the value of its energy unit by $937mn amidst a diplomatic dispute between KSA and Canada.
