Stantec Inc. Q1 2010 Earnings Call Transcript

Stantec Inc. (STN)

Q1 2010 Earnings Call

May 13, 2010 3:00 pm ET

Executives

Robert J. Gomes - President & CEO

Daniel J. Lefaivre – Chief Financial Officer

Analysts

Sara O'Brien - RBC Capital Markets

Paul Lechem - CIBC World Markets

Mike Tupholme - TD Newcrest

Chris Blake - Stonecap Securities

Richard Stoneman - Dundee Securities

Ben Cherniavsky - Raymond James

Pierre Lacroix - Desjardins Securities

John Rogers - D. A. Davidson & Co.

Bert Powell - BMO Capital Markets

Presentation

Operator

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Welcome to Stantec Consulting’s first quarter 2010 earnings results conference call. (Operator Instructions) As a reminder, today’s conference is being recorded. It will be available for reply on the Investor section at Stantec.com. It is now my pleasure to introduce your host, Mr. Robert Gomes, President and CEO.

Robert J. Gomes

Thank you, Andrew. Good afternoon everyone, and welcome to our 2010 first quarter conference call. Joining me is Dan Lefaivre, our Chief Financial Officer. Dan will provide a brief summary of our results for the quarter and I will follow with an outline of our market outlook. We will then address individual questions.

Before we begin, I would like to make you aware of our Safe Harbor statement and to caution you that we will be making forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 in the United States and applicable securities legislation in Canada. By their very nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties that give rise to the possibility that our estimates, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct, and that our actual results may differ materially from those discussed in these statements.