TSX:QTRH - Post Discussion
Post by
cabbieJBJ on Mar 04, 2024 11:21am
Some interesting dots...
As we know, QTRH hired David Sparks ad EVP, Strategy in early December.
Prior to joining QTRH, he was Senior VP and WSP-USA.
In early 2022, QTRH sub-contracted to WSP-USA on on the Orange County 405 Express Lanes project. The sub-contract was valued at USD $49M
WSP Global released its Q4/F23 results last week. This comment from the CEO, Alexandre L’Heureux, caught my attention: L'Heureux said organic revenue growth in the mid-to-high single digits at the company's Canadian and U.S. operations would fuel the overall rise, as the company continues to seize on the spending unleashed by the U.S. government’s US$1.2-trillion Infrastructure Investment and Jobs Act passed in November 2021.
"We continue to see positive momentum stemming from the bipartisan infrastructure bill," L'Heureux told analysts on a conference call.
"The biggest opportunities for this bill and other stimulus programs globally are in roads, bridges and major transportation projects" — a segment that saw a big spike in organic revenue last year.
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