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Press release |
Results for the fourth quarter 2020
Wilhelmsen delivers a net profit of USD 198 million for the fourth quarter lifted by increased profit in associates and a strong increase in financial asset values. “Income from our operating activities were on par with the previous quarter,” says Thomas Wilhelmsen
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Press release |
Wilhelmsen Ship Management becomes a member of the Sustainable Shipping Initiative
Wilhelmsen Ship Management (WSM) has become a member of the Sustainable Shipping Initiative (SSI), an alliance of key organisations that is driven to bring change to a more sustainable maritime industry. WSM joins other fourteen members spanning the shipping
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Press release |
WilNor acquires the Norwegian military naval base Olavsvern
WilNor Governmental Services AS (WGS), through its subsidiary company WGS Properties AS, has acquired 66% of the shares in the Olavsvern Group AS. WGS, a Wilhelmsen group company is a key logistics partner for the Norwegian armed forces and allied NATO forces
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Press release |
Results for the third quarter 2020
Wilhelmsen delivers a net profit of USD 146 million for the third quarter, up from USD 57 million in the second quarter. All the underlying businesses showed stable development, with improved net profit predominately driven by a strong uplift in market value
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Press release |
Results for the second quarter 2020
Wilhelmsen records a USD 57 million profit in the second quarter, supported by stable contribution from operating activities and recovery of financial asset values. “Slower global shipping activities had a negative effect on income for our maritime services
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Press release |
Results for the first quarter 2020
Good operational performance overtaken by significant fall in financial asset values. This resulted in a USD 284 million net loss for the Wilhelmsen group in the first quarter. Commenting on the quarter, Thomas Wilhelmsen, group CEO, starts with highlighting
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Press release |
Results for the fourth quarter 2019
“The maritime industry has experienced a longer period with head wind, and it is pleasing to see that our operating results are stronger year over year,” says Thomas Wilhelmsen, group CEO, about 2019 results. Commenting more specifically on the fourth quarter
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Press release |
Results for the third quarter 2019
Top line increase, positive development in EBITDA and share of profit from associates were offset by a loss on financial assets resulting in a net loss of USD 7 million in the third quarter. Total income for the Wilhelmsen group was USD 220 million, up 6% from
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Press release |
Results for the second quarter 2019
The Wilhelmsen group recorded a net profit of USD 89 million after non-controlling interests in the second quarter of 2019, up from USD 29 million in the previous quarter. A positive development in EBITDA and a net gain from financial investments were as the
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Press release |
Results for the first quarter 2019
The Wilhelmsen group recorded a USD 29 million net profit after non-controlling interests for the first quarter of 2019. Increased share of profits from associates and net financial gains more than offset a reduction in adjusted EBITDA when compared with the