WSP Global reports third-quarter profit and revenue up from year ago - InfoNews

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WSP Global reports third-quarter profit and revenue up from year ago

November 08, 2017 - 5:23 AM

MONTREAL - WSP Global Inc. says its third-quarter profit climbed compared with a year ago as revenue also improved.

The engineering firm (TSX:WSP) says it earned $72.6 million or 71 cents per share for the quarter, up from $62.9 million or 63 cents per share a year ago.

Revenue totalled $1.64 billion, up from $1.55 billion in the same quarter last year.

The financial results came as WSP works to grow its business around the world.

The company announced last week it has a deal to acquire Consultoria Colombiana S.A., a 1,000-employee consulting firm based in Colombia, that will expand the Canadian firm's presence in Latin America.

The deal follows an agreement earlier this year to acquire Opus International Consultants Ltd. in New Zealand.

News from © The Canadian Press, 2017
The Canadian Press

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