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17 November 2018 The on-line newspaper devoted to the world of transports 18:31 GMT+1

November 8, 2017

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Original news
Positive quarterly performances for Wallenius Wilhelmsen Logistics

The period July-september has been archived item with a profit clearly of 55 million dollars (+37%)

The new company Wallenius Wilhelmsen Logistics ASA (WWL ASA), been born last April from the fusion of the Swede Wallenius Lines with the Wilh Norwegian. Specialized Wilhelmsen and in the marine transport of rotabili cargos, exceptional machinery and cargos(on 5 April 2017), it has closed the third trimester of this year with revenues pairs to 962 million dollars, with an increment of +11% regarding 869 million dollars in the third trimester of 2016, figure proforma this last one that assumes the effect of the fusion beginning from on January 1°, 2016. EBITDA and EBIT last year turn out pairs respective to 188 million and 104 million dollars and in increase of +31% and +70% on the period July-september. The profit clearly is piled to 55 million dollars (+37%).

WWL ASA has specified that the results of the third trimester of the 2017 reflect the prosecuzione of the positive development of the transported cargo volumes. Moreover the company has specified that two third party of the previewed synergies is realized anniversaries as a result of the fusion, synergies that preview will per year turn out pairs to 100 million dollars within 2019.

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