WSP Global earnings rise to $166.9 million in fourth quarter

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MONTREAL - WSP Global Inc. says its earnings attributable to shareholders were $166.9 million in the fourth quarter, up from $130.6 million during the same quarter last year.

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Hey there, time traveller!
This article was published 26/02/2025 (557 days ago), so information in it may no longer be current.

MONTREAL – WSP Global Inc. says its earnings attributable to shareholders were $166.9 million in the fourth quarter, up from $130.6 million during the same quarter last year.

The Montreal-based engineering company says revenues for the quarter ended Dec. 31 totalled $4.7 billion, up from $3.7 billion a year earlier.

Basic net earnings per share were $1.28, up from $1.05. 

The WSP Global Inc. logo is seen in Toronto on Sept. 1, 2024. THE CANADIAN PRESS/Sean Vokey
The WSP Global Inc. logo is seen in Toronto on Sept. 1, 2024. THE CANADIAN PRESS/Sean Vokey

WSP’s backlog as of Dec. 31 stood at $15.6 billion, up from $14.1 billion. 

Earnings for the full year rose to $681.4 million, while revenues also rose to $16.2 billion. 

Chief executive Alexandre L’Heureux said the company delivered above expectations in 2024 thanks to robust demand and sustained growth in key regions. 

This report by The Canadian Press was first published Feb. 26, 2025.

Companies in this story: (TSX:WSP)

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