2024 Guidance and 2025 Financial Outlook: Updates and Projections on Euronext Live
Wallenius Wilhelmsen ASA recently provided an update on their financial outlook for 2024 and 2025. For 2024, they anticipate adjusted EBITDA to be between USD 1,880 million to USD 1,910 million, showing a 4-6% improvement from 2023. Looking ahead to 2025, they expect adjusted EBITDA to increase by 5-10% compared to 2024, with assumptions such as the sale of MIRRAT being completed in Q1.
Wallenius Wilhelmsen foresees 2025 as a promising year based on cargo volumes and contract coverage. While there may be some softness in the auto segment initially, they are optimistic about potential volume recoveries as new models are introduced. High and heavy volumes are expected to remain subdued for most of 2025, with a possible increase towards the end of the year.
The company also highlighted some risk factors, including slower global economic growth, trade conflicts, and geopolitical risks that could impact their operations. Despite growing uncertainties for 2025, they believe their solid contract base and renewals will help support their business through any potential market challenges.
Additionally, Wallenius Wilhelmsen shared their fleet renewal plans, which include orders for 14 new Shaper class vessels to be delivered between 2026 and 2028. These new vessels are expected to meet the company’s newbuilding delivery needs through 2028.
For more information, you can reach out to Anders Redigh Karlsen at +47 994 20 293 or anders.karlsen@walwil.com, or Idha Toft Valeur at +47 406 05 210 or idha.valeur@walwil.com.
Wallenius Wilhelmsen is a leading player in roll-on/roll-off shipping and vehicle logistics, managing the distribution of cars, trucks, and other equipment worldwide. With a global network and a team of 9,500 employees across 28 countries, they continue to drive innovation and efficiency in their industry.
