Slide 1: Q2 2023 Results
Q2 2023 Results August 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 are not based on historical facts and may constitute forward-looking statements or forward- looking information under Canadian securities laws
Slide 3: Highlights
3 Q2 2023 Highlights Q2 2023 Results
Slide 4: Results Ahead of Expectations
RESULTS AHEAD OF EXPECTATIONS — Continued strong momentum — Higher-than-expected organic growth in net revenues across all reportable segments 4 — Improved adjusted EBITDA margins — Robust backlog and record-high order intake for a quarter Q2 2023 Results — Financial outlook for 2023 is increased
Slide 5: Industry Awards and Accolades
INDUSTRY AWARDS AND ACCOLADES Earned the Compliance Leader Verification for our Ethics & Compliance program WSP was recognized for the third year in a 5 row as one of Canada’s Best 50 Corporate Citizens by Corporate Knights. Q2 2023 Results Received three Environment Analyst awards and recognized wi
Slide 6: Project Win – United States
PROJECT WIN – UNITED STATES — WSP has been named the professional engineer for the offshore high-voltage direct current (HVDC) converter platform for Sunrise Wind Farm. 6 — The offshore wind farm will be the first in the U.S. to use efficient high- voltage direct current technology. Q2 2023 Results
Slide 7: Project Win – Canada
PROJECT WIN – CANADA — WSP has been named as the Owner’s Engineer for Heidelberg Materials North America’s Carbon Capture, Utilization, and Storage (CCUS) project, to be constructed at its cement plant in Edmonton, 7 Alberta. — WSP is delivering what will be the cement industry’s first full-scale Q2
Slide 8: Project Win – Australia
PROJECT WIN – AUSTRALIA 8 Q2 2023 Results — WSP has been engaged to provide Owner’s Engineer services for the Waratah Super Battery (WSB), located in the Hunter – Central Coast Renewable Energy Zone. — Once completed, it will represent the world’s largest grid-scale battery.
Slide 9: Project Win – Global
PROJECT WIN – GLOBAL — In 2020, Microsoft committed to an ambitious goal of becoming carbon negative within 10 years, using methods that ensure often- overlooked, vulnerable communities 9 are afforded the clean energy resources and economic opportunities they need. Q2 2023 Results — WSP is helping M
Slide 10: Overview
10 Q2 2023 Overview Q2 2023 Results
Slide 11: Q2 2023 Regional Overview: Canada
Q2 2023 REGIONAL OVERVIEW: CANADA — 6.2 % organic growth in net revenues — 22.0 % adjusted EBITDA margin by segment — Organic backlog(1) growth in the six-month period of 13.7%. 11 Net Revenues Breakdown – Q2 2023 Industry Power & Energy 5% 5% Transport & Infrastructure Q2 2023 Results 28% Property
Slide 12: Q2 2023 Regional Overview: Americas
Q2 2023 REGIONAL OVERVIEW: AMERICAS — 11.3 % organic growth in net revenues — 19.3 % adjusted EBITDA margin by segment — Organic backlog growth in the six-month period of 1.8 % 12 Net Revenues Breakdown – Q2 2023 Power & Energy Property & 4% Buildings 13% Q2 2023 Results Transport & Infrastructure 4
Slide 13: Q2 2023 Regional Overview: EMEIA
Q2 2023 REGIONAL OVERVIEW: EMEIA — 5.8 % organic growth in net revenues — 14.3% adjusted EBITDA margin by segment — Organic backlog growth in the six-month period of 1.3 % 13 Net Revenues Breakdown – Q2 2023 Industry Power & Energy 2% 6% Q2 2023 Results Transport & Property & Infrastructure WSP will
Slide 14: Q2 2023 Regional Overview: APAC
Q2 2023 REGIONAL OVERVIEW: APAC — 14.9 % organic growth in net revenues — 16.8 % adjusted EBITDA margin by segment — Organic backlog growth in the six-month period of 2.6 % 14 Net Revenues Breakdown – Q2 2023 Power & Energy Industry 2% 1% Q2 2023 Results Property & Buildings 25% WSP is committed to
Slide 15: Financial Performance
15 Q2 2023 Financial Performance Q2 2023 Results
Slide 16: Revenues and Net Revenues
REVENUES AND NET REVENUES +31.2% +29.8% $3 626.0 16 $2 764.2 $2 739.1 $2 109.6 Q2 2023 Results Numbers are quoted in millions of dollars (except percentages). (1) Net revenues is a segment reporting measure and a total of segments measure, without a standardized definition within IFRS, which may not
Slide 17: Profitability
PROFITABILITY +43.3% +31.1% $ 461.6 $ 352.2 Numbers are quoted in millions of dollars 17 (except percentages). (1) Non-IFRS financial measure or non-IFRS ratio without a standardized definition $ 243.9 under IFRS, which may not be comparable to similar measures or ratios used by other issuers. This
Slide 18: Net Earnings
NET EARNINGS +68.8% +26.8% $ 194.7 18 $ 150.7 $ 153.5 Numbers are quoted in millions of dollars (except percentages and per-share amounts). (1) Non-IFRS financial measure or non-IFRS ratio without a standardized definition under IFRS, which may not be comparable to similar measures or ratios used by
Slide 19: Days Sales Outstanding (DSO)
DAYS SALES OUTSTANDING (DSO)(1) 85 83 81 79 19 77 19 75 75 75 74 73 73 Q2 2023 Results (1) DSO is a supplementary financial measure 73 without a standardized definition within IFRS, which may not be comparable to similar measures presented by other issuers. This presentation incorporates by 71 refer
Slide 20: Closing Remarks
20 Closing Remarks Q2 2023 Results