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FY2017 Annual Report: WSP Global Net Profit up 7.1% Corporate Wire Date: 20 November 2018 03:34 EST

Nov 20, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

WSP Global (TSX:WSP) reported net profit for the year-ended 31 December 2017 of CAD213m ($US170m), up 7.1% from CAD199m ($US148m) in the previous year.

Major changes compared with previous year:

Favourable Changes:

- Administration expenses to Revenues down from 3.6% to 3.3%

- Profit before tax to Revenues up from 4.2% to 4.5%

- Total revenue to total assets up from 1.0 to 1.1

- EBIT to total assets up from 4.3% to 4.8%

- EBIT Marg...