05:08 PM EST, 02/26/2025 (MT Newswires) -- WSP Global ( WSPOF ) on Wednesday said its fourth-quarter adjusted profit rose 23% on higher revenue.
The engineering and design company said its adjusted profit, excluding most one-time items, rose to $305.3 million, or $2,34 per share, in the period, up from $247.8 million, or $1.99, in the year-prior quarter.
Net revenue also rose 23%, to $3.39 billion from $2.76 billion.
"Robust demand for our services and sustained growth in key regions enabled us to deliver above expectations for 2024 and the three-year period. As we begin executing on our 2025-2027 Global Strategic Action Plan, we intend to push boundaries even further," chief executive Alexandre L'Heureux said in a release.
WSP shares closed up $1.57 to $258.85 on the Toronto Stock Exchange.