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Nuclear deals power 52% profit surge at AtkinsRealis, prompt brighter forecast

  • AtkinsRealis Group Inc. Reported a first-quarter 2025 profit of $69.1 million and revenue of $2.55 billion from its Montreal headquarters.
  • The profit and revenue increases followed growth in its nuclear segment, which led the company to raise its 2025 nuclear revenue forecast.
  • Nuclear revenue rose organically 77% year-over-year to $538 million, driven by new contracts like life extensions at Ontario's Pickering station and Romania projects.
  • CEO Ian Edwards emphasized ongoing negotiations to extend operational periods in South Korea and expand life extension projects in Canada, along with pursuing new construction opportunities in Europe and Asia.
  • The company’s nuclear backlog climbed 185% to a record $5.25 billion, positioning AtkinsRealis for stronger results amid the expanding nuclear market.
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The RecordThe Record
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AtkinsRéalis reports Q1 profit and revenue up, raises nuclear revenue guidance

MONTREAL - AtkinsRéalis Group Inc. reported its first-quarter profit and revenue rose compared with a year ago and raised its revenue outlook for its nuclear business.

·Waterloo, Canada
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The Record broke the news in Waterloo, Canada on Thursday, May 15, 2025.
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