WSP Global Inc. is generating the best returns among Canadian industrial stocks after setting itself up to grab a bigger slice of the $3.6 trillion U.S. construction market.
In buying Parsons Brinckerhoff Group for $1.3 billion in 2014, WSP added U.S. clients including the operator of New York’s subways. For the Montreal-based engineering firm, that means a bigger foothold in rails, bridges and ports after working on buildings such as London’s Shard skyscraper.
If a company thinks big, the capital markets will support those aspirations.
This is the amazing story of WSP Global Inc., an engineering services firm that has grown its market value by more than 15 times in less than a decade.
In the Spring of 2006, GENIVAR Income Fund was a Quebec-based engineering services firm that employed 1,150 people across 31 offices in Canada and one in the Caribbean. In its May 2006 initial public offering, it raised $110-million and its underlying business was valued at about $190-million.
Cooper Tire & Rubber (CTB) Q1 2014 Earnings Call May 02, 2014 11:00 am ET
Bradley E. Hughes - Chief Financial Officer, Vice President and Treasurer Roy V. Armes - Chairman, Chief Executive Officer and President
Brett D. Hoselton - KeyBanc Capital Markets Inc., Research Division Rod Lache - Deutsche Bank AG, Research Division
Cooper Tire & Rubber (CTB)
Q1 2013 Earnings Call
May 09, 2013 11:00 am ET
Jerry A. Long - Chief Financial Officer of Cooper Asia
Roy V. Armes - Chairman, Chief Executive Officer and President
Bradley E. Hughes Hughes - Chief Financial Officer and Vice President
Aditya Oberoi - Goldman Sachs Group Inc., Research Division
Rod Lache - Deutsche Bank AG, Research Division