WSP Global CEO confident despite Trump's spending freeze

financialpost.com —

WSP Global CEO Alexandre L’Heureux expressed confidence in the company's future in the U.S., despite President Trump's recent freeze on infrastructure spending. He noted bipartisan support for infrastructure projects, which are crucial for WSP's revenue. L’Heureux acknowledged that uncertainty may slow mergers and acquisitions in the first half of 2025. However, he believes activity will increase in the coming years, and WSP plans to be actively involved. For the fourth quarter of 2024, WSP reported a 28% increase in net earnings to $166.9 million and a 25% rise in revenue to $4.66 billion, surpassing analysts' expectations for the tenth consecutive quarter.


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WSP Global CEO confident despite Trump's spending freeze | News Minimalist