Wilh. Wilhelmsen Holding ASA

Latest Results (15.10.2025):

Wilh. Wilhelmsen Holding ASA reported strong financial results for the second quarter of 2025, showcasing growth in total income and EBITDA. The company's diversified segments contributed to a robust performance, particularly the New Energy and Strategic Holdings divisions, while maintaining a solid net profit and continuing its commitment to shareholder returns.

Total Income and EBITDA Growth

In the second quarter of 2025, Wilh. Wilhelmsen Holding ASA achieved a total income of USD 315 million, marking a 5% increase compared to the second quarter of 2024 and a 6% rise from the previous quarter. EBITDA also saw a positive trend, reaching USD 48 million, up by 4% both year-over-year and quarter-over-quarter.

Segment Performance

The Maritime Services segment reported a total income of USD 214 million, reflecting a 3% decline from the same period last year and maintaining its position from the previous quarter, primarily due to changes in revenue recognition following the acquisition of Zeaborn Ship Management. Conversely, the New Energy segment experienced significant growth with a total income of USD 100 million, increasing by 25% year-over-year and 21% from the previous quarter, driven by heightened activities in NorSea. The Strategic Holdings and Investments segment delivered a profit to equity holders of USD 211 million, up both year-over-year and quarter-on-quarter, bolstered by higher contributions from Wallenius Wilhelmsen ASA and Hyundai Glovis, as well as increased financial income.

Net Profit and Earnings Per Share

The company reported a net profit after financial items and tax of USD 257 million, with a net profit to equity holders totaling USD 250 million. This translates to earnings per share (EPS) of USD 5.96, underscoring the company's strong profitability during the quarter.

Dividend Declaration

Wilh. Wilhelmsen Holding ASA's Annual General Meeting approved a second dividend of NOK 12.00 per share and authorized the board to distribute an additional dividend of up to NOK 8.00 per share. This aligns with the company's targeted dividend yield of 3–5% over time, reinforcing its commitment to delivering consistent returns to shareholders.

Outlook

Despite ongoing uncertainties related to geopolitical tensions and the global trade environment, Wilh. Wilhelmsen Holding ASA remains confident in its ability to support growth, expand its business portfolio, and continue delivering consistent yearly dividends, positioning the company for future success.