Wsp Global Inc · TSX:WSP

Wsp Global — Q2 2024 Earnings Presentation

17 slides from Wsp Global's earnings presentation, Jul 30, 2024

  1. Slide 1: Q2 2024 Results

    WSP Q? 2024 Results July 30, 2024

  2. 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. It may constitute forward-looking statements or forward-looking information under Canadian securities laws (

  3. Slide 3: Q2 2024 Highlights

    3 Q2 2024 Highlights Q2 2024 Results

  4. Slide 4: Q2 2024 Highlights

    Q2 2024 HIGHLIGHTS Quality organic growth in net revenues across all $3.9B (+8.5% vs Q2 2023 ) reportable segments Revenues The organic growth of net revenue of 8.0% in the quarter is $3.0B (+9.1% vs Q2 2023 ) attributable to all reportable segments, led by the US, Canada, the UK, Net Revenues(1) an

  5. Slide 5: Project Wins – Canada

    PROJECT WINS – CANADA — WSP provides engineering services for the new, state-of-the-art Advanced Medical Research Centre at the University of Ottawa (uOttawa). — The expertise provided will include 5 mechanical and electrical engineering, energy modeling, sustainability and LEED services, building s

  6. Slide 6: Project Wins – United States

    PROJECT WINS – UNITED STATES — WSP was chosen to lead the design of the Seattle-Tacoma International Airport (SEA) Industrial Wastewater Treatment Plant (IWTP). — The IWTP treats airfield stormwater associated with industrial activities 6 from aircraft fueling and maintenance operations and wastewat

  7. Slide 7: Project Wins – France

    PROJECT WINS – FRANCE — WSP will design the « Line 15 East-Nord » of the New Metro Line 15 in Paris, France, for the Société des Grands Projets (Major Project Company). — The project started in Q2 2024, and its 7 completion date is scheduled for end of 2031. — The 8 km of « Line 15 East-Nord » is pa

  8. Slide 8: Segment Overview

    8 Q2 2024 Segment Overview Q2 2024 Results

  9. Slide 9: Q2 2024 Segment Overview: Canada

    Q2 2024 SEGMENT OVERVIEW: CANADA 10.2% 23.0% 2.7% organic growth in adjusted EBITDA organic backlog net revenues margin by growth in the segment six-month period 9 Net Revenues Breakdown – Q2 2024 Power & Energy 4% WSP plays an essential role in developing Transport & infrastructure megaprojects acr

  10. Slide 10: Q2 2024 Segment Overview: Americas

    Q2 2024 SEGMENT OVERVIEW: AMERICAS* 10.0% 20.8% 2.0% organic growth in adjusted EBITDA organic backlog net revenues margin by growth in the segment six-month period 10 Net Revenues Breakdown – Q2 2024 Power & Energy WSP is serving as engineer of record for 8% Maryland’s David F. Bone Equipment Prope

  11. Slide 11: Q2 2024 Segment Overview: EMEIA

    Q2 2024 SEGMENT OVERVIEW: EMEIA* 7.6% 13.7% 7.3% organic growth in adjusted EBITDA organic backlog net revenues margin by growth in the segment six-month period 11 Net Revenues Breakdown – Q2 2024 Power & Energy 8% Transport & The work on the most extensive cleanup in Infrastructure Denmark’s histor

  12. Slide 12: Q2 2024 Segment Overview: APAC

    Q2 2024 SEGMENT OVERVIEW: APAC* 1.9% 15.9% 0.6% organic growth in adjusted EBITDA organic backlog net revenues margin by growth in the segment six-month period 12 Net Revenues Breakdown – Q2 2024 Power & Energy 3% WSP and its partners have been awarded two significant packages of work to support to

  13. Slide 13: Financial Performance

    13 Q2 2024 Financial Performance Q2 2024 Results

  14. Slide 14: Revenues and Net Revenues

    REVENUES AND NET REVENUES +8.5% +9.1% $3 932.9 $3 626.0 14 $2 988.0 $2 739.1 Q2 2024 Results Revenues Net Revenues Numbers are quoted in millions of Q2 2023 Q2 2024 dollars (except percentages)

  15. Slide 15: Profitability

    PROFITABILITY +34.2% +12.6% $519.9 $461.6 15 $327.2 +50 bps 17.4% $243.9 Q2 2024 Results 16.9% Earnings before net financing expense and income Adjusted EBITDA ($) and adjusted EBITDA margin taxes (%) Numbers are quoted in millions of dollars (except percentages). Q2 2023 Q2 2024

  16. Slide 16: Net Earnings

    NET EARNINGS +22.2% +21.2% $236.0 $ 194.7 $184.1 16 $150.7 Q2 2024 Results $1.56 $1.89 per per $1.21 $1.48 share share per per share share (1) Net earnings attributable to shareholders Adjusted net earnings (1) Q2 2023 Q2 2024 Numbers are quoted in millions of dollars (except percentages and per-sha

  17. Slide 17: Days Sales Outstanding (DSO)

    DAYS SALES OUTSTANDING (DSO)(1) 85 83 81 79 17 79 17 77 77 76 76 Q2 2024 Results 75 75 73 (1) DSO is a supplementary financial measure without a standardized definition within IFRS, which may not be 71 comparable to similar measures presented by other issuers. DSO represents the average number of da

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