April 17th, 2024

WSP Global reports higher earnings, revenues for fourth quarter

By The Canadian Press on February 28, 2024.

The WSP Global Inc. logo is seen in this undated handout photo. *MANDATORY CREDIT*

MONTREAL – WSP Global Inc. says it earned $130.6 million in the fourth quarter, up from $120 million a year earlier.

The Montreal-based company says revenues for the quarter ended Dec. 31 were $3.7 billion, up from $3.6 billion during the same quarter in 2022.

Basic net earnings per share were $1.05, up from 96 cents.

Earnings for the full financial year were $550 million, up from $431.8 million in 2022.

Revenues were also higher at $14.4 billion, up from $11.9 billion in 2022.

In its outlook for 2024, WSP Global says it anticipates organic growth in net revenues in its Canadian operations to be in the mid-to-high single digits.

This report by The Canadian Press was first published Feb. 28, 2024.

Companies in this story: (TSX:WSP)

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