Wilh. Wilhelmsen Holding ASA: Third quarter 2026 results
Solid performance from the operating businesses delivered an EBITDA of USD 61 million in the third quarter. Combined with continued positive contribution from associates, this resulted in a net profit of USD 155 million for the period.
Total income for the group was USD 327 million, up 5% from the corresponding period last year, and up 2% from the second quarter of 2026. EBITDA ended at USD 61 million, up 47% from the corresponding period last year and down 2% from the previous quarter.
"Solid performance across our operating businesses continued in the quarter, and contributions from key strategic investments further supported the result. While uncertainty persists, we remain focused on maintaining resilience and financial flexibility, enabling us to perform through cycles and volatility while continuing to execute our long-term strategy," says Thomas Wilhelmsen, Group CEO.
The Maritime Services segment had a total income of USD 238 million in the third quarter. This was up 7% from the corresponding period last year and up 4% from the previous quarter.
Total income for the New Energy segment was USD 88 million, which was stable year-over-year, but down 4% from the previous quarter.
The Strategic Holdings and Investments segment reported a profit of USD 126 million in the third quarter. This was slightly down from the corresponding period last year, but up from previous quarter, driven by higher share of profits from Wallenius Wilhelmsen and Hyundai Glovis.
Net profit to equity holders of the company after financial items and tax was USD 154 million, equal to USD 3.70 earnings per share (EPS).
A second dividend of NOK 8.50 per share will be paid on 19 November. This comes in addition to the first dividend of NOK 20.00 per share paid in May, and is in line with the targeted long-term dividend yield of 3-5%.
Commenting on the outlook for the group, Wilhelmsen says: "Considerable uncertainty persists, specifically regarding geopolitical tension, the ongoing conflict in the Middle East, and an uncertain global trade environment, potentially impacting future performance and cash inflow. However, the group retains its capacity to support, grow, and expand the business portfolio, and to deliver yearly dividends in line with the dividend policy."
For further information, please contact:
Investors: Anna Kverneland VP Investor Relations Wilh. Wilhelmsen Holding ASA Tel: (+47) 452 24 897 anna.kverneland@wilhelmsen.com
Media: Ole Jakob Ytterdal VP Corporate Communication Wilh. Wilhelmsen Holding ASA Tel: +47 970 88 362 ole.j.ytterdal@wilhelmsen.com
About Wilhelmsen Wilhelmsen is an industrial holding company within the maritime industry. The group's main activities are within maritime services, offshore energy services, and RoRo shipping and vehicle logistics. These activities are carried out through fully and partly owned entities, most of which are among the market leaders within their segments. Founded in Norway in 1861, Wilhelmsen maintains a vision of shaping the maritime industry.
Read more at: wilhelmsen.com.
This information is subject to the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act