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WSP Global earnings rise to $166.9 million in fourth quarter

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

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.

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)

The Canadian Press

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