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

On November 8, 2024By Littum

MONTREAL — WSP Global Inc. says its third-quarter net income attributable to shareholders was 203.6 million dollarsup from 156.2 million dollars a year earlier.

The Montreal-based company says revenue for the quarter was 3.98 billion dollarsup from 3.6 billion dollars in the third quarter of 2023.

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

WSP says its backlog per 28 September reached a new record of 14.8 billion dollars.

The company revised its full-year outlook higher, saying net sales are now expected to be mid-range 11.8 billion dollars and 12.1 billion dollars.

It also announced the appointment of Mark Naysmith as global chief operating officer with effect from January.

This report by The Canadian Press was first published November 6, 2024.

Companies in this story: (TSX:WSP)