WSP Global Reports Strong Q1 2025 Financial Results and Record Backlog

WSP Global ( (TSE:WSP) ) has issued an announcement.

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 reached a record $16.6 billion, indicating robust future project commitments. Adjusted EBITDA grew by 19.7% to $533.9 million, reflecting improved operational efficiency. Despite higher acquisition and integration costs, primarily due to the acquisition of POWER Engineers, WSP maintained a stable adjusted EBITDA margin of 16.0%. The positive financial performance underscores WSP’s solid industry positioning and growth trajectory, benefiting stakeholders with increased earnings and a strong backlog.

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 in the engineering and design industry. The company provides consulting services in various sectors including infrastructure, transportation, and environmental projects, with a strong market focus on delivering sustainable solutions.

Average Trading Volume: 276,072

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$32.67B

For detailed information about WSP stock, go to TipRanks’ Stock Analysis page.