WSP Global

WSP Global reported adjusted EPS of CAD 2.88 and revenue of USD 4.27bn in the second quarter, each slightly above consensus estimates. The adjusted EBITDA margin rose to 19.1%, the best Q2 margin in the company’s history, and the order backlog reached a record CAD 20.1bn. The company raised its forecasts for net revenue and adjusted EBITDA for 2026, citing organic growth, productivity gains and strong performance from TRC as drivers. The stock reacted positively after hours and climbed significantly. » Altro su de.investing.com

WSP Global reported adjusted EPS of $2.21 for Q1 2026 (expectation $2.08) and net revenues of $3.71 billion, beating estimates. Revenue rose to $4.6 billion (+3.7%), adjusted EBITDA climbed 16.5% to $622.2 million and the adjusted EBITDA margin improved by 80 basis points to 16.8%. Also positive were a record backlog of CAD 20 billion and a high free cash flow conversion rate; offsetting factors included acquisition-related costs and higher leverage (debt-to-equity 0.36). WSP confirmed its 2026 net revenue guidance ($16.0–17.0 billion) and narrowed the target range for adjusted EBITDA to $3.05–3.18 billion, but sees capacity constraints and a shortage of skilled workers as risks. » Altro su de.investing.com

WSP Global has announced a private placement of $1.5 billion, consisting of a $650 million tranche (coupon 5.039%, maturity Sept. 18, 2031) and an $850 million tranche (coupon 5.714%, maturity Sept. 18, 2036). Net proceeds will be used in part to repay borrowings taken on in the acquisition of TRC Companies and for general corporate purposes. The notes are direct, unsecured senior obligations, being offered under Rule 144A and Regulation S and were not registered in the United States; closing is expected around March 18, 2026. Despite a current ratio of 0.6, InvestingPro rates WSP’s overall financial condition as “GOOD.” » Altro su de.investing.com

WSP Global reported Q4 2025 EPS of CAD 2.65 (forecast CAD 2.61) and revenue of CAD 3.67 billion (forecast CAD 3.63 billion). Adjusted EBITDA rose 9% to CAD 694 million, and adjusted net income rose 14% to CAD 346 million. The company recorded a record-high order backlog, strong cash flow, and cites strategic acquisitions in the energy and power sector as growth drivers. The stock rose about 1.6% following the results. » Altro su de.investing.com

WSP Global has completed the acquisition of TRC Companies; TRC brings about 8,000 employees and more than 55 years of industry experience in energy, water, infrastructure, environment and digital solutions. The transaction aligns with the 2025–2027 strategic plan and makes the combined company, according to ENR, the highest‑revenue engineering and design firm in the US and the leading platform in energy and power by domestic revenue. WSP highlights the expanded value chain in the energy sector; TRC sees the takeover as an opportunity to scale its service offering. WSP operates in more than 50 countries, employs around 83,000 people, and its share is trading near its 52‑week high, although an analysis points to a possible overvaluation. » Altro su de.investing.com