Wallenius Wilhelmsen reports record performance
Wallenius Wilhelmsen has released its 2024 annual report, delivering all-time high results.
Its adjusted ebitda rose to USD 1.9 billion, while net profits reached USD 1.07 billion – both surpassing 2023 figures. All business segments contributed positively, despite an 8% drop in shipping volumes due to re-routing via the Cape of Good Hope. Revenues rose by 3% to USD 5.3 billion, supported by stronger rates and rising logistics volumes.
The company paid a record dividend of USD 1.85 per share linked to 2024 earnings. CEO Lasse Kristoffersen highlighted stronger safety, lower emissions and increased stakeholder value. “We’re well positioned for 2025 and committed to building connected, sustainable supply chains.”
The report follows CSRD and ESRS standards, with scope 1 emissions down 1% year-on-year and GHG intensity exceeding the reduction target. (ah)