Wallenius Wilhelmsen ASA (WALWIL.OL) announced a profit for its second quarter that Increases, from the same period last year
The company's earnings came in at $380 million, or $0.90 per share. This compares with $292 million, or $0.69 per share, last year.
The company's revenue for the period fell 0.7% to $1.350 billion from $1.359 billion last year.
Wallenius Wilhelmsen ASA earnings at a glance (GAAP) :
-Earnings: $380 Mln. vs. $292 Mln. last year.-EPS: $0.90 vs. $0.69 last year.-Revenue: $1.350 Bln vs. $1.359 Bln last year.
For the first half, the company will pay a dividend of $1.10 per share on September 16 to shareholders of record as of August 27.
Looking ahead, the company said: “The strong demand and utilization, in particular for shipping, have continued into Q3 and we maintain our financial outlook for the year, expecting 2025 adjusted EBITDA to be in line with 2024… We reiterate that the volume outlook beyond Q3 is uncertain and subject to change given the current market environment. Specifically, the medium to long term effect on auto and High & Heavy imports to and production in the US following the announced tariffs is too early to conclude.”
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