Ro-ro shipping group Wallenius Wilhelmsen has posted its second-best quarter to date, with an adjusted EBITDA of USD503 million for Q3 2024.
In Q2 2024, the company posted a slightly higher adjusted EBITDA of USD507 million. Wallenius Wilhelmsen’s adjusted EBITDA for the Q3 2024 was also up over the same period last year (USD478 million).
“[We] expect to renew a significant amount of our book of business for shipping by the end of this year, and we’re also very pleased to see that we [have] continued our efforts of reducing our emissions and deliver another quarter with improvement in our energy efficiency,” said Lasse Kristoffersen, ceo of Wallenius Wilhelmsen.
“Despite a somewhat softening in the sales of cars and high heavy equipment, we see that demand for our services is still very strong,” he added. The company expects EBITDA in 2024 to surpass what it achieved last year.
At the end of October 2024, HLPFI reported that Wallenius Wilhelmsen had entered into a five-year high and heavy deal.
