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WSP Global investor presentation dated August 2020.
August 5th, 2020Q2 2020 Results
CAUTIONARY STATEMENT AND NON -IFRS MEASURES
CAUTIONARY STATEMENT
— Certain information regarding WSP contained herein may constitute forward -looking statements. Forward -looking statements may inc lude estimates, plans, objectives,
expectations, opinions, forecasts, projections, guidance, outlook or other statements that are not statements of fact, includ ingstatements regarding the sufficiency of WSP’s
liquidity and working capital requirements for the foreseeable future. Forward -looking statements made by the Corporation in thi s press release are based on a number of
assumptions believed by the Corporation to be reasonable as at August 5, 2020, including assumptions about general economic a nd political conditions; the state of the global
economy and the economies of the regions in which the Corporation operates; the state of and access to global and local capit al and credit markets; the anticipated impacts of
the COVID -19 pandemic on the Corporation’s businesses, operating results, cash flows and/or financial condition, including the e ffect of measures implemented as a result of the
— Although WSP believes that the expectations reflected in such forward -looking statements are reasonable, it can give no assuranc e that such expectations will prove to have
been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could caus e actual results to differ materially from those
anticipated or implied in the forward -looking statements, including risks relating to the COVID -19 pandemic. WSP's forward -looki ng statements are expressly qualified in their
entirety by this cautionary statement. The complete version of the cautionary note regarding forward -looking statements as well as a description of the relevant assumptions and
risk factors likely to affect WSP's actual or projected results are included in the amended Management’s Discussion and Analy sisfor the year ended December 31, 2019 and the
Management’s Discussion and Analysis for the quarter ended
June 27, 2020, which are available on SEDAR at www.sedar.com. The forward -looking statements contained in this press release are made as of the date hereof and WSP does
not assume any obligation to update or revise any forward -looking statements, whether as a result of new information, future eve nts or otherwise unless expressly required by
applicable securities laws.
— The Corporation reports its financial results in accordance with IFRS. However, in this press release, the following non -IFRS me asures are used by the Corporation: net revenues;
adjusted EBITDA; adjusted EBITDA margin; adjusted net earnings; adjusted net earnings per share; backlog; free cash flow; day s sales outstanding (“DSO”) and net debt to
adjusted EBITDA ratio. Additional details for these non -IFRS measures, including a reconciliation of such measures to the most d irectly comparable IFRS measures, can be found
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