SNC-Lavalin plunges on profit outlook, accounting probe

Not for local digital use FP White Label feed only.685 words with 165 words in optional trim; [CNS-UPDATE-SNC-LAVALIN-ALL ] MONTREAL - SNC-Lavalin Group Inc. said it has launched a probe into the accounting of certain of its expenses as it shocked the market with an 18 per cent cut to its expected 2...

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Bibliographic Details
Published inPostmedia News
Main Author Nicolas Van Praet
Format Newsletter
LanguageEnglish
Published Don Mills, Ont Postmedia Network Inc 28.02.2012
Subjects
Criminal investigations
Engineering firms
Investments
MONTREAL
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Summary:Not for local digital use FP White Label feed only.685 words with 165 words in optional trim; [CNS-UPDATE-SNC-LAVALIN-ALL ] MONTREAL - SNC-Lavalin Group Inc. said it has launched a probe into the accounting of certain of its expenses as it shocked the market with an 18 per cent cut to its expected 2011 profit.