The Canadian PressMONTREAL – WSP Global Inc. raised its financial outlook as it said it’s looking to grow its business across its core markets.
That’s despite walking away from the acquisition of British consulting firm RPS Group in October due to a rival offer by Tetra Tech Inc. The company says it now expects its net revenue to be between $8.80 billion and $8.90 billion, up from earlier expectations for between $8.25 billion and $8.75 billion. Its adjusted earnings before interest, taxes, depreciation and amortization are now expected to be between $1.51 billion and $1.53 billion, up from between $1.43 billion and $1.49 billion.
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