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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
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Updated
Group CEO message
Thomas video intro The oceans are our business and we see opportunities ahead We operate in markets exposed to the world economic growth and general geopolitical environments. We know that our current business models are challenged by multiple factors including
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Maritime regulatory landscape
International, regional and country level regulations impact our operations and those of our customers. Significant international maritime environmental regulations for sulphur emissions, greenhouse gas emissions, invasive marine species and ship recycling
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Our approach
We manage the impacts of our operations. We also see our highest impact being within the products and service offerings we can provide for the maritime industry. Ship management Ship management provides full technical management, crewing and related services
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2018 Quarterly results
Results for the first quarter 2018 Results for the second quarter 2018 Results for the third quarter 2018 Results for the fourth quarter 2018
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Press release |
Results for the fourth quarter 2018
The group recorded a 5% increase in top line. Maritime services also noted a positive development in EBITDA. The fourth quarter, however, ended at a net loss due to a substantial change in fair value evaluation of the group’s investments. The market prospects
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UN Global Compact participation
In 2018, we committed to implementing the ten principles of the UN Global Compact (UNGC) throughout our operations. We have included requirements related directly to this commitment in our people policy and sustainability policy. This report serves as our
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Sustainable innovation
As a shaper of the maritime industry, we understand the need to innovate and capitalise on both new technology and new ways of working. We might not be a technology company, but we use technology to improve our business offerings and create new methods for
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Ethics and anti-corruption
We have clear policies on ethics and anti-corruption. We do not tolerate any form of corruption, and we expect all employees to live up to the high ethical standards we lay down in our governing documents and Code of Conduct. Business standards work is ongoing
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Cyber security
The increase in cyber security threats has made it extremely important to manage this as an integrated part of doing business. We are seeing that big players in the maritime industry require that we have state of the art security mechanisms to meet the new
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