Wallenius Wilhelmsen Annual Report 2019: Increased profitability in a tough market

Oslo, 1 April 2020 - Despite a decline in volumes, 2019 was characterise by improved profitability for Wallenius Wilhelmsen. Reported EBITDA in 2019 ended at USD 805 million. Net profit for the full year of 2019 ended at USD 102 million, and the company paid shareholders a dividend of USD 12 cents per share. The company also continued to improve the relative CO2 efficiency of its ocean fleet, reaching a target of 33 g per tonne kilometre twelve months early.

Read the full Annual Report for 2019, which also includes our Sustainability Report, on https://annualreport.walleniuswilhelmsen.com/2019/

About Wallenius Wilhelmsen The Wallenius Wilhelmsen group (OEX: WALWIL) is a market leader in RoRo shipping and vehicle logistics, transporting cars, trucks, rolling equipment and breakbulk around the world. The company operates around 125 vessels servicing 15 trade routes to six continents, and a global inland distribution network, 120 processing centres, and 11 marine terminals. The Wallenius Wilhelmsen group consist of Wallenius Wilhelmsen Ocean, Wallenius Wilhelmsen Solutions, EUKOR and ARC. The group is headquartered in Oslo, Norway with 9 400 employees in 29 countries worldwide. Read more at walleniuswilhelmsen.com

For further information, please contact: Astrid Martinsen, Head of Group Treasury & IR Tel +47 958 45 255 email: astrid.martinsen@walleniuswilhelmsen.com

Anna Larsson, Head of Corporate Communication Tel: +47 484 06 919 email: anna.larsson@walleniuswilhelmsen.com

Source: NewsWeb