SNC-Lavalin to restructure resources business to be profitable next year – Yahoo Canada Finance
MONTREAL SNC-Lavalin Group Inc. is restructuring its money-losing resources business with a plan to sell off or shut down the non-profitable parts and fold the remnants into its engineering services division. The announcement Friday came alongside earnings that fell short of analysts’ expectations as the engineering giantlost $111.6 million in the second quarter compared to$2.12…