Business · Companies · 5 hrs ago
WSP Global reports higher quarterly profit and revenue
Montreal-based WSP Global reported $333.7 million in third-quarter profit, compared with $284.5 million in the same quarter last year.
Profit per share rose to $2.48 from $2.18.
Revenue increased to $5.29 billion, up from $4.53 billion a year earlier.
The firm’s backlog of work reached $20.3 billion, up 23.5 per cent from the prior-year quarter.
A growing backlog means WSP has more contracted work ahead, while the company says it is also seeing organic growth.
WSP has agreed to buy Canadian firm GCM Corpo, which focuses on energy and industrial engineering consulting.
The sources do not say when that deal is expected to close.
WSP Global reported third-quarter net earnings attributable to shareholders of $333.7-million, up from $284.5-million a year earlier.
Revenue rose to $5.29-billion from $4.53-billion in the same quarter last year.
Earnings per share were $2.48, compared with $2.18 a year earlier.
The company said its backlog was $20.3-billion as of Sept. 25, up 23.5 per cent from the prior-year quarter.
Last month, WSP said it signed a deal to buy Canadian engineering consulting firm GCM Corpo Inc.
- Who
- WSP Global Inc., a Montreal-based engineering firm.
- What
- It reported higher third-quarter earnings and revenue.
- When
- The third quarter; the report was published Nov. 4, 2026.
- Where
- Montreal-based; the report does not state where the results were announced.
- Why
- Not stated
This story does not have two clearly opposing sides.
WSP said it signed a deal to buy GCM Corpo Inc., a Canadian engineering consulting firm focused on the energy and industrial sectors.
WSP reported net earnings of $333.7-million and revenue of $5.29-billion.
WSP’s backlog stood at $20.3-billion.
- Net earnings
- $333.7-million, compared with $284.5-million a year earlier
- Revenue
- $5.29-billion, compared with $4.53-billion a year earlier
- Earnings per share
- $2.48, compared with $2.18 a year earlier
- Backlog
- $20.3-billion as of Sept. 25, up 23.5 per cent year over year
- Acquisition deal
- WSP signed a deal to buy GCM Corpo Inc. last month