18.08.2023
Artikel Nummer: 46039
Wallenius Wilhelmsen steers a steady course
Wallenius Wilhelmsen reported steady Q2 results with USD 477 million in ebitda and USD 396 million in operational cash flow.
CEO Lasse Kristoffersen highlighted challenges such as port delays due to biosecurity clearance processes in Australia and congestions in key regions. Despite these issues, the logistics segment excelled due to automobile service demand, and government services saw ebitda growth from US government activities.
In this quarter, a significant contract with an electric vehicle manufacturer was extended until 2025. Furthermore, the company signed a letter of intent for four vessels with delivery from mid-2026, aimed at enhancing capacity. (pb)