Wallenius Wilhelmsen delivered solid results in the second quarter, reporting an EBITDA of US$472 million. Revenue reached US$1.35 billion, up 4% from the previous quarter, driven by strong shipping volumes.
Net profit came in at US$403 million, boosted by a US$135 million gain from the sale of the MIRRAT terminal. Without the sale, net profit would have been US$268 million, up 8% quarter over quarter.
CEO Lasse Kristoffersen said demand, especially in shipping, remains strong going into Q3. The company expects full-year 2025 adjusted EBITDA to be in line with 2024.
The board approved a dividend of US$1.10 per share for the first half, reflecting 50% of underlying net profit plus the MIRRAT sale proceeds. Kristoffersen called the payout a sign of strong operations and capital gains from the sale.
During Q2, the company also raised its long-term return on capital employed target from 8% to 12%, aligning with its strategy and market conditions.
Wallenius Wilhelmsen continues to add new contracts to its backlog and reported progress on safety and emissions. Despite market uncertainty, the company remains confident in its outlook for the year.
