WSP Global Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 29, 2024
July 30, 2024 at 05:00 pm EDT
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WSP Global Inc. reported earnings results for the second quarter and six months ended June 29, 2024. For the second quarter, the company reported sales was CAD 3,932.9 million compared to CAD 3,626 million a year ago. Sales was CAD 3,932.9 million compared to CAD 3,626 million a year ago. Net income was CAD 184.1 million compared to CAD 150.7 million a year ago. Net income was CAD 184.1 million compared to CAD 150.7 million a year ago. Basic earnings per share from continuing operations was CAD 1.48 compared to CAD 1.21 a year ago. Basic earnings per share from continuing operations was CAD 1.48 compared to CAD 1.21 a year ago. Diluted earnings per share from continuing operations was CAD 1.47 compared to CAD 1.21 a year ago. Diluted earnings per share from continuing operations was CAD 1.47 compared to CAD 1.21 a year ago.
For the six months, sales was CAD 7,518 million compared to CAD 7,115.5 million a year ago. Sales was CAD 7,518 million compared to CAD 7,115.5 million a year ago. Net income was CAD 310.9 million compared to CAD 263.2 million a year ago. Net income was CAD 310.9 million compared to CAD 263.2 million a year ago. Basic earnings per share from continuing operations was CAD 2.49 compared to CAD 2.11 a year ago. Basic earnings per share from continuing operations was CAD 2.49 compared to CAD 2.11 a year ago. Diluted earnings per share from continuing operations was CAD 2.49 compared to CAD 2.11 a year ago. Diluted earnings per share from continuing operations was CAD 2.49 compared to CAD 2.11 a year ago.
WSP Global Inc. is a Canada-based professional services firm. The Company provides strategic advisory, engineering and design services to clients seeking sustainable solutions in the transportation, infrastructure, environment, building, energy, water and mining sectors. It also offers highly specialized services in project and program delivery and advisory services. Its segments include Canada, Americas (United States and Latin America), Europe, Middle East, India and Africa (EMEIA), and Asia Pacific, comprising Asia, Australia and New Zealand (APAC). It provides comprehensive technical support to the renewable energy industry. Its wind energy specialists help clients in both the onshore and offshore wind energy sectors develop systems. Its services include identification of prospective wind farm sites; resource assessment of wind power stations in high-wind-speed environments; wind power assessment studies and grid impact studies, and electrical interconnection studies.