WSP Global CEO says he sees company in same league as McKinsey as growth spree persists

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WSP Global projects between $10-billion and $10.6-billion in revenues this year, marking a jump of up to 19% from 2022, chief executive Alexandre L’Heureux said Thursday

says it aims to keep growing apace following its latest spate of acquisitions, as he aspires to boost earnings and, eventually, vault into the same competitive arena as the world’s largest professional services firms.

He forecasted adjusted earnings growth for 2023 of about 18 per cent, or between $1.76-billion and $1.84-billion. Asked by an analyst whether he could envision a time when WSP competes more with the likes of global consulting giants like Deloitte and McKinsey than pure-play engineering firms, L’Heureux replied unequivocally: “Absolutely.”

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