SNC-Lavalin Group Inc. expects to bolster margins in its mining and metals business as soon as this year amid a rebound in commodities such as copper and fertilizers.
A pickup in demand will help Canada’s biggest engineering and construction company boost earnings before interest and taxes in the sector to 7 percent of revenue over time, Jose Suarez, who runs the mining unit, said this week. EBIT fell to 4.7 percent of revenue last year -- the worst performance among SNC’s five engineering and construction units.