WSP Global reports higher earnings, revenues for fourth quarter

By The Canadian Press on February 28, 2024.

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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