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WSP Global sees third-quarter earnings rise to $203.6 million

MONTREAL — WSP Global Inc. says its third-quarter net earnings attributable to shareholders were $203.6 million, up from $156.2 million a year earlier. The Montreal-based company says revenues for the quarter were $3.98 billion, up from $3.
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The WSP Global Inc. logo is seen in Toronto on Sunday, Sept. 1, 2024. THE CANADIAN PRESS/Sean Vokey

MONTREAL — WSP Global Inc. says its third-quarter net earnings attributable to shareholders were $203.6 million, up from $156.2 million a year earlier.

The Montreal-based company says revenues for the quarter were $3.98 billion, up from $3.6 billion during the third quarter of 2023.

Diluted earnings per share were $1.63, up from $1.25 a year earlier.

WSP says its backlog as of Sept. 28 reached a new record of $14.8 billion.

The company revised its outlook for the full year higher, saying net revenues are now expected to be between $11.8 billion and $12.1 billion.

It also announced the appointment of Mark Naysmith as global chief operating officer, effective in January.

This report by The 91Ô­´´ Press was first published Nov. 6, 2024.

Companies in this story: (TSX:WSP)

The 91Ô­´´ Press