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Press release |
Results for the second quarter 2022
Consistent performance from the operating businesses delivered EBITDA of USD 39 million, with the Wilhelmsen group also benefitting from a strong contribution from associates in the second quarter. This was offset by negative (unrealized) financial losses
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Press release |
Results for the first quarter 2022
underlying performance from the core maritime businesses delivered EBITDA of USD 44 million. Combined with a strong contribution from Strategic Holdings and Investments net profit for the Wilhelmsen group was USD 159 million in the first quarter. Total income
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Press release |
Wilhelmsen acquires stake in Reach Subsea
Wilhelmsen has acquired a 21% stake in Reach Subsea ASA. This further positions Wilhelmsen in the renewable value chain along with recognising the substantial potential in Reach’s innovative remote subsea concept. Together, Wilhelmsen and Reach will form a
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Press release |
Results for the fourth quarter 2021
EBITDA of USD 31 million and increased profit from Strategic Holdings and Investments led to a net profit of USD 67 million for the Wilhelmsen group in the fourth quarter. “The fourth quarter saw steady performance from our business units, as activity levels
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Press release |
Topeka’s hydrogen vessels one step closer to reality
Zero-emission shipping company Topeka, part of the Wilhelmsen group, has been awarded USDM 25 (NOK 219 million) by Enova to build two zero-emission hydrogen powered vessels. The grant was approved by the EFTA Surveillance Authority (ESA) this week meaning
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Press release |
Results for the third quarter 2021
underlying business performance, stable EBITDA, and increased profit from strategic investments, a fall in the market value of Hyundai Glovis led to a net loss of USD 99 million for the quarter. “Our Maritime Services segment recorded a 2% increase in top line and
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Press release |
Results for the second quarter 2021
uplift in net profit over the first quarter for the Wilhelmsen group ending at USD 89 million, supported by increased EBITDA from all operating companies and improved contributions from associates and investments. “We saw positive development in all our operating
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Press release |
Wilhelmsen and NorSea prepare for potential new chapter in the ocean story – marine minerals
Wilhelmsen and NorSea have together acquired a 18% stake in innovative Norwegian deep-sea mining company Loke Marine Minerals “As the energy transition continues to gather pace, we are actively looking at new projects and business areas, outside of the oil
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Press release |
Results for the first quarter 2021
Wilhelmsen delivers a net profit of USD 16 million for the first quarter, lifted by increased EBITDA from operating companies. Contribution from associates and investments was modest. “Our Maritime Services segment delivered revenue in line with the previous
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Press release |
Wilhelmsen sets up to USD 500 million investment target for renewables
Wilhelmsen re-designs organisation of group portfolio to intensify growth of maritime services and renewable energy and decarbonisation. “Our strategy is very clear, we will contribute to the energy infrastructure transition and be an active player in decarbonisation
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