WSP Global Inc. Reports Strong Q1 2025 Results with Record Backlog

WSP Global ( (TSE:WSP) ) has shared an update.

WSP Global Inc. reported strong financial results for the first quarter of 2025, with revenues reaching $4.39 billion, a 22.4% increase from the previous year. The company’s backlog grew to a record $16.6 billion, reflecting robust demand for its services. Key financial metrics, such as adjusted EBITDA and net earnings, showed significant growth, driven by higher operational performance despite increased acquisition costs. The results underscore WSP’s solid market positioning and its ability to capitalize on growth opportunities, benefiting stakeholders and reinforcing its industry leadership.

Spark’s Take on TSE:WSP Stock

According to Spark, TipRanks’ AI Analyst, TSE:WSP is a Outperform.

WSP Global exhibits strong financial health with impressive revenue growth and strategic achievements. The main strengths include robust cash flow and successful integration of acquisitions. However, high valuation and increased debt levels pose potential risks. Technical indicators are mixed, suggesting some caution in the short term.

To see Spark’s full report on TSE:WSP stock, click here.

More about WSP Global

WSP Global Inc. is a leading professional services firm that operates globally. The company specializes in providing engineering and consulting services across various sectors, including infrastructure, environment, building, and energy. With a strong market presence, WSP focuses on delivering sustainable solutions and innovative projects to its clients worldwide.

Average Trading Volume: 276,072

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$32.67B

For an in-depth examination of WSP stock, go to TipRanks’ Stock Analysis page.