CEO also is bullish on its small nuclear reactor unit despite a just-canceled key US project due to higher projected power cost.

The NEX South Project, intended to ease traffic congestion, includes design and construction of approximately four miles of elevated lanes. 

Despite past troubles and remaining bumps, contractor reported gains in year-end results, with the energy transition set to drive a 10% revenue boost this year, executives told analysts Feb. 22.

In Jan. 28 briefing, David Constable said the firm will stay an EPC contractor with focus on cost-plus work and expanded front-end services; analyst boosts its stock rating to "Buy" from "Hold."