WSP Global Q4 Earnings Call Highlights

Michaud added that the company absorbed rightsizing and restructuring costs in 2025 that reduced margins by about 40 basis points , implying underlying margin expansion of roughly 80 basis points before those costs.On profitability, Michaud said adjusted EBITDA in Q4 was CAD 694 million , up about 9% year-over-year, and adjusted EBITDA margin in the quarter was 18.9% versus 18.7% in Q4 2024. For the full year, adjusted EBITDA totaled CAD 2.5 billion , up 17% , with adjusted EBITDA margin of 18.3% , which ma ...