Slide 1: Pierre Shoiry: 2012 in Review, Integration Update
PIERRE SHOIRY President and Chief Executive Officer 2012 in Review Integration Update 1
Slide 2: We Delivered on Our Strategic Plan
WE DELIVERED ON OUR STRATEGIC PLAN Stated objective: deriving 50% of our net revenues from international operations by 2015 15,000 +300 35 EVERY EMPLOYEES OFFICES COUNTRIES CONTINENT WSP and GENIVAR have now become one of the world’s leading professional services firms 2
Slide 3: 2012 at a Glance
2012 AT A GLANCE Our 2012 Priorities Delivery DELIVER GROWTH Expand geographic footprint √ Deliver organic growth Enhance capabilities and extend services √ Attract, develop and retain the best people √ Increase backlog √ RESILIENT FINANCIAL PERFORMANCE IN COMPETITIVE ENVIRONMENT Revenue increase Ma
Slide 4: 2012 Acquisitions
2012 ACQUISITIONS Date Company Geography Market Employees GLOBAL 9,000 August WSP Worldwide Multi-disciplinary professional services INTERNATIONAL 400 January CRA Colombia Civil engineering, environment, energy and telecommunications CANADIAN 300 June North 46 Architecture Inc. Canada Buildings Marc
Slide 5: Key Elements to Pursue Growth
KEY ELEMENTS TO PURSUE GROWTH Successful integration Invest in people Organic and internal growth leadership Financial Client care performance/ Operational excellence Develop global Leverage accounts expertise Strategic growth 5
Slide 6: Integration Activities at a Glance
INTEGRATION ACTIVITIES AT A GLANCE TASK GROUPS MANDATE • Finance • Capture the upside by focusing • Legal, Tax and Treasury on revenue synergies, while • Information Technologies efficiently managing back-office • Enterprise risk management – integration insurance and governance • Fostering a collab
Slide 7: 100-Days Accomplishment
100-DAYS ACCOMPLISHMENT • Environment & Energy division OPERATIONS • U.S. operations • Financial benchmarking of all operations SUPPORT • Information Technologies FUNCTIONS • Legal, Tax, Finance GROWTH AND • Global growth team CONNECTIVITY • Communications 7
Slide 8: Integration of Environment & Energy Division
INTEGRATION OF ENVIRONMENT & ENERGY DIVISION 1,060 employees Integration of E&E division which was operating as a standalone business, into the regional structure of WSP Reinforcement of our service offering in our regions Continued development of global connectivity to enable us to continue g
Slide 9: Previous Structure of U.S. Team
PREVIOUS STRUCTURE OF U.S. TEAM Building Building Transportation Environment Structures Systems Infrastructure Energy CEO CEO CEO CEO CFO CFO CFO CFO Finance Finance Finance Finance Human Resources Human Resources Human Resources Human Resources Marketing Marketing Marketing Marketing Communications
Slide 10: Uniting Four Companies in the U.S.
UNITING FOUR COMPANIES IN THE U.S. 1,050 employees – 32 offices INITIAL FOCUS NEXT STAGE • Integrate four • Continue integration companies into one and operational • Reduce overhead excellence • Streamline operations • Organic growth • Aggressive strategic regional growth of our 3 markets (buildings
Slide 11: Revenue Synergies
REVENUE SYNERGIES Objective: increased global connectivity FIVE KEY SECTORS WHERE SYNERGIES ARE MOST EVIDENT Aviation Mining Energy Industry Transportation AUDIT OF THE SKILLS, CAPABILITIES, STRENGTHS, WEAKNESSES, CLIENTS, FEES, LOCATION AND COMPETITORS FOR EACH SECTOR 11
Slide 12: Retaining and Connecting Our People
RETAINING AND CONNECTING OUR PEOPLE IT Services Communications Human Resources • Teams working on • Integration of Intranet before • Focus on retention linking IT networks the end of this year • Future structure of the combined • Lync in place since • New website to be launched in 2013 company to be
Slide 13: Managing Our Risks
MANAGING OUR RISKS Enterprise Risk Management • Globalization of the Enterprise Risk Management System Internal audit • Standardization of processes and procedures across the organization Insurance • Integration of new combined appropriate Global Professional Indemnity Policy Governance • Review of
Slide 14: Structuring a Strong Financial Platform
STRUCTURING A STRONG FINANCIAL PLATFORM Finance • Review of reporting, performance, benchmarking, financing, tax and associated issues • Analyzing and planning for the integration of our ERP system 14
Slide 15: Summary
SUMMARY • Integration activities progressing as planned • Strategy on track • Good progress to date • Next quarters are about continuing to deliver on organic growth and operating margins 15