Slide 1: Q3 2023 Results
Q3 2023 Results November 8, 2023
Slide 2: Cautionary Statement and Non-IFRS Measures
CAUTIONARY STATEMENT AND NON-IFRS MEASURES CAUTIONARY STATEMENT — Certain information regarding WSP Global Inc. ("WSP" or the "Corporation") contained herein is not based on historical facts and may constitute forward-looking statements or forward-looking information under Canadian securities laws (
Slide 3: Q3 2023 Highlights
3 Q3 2023 Highlights Q3 2023 Results
Slide 4: Q3 2023 Highlights
Q3 2023 HIGHLIGHTS Generated solid organic growth in net revenues $3.60B (+24% vs Q3 2022 ) across all reportable segments Revenues Net revenue organic growth of 6.7% in the quarter, attributable to all $2.73B (+25% vs Q3 2022 ) reportable segments. Net Revenues(1) $521.5M (+28% vs Q3 2022 ) Improve
Slide 5: Industry Awards and Accolades
INDUSTRY AWARDS AND ACCOLADES Upheld the No. 1 position in Engineering News-Record’s (ENR) annual 2023 list of Top 225 International Design Firms. 5 Inclusion in Fortune’s Change the World 2023 list, which recognizes companies having a positive social impact through activities that are part of their
Slide 6: Project Wins – Canada
PROJECT WINS – CANADA — Surge in government funding available for the EV battery market in Canada is prompting our global clients to select sites in Ontario and Quebec for their new facilities. 6 — Drawing from expertise across our business lines, WSP is well-positioned to support the full EV batter
Slide 7: Project Wins – Global
PROJECT WINS – GLOBAL — WSP has assessed how nine very different healthcare systems, on six continents, are embarking on their decarbonization journeys. — This white paper details their 7 progress, looking at the strategies and solutions being adopted, as well as aspirations for the future, within t
Slide 8: Project Win – New Zealand
PROJECT WIN – NEW ZEALAND — WSP was engaged to provide geotechnical and stormwater design solutions for the remediation of eight critical slip sites including the North Auckland Line (NAL). The Geotechnical and Stormwater teams 8 are working collaboratively to deliver the designs within a very tight
Slide 9: Project Win – United Kingdom
PROJECT WIN – UNITED KINGDOM — WSP has been commissioned for the early stages of the Development Consent Order (DCO) for the Mersey Tidal power project, the largest publicly led renewable project in the UK. 9 — DCO services include Environmental Impact Assessment, Stakeholder and Planning services.
Slide 10: Overview
10 Q3 2023 Overview Q3 2023 Results
Slide 11: Q3 2023 Regional Overview: Canada
Q3 2023 REGIONAL OVERVIEW: CANADA 8.5% 25.8% 12.3% organic growth in adjusted EBITDA organic backlog net revenues margin by growth in the nine- segment month period* 11 Net Revenues Breakdown – Q3 2023 Industry Power & Energy 4% Transport & 4% Infrastructure Q3 2023 Results 30% Property & Buildings
Slide 12: Q3 2023 Regional Overview: Americas
Q3 2023 REGIONAL OVERVIEW: AMERICAS 4.8% 21.0% 7.3% organic growth in adjusted EBITDA organic backlog net revenues margin by growth in the nine- segment month period* 12 Net Revenues Breakdown – Q3 2023 Power & Energy Property & 3% Buildings 14% WSP customized TC Energy’s GeoForce - a Q3 2023 Result
Slide 13: Q3 2023 Regional Overview: EMEIA
Q3 2023 REGIONAL OVERVIEW: EMEIA 6.7% 15.0% 8.0% organic growth in adjusted EBITDA organic backlog net revenues margin by growth in the nine- segment month period* 13 Net Revenues Breakdown – Q3 2023 Industry Power & Energy 1% 10% Transport & Infrastructure Q3 2023 Results 43% The Welsh Government h
Slide 14: Q3 2023 Regional Overview: APAC
Q3 2023 REGIONAL OVERVIEW: APAC 8.6% 20.6% 1.8% organic growth in adjusted EBITDA organic backlog net revenues margin by contraction in the segment nine-month period* 14 Net Revenues Breakdown – Q3 2023 Power & Energy Industry 2% 1% Q3 2023 Results Property & Buildings WSP, in a design joint venture
Slide 15: Financial Performance
15 Q3 2023 Financial Performance Q3 2023 Results
Slide 16: Revenues and Net Revenues
REVENUES AND NET REVENUES +24.2% +24.7% $3 597.4 $2 896.1 16 $2 734.8 $2 193.9 Q3 2023 Results Revenues Net Revenues Numbers are quoted in millions of dollars (except percentages). Q3 2022 Q3 2023
Slide 17: Profitability
PROFITABILITY +23.8% +28.1% $521.5 $407.0 17 $292.7 +50 bps 19.1% $236.4 Q3 2023 Results 18.6% (1) Earnings before net financing expense and income Adjusted EBITDA ($) and adjusted EBITDA margin taxes (%) Numbers are quoted in millions of dollars (except percentages). Q3 2022 Q3 2023
Slide 18: Net Earnings
NET EARNINGS +22.5% +27.4% $246.4 18 $ 193.4 $156.2 $127.5 Q3 2023 Results $1.98 $1.59 per $1.25 per share $1.05 per share per share share Net earnings attributable to shareholders Adjusted net earnings Numbers are quoted in millions of dollars (except Q3 2022 Q3 2023 percentages and per-share amoun
Slide 19: Days Sales Outstanding (DSO)
DAYS SALES OUTSTANDING (DSO)(1) 85 83 81 79 19 77 77 19 75 75 75 74 Q3 2023 Results (1) DSO is a supplementary financial measure without a standardized definition within 73 IFRS, which may not be comparable to 73 similar measures presented by other issuers. This presentation incorporates by referenc
Slide 20: Closing Remarks
20 Closing Remarks Q3 2023 Results