WSP announced a million dollars, Seven -year collaboration with Microsoft At the beginning of 2025 to accelerate the digitalization of the architecture, engineering and construction industry through artificial intelligence. This alliance is bearing fruit, said CEO Alexandre the Heux in a winning call from the second quarter on August 7.
“In our bidding group … we believe that we can soon reduce a part of our human production by about 80%,” said the Heux. “So this is not a minimis, because we have tender groups in all segments and all countries. So it is an example of where we feel that we can make enormous improvement and reduce human intervention.”
It is not just the AI creating these results, but in the last decade, the income of the Montreal building giant per employee has been constantly growing, while the labor force became cheaper, according to Heauxe.
“Our income at this moment grow much faster than our count,” said Heaux. “That is why today, unlike perhaps five, six, seven years, I do not speak as much count as before. For me, it is becoming more and more irrelevant.”
Although the market is still “very, very dynamic”, WSP has not seen much interruptions related to the elections in the midst of recent or near votes in main markets, such as New Zealand, United Kingdom, Australia, Canada and the United States, according to Heaux.
Even with the change of regime in the United States and the United Kingdom, infrastructure spending is still a maximum priority for both countries, said Heauxe. Although President Donald Trump’s administration has caused some changes in priorities, for example, far from renewables and fossil fuels, it aims to facilitate and streamline investment.
Projects and sectors
Related data centers and projects are kept in heat, with a “robust activity in all our geographies”, according to Heauxe.
“Mandates include the acquisition of places, due diligence, the master planning of the new AI factories, the design projects of the Greenfield data center, the updates of the Brownfield Data Center and the growing demand for power and water infrastructure,” said Heauxex.
WSP has also experienced “enormous growth of energy generation,” said Heaux, quoting thermal and nuclear energy in particular. To that end, Power Engineers, Hailey’s engineering and environmental consulting firm Idaho, who bought in August 2024, had a 16% organic growth rate this quarter.
“It was an essential agreement and I am very pleased that we would have completed this acquisition. It is very, very strategic for our platform,” said Heaux. “I feel very bullish in this acquisition and very bullful around [power generation] Sector. “”
The water continues to benefit from the investment in most WSP geographies, said Heauxe. The firm recently achieved a role in an expansion of the Ontario wastewater treatment plant, as well as an important PFAS project for the United States Air Force in the Midwest, which “shows our strong position in the combined defense and water markets”, according to heux.
Despite the reversal of the Trump administration of environmental projects and protections, the WSP environmental decline has continued to grow, even in the United States, said Heauxe. In particular, WSP’s biodiversity and marine experience are in great demand in Canada.
The transport infrastructure sector, including the railway, continued to work well, by the Heaux. WSP won a role in $ 3.9 billion Hampton Roads Pont project in Virginiaas well as the new Perth International Airport Terminal in Australia.
By the numbers
WSP recorded revenue of Canadian $ 4.5 billion ($ 3.3 billion) In their second quarter earnings14.6% more than $ 3.9 billion of CA in the 2nd 2024. The firm’s profits grew up to $ 279 million in 22025, up to almost 52% compared to the same period last year.
The decline was $ 16.3 billion, an increase of 10.9% compared to 22 of 2024.
This was mostly duty to a strong continued performance in Canada, America and Europe, Middle East, India and Africa, according to the WSP CFO Alain Michaud, and to the fact that WSP reduced his presence in the Asia and Pacific region In the first half of the year after its performance it was slowed.
“Customers recognize the expertise we bring to the table,” said Heaux. “It allows us to be more selective in the projects we carry out, but it also allows us to collect the great work our engineers do.”
More M&A
Although the Heux said that in the last quarter The uncertainty related to the election was diminished The M&A market said that his company continues to pursue merger and acquisition opportunities.
In June WSP acquired lexicaA consulting firm based in the United Kingdom specializing in Health and Life Sciences, which adds 90 experts to the planning, property and business of advice of the company in the region and form a new advisory team of Health Sciences and Life Sciences.
WSP also announced an agreement in June at Buy the UK Ricardo Consultingwhich offers strategic advice and engineering solutions that intersect the overall transport, energy and environmental agenda.
