Annual report 2025
“2025 was a good year for the group, supported by robust demand and disciplined execution. We reported solid profitability and cash generation, reflecting the quality of our portfolio and our ability to match capacity to customer needs.”
Lasse Kristoffersen - President and CEO
Press release
Transparency Act Account 2025 will be published in June 2026.
2025 in brief
2025 was another strong year for Wallenius Wilhelmsen despite geopolitical events impacting our operations during the year.
We continued to deliver strong financial performance in the Shipping and Government segments, whilst performance in Logistics was was below the prior year. Continued strong cash flows from operations together with proceeds from the sale of MIRRAT, our terminal in Melbourne, Australia, allowed the company to continue to pay attractive dividends, invest in the business, and reduce net debt. Multi-year contracts were consistently renewed at rates reflecting the current market, securing a significant book of business for the years to come. Wallenius Wilhelmsen exceeded its over-the-cycle financial targets by a solid margin also in 2025.
We continued to make important progress towards our sustainability goals, with improvements in safety statistics. The changing trading pattern seen in global markets has increased fleet inefficiencies and made it more difficult to reduce emissions per unit lifted. However, we continue to invest in ways to reduce emissions as well as increase our use of biofuels in order to achieve our long-term target of net-zero in 2040.
Backed by our 2025 performance, Wallenius Wilhelmsen declared a total dividend of USD 2.11 per share in 2025, equivalent to USD 892 million, in two tranches, of which the first tranche of USD 1.10 has been paid. The dividend is in line with the dividend policy and consisted of an ordinary dividend based on 50 percent of net profit, plus an extraordinary element based on the company's strong financial situation and the proceeds from the sale of MIRRAT.
Overall, Wallenius Wilhelmsen further strengthened its strategic and financial position during 2025.