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Wallenius Wilhelmsen Logistics ASA (WWLO.OL)

WWLO.OL on Oslo Stock Exchange

39.95NOK
20 Jun 2018
Change (% chg)

kr-0.40 (-0.99%)
Prev Close
kr40.35
Open
kr40.35
Day's High
kr40.55
Day's Low
kr39.85
Volume
71,477
Avg. Vol
521,633
52-wk High
kr66.20
52-wk Low
kr38.85

Latest Key Developments (Source: Significant Developments)

Wallenius Wilhelmsen Says Qtrly EBITDA Adjusted Ended At $128 Mln
Monday, 7 May 2018 

May 7 (Reuters) - Wallenius Wilhelmsen Logistics ASA ::WALLENIUS WILHELMSEN LOGISTICS - QTRLY EBITDA ADJUSTED ENDED AT USD 128 MILLION, A DECLINE OF 10% FROM USD 143 MILLION IN THE FIRST QUARTER LAST YEAR.SAYS AT END OF Q1 ABOUT USD 85 MILLION OF USD 120 MILLION SYNERGY TARGET WAS CONFIRMED.TOTAL INCOME WAS USD 968 IN SEASONALLY WEAK FIRST QUARTER, UP 9% FROM THE SAME PERIOD LAST YEAR.WALLENIUS WILHELMSEN LOGISTICS - FOR OCEAN SEGMENT EBITDA ADJUSTED ENDED AT USD 111 MILLION IN Q1, DECLINE OF 10% COMPARED TO SAME PERIOD LAST YEAR.WALLENIUS WILHELMSEN LOGISTICS - EBITDA FOR LANDBASED SEGMENT ENDED AT USD 20 MILLION IN Q1, DOWN FROM USD 22 MILLION IN SAME PERIOD LAST YEAR.  Full Article

Wallenius Wilhelmsen Withdraws From Prixcar Transaction
Monday, 26 Mar 2018 

March 26 (Reuters) - Wallenius Wilhelmsen Logistics Asa ::WALLENIUS WILHELMSEN LOGISTICS ASA - WALLENIUS WILHELMSEN WITHDRAWS FROM PRIXCAR TRANSACTION.  Full Article

Wallenius Wilhelmsen Logistics Acquires Keen Transport​
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Wallenius Wilhelmsen Logistics Asa ::WWL ASA ACQUIRES KEEN TRANSPORT\, INC..TO ACQUIRE 100% OF SHARES IN KEEN TRANSPORT, INC. FROM PLATINUM EQUITY FOR USD 64 MILLION.​.‍TRANSACTION WILL BE FINANCED THROUGH EXISTING CREDIT FACILITIES​.  Full Article

WWL and Prixcar in deal for Landbased business in Australia
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - WALLENIUS WILHELMSEN LOGISTICS ASA ::TO ‍SELL INLAND TRANSPORTATION AND TECHNICAL SERVICE BUSINESS IN AUSTRALIA TO PRIXCAR​.TO GET ‍20% OWNERSHIP SHARE IN PRIXCAR​.DEAL IS SUBJECT TO REGULATORY APPROVALS IN AUSTRALIA AND SEEN TO CLOSE IN Q1 2018​.  Full Article

Wallenius Wilhelmsen CEO: bottom of market has likely passed
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Car and vehicle shipper Wallenius Wilhelmsen Logistics Asa CEO Craig Jasienski told the company's Q3 earnings call::"The bottom of the market has probably passed. That's what we definitely see, even if the third quarter in itself was on the soft side."."We see a positive development in rates in terms of consolidated revenue per cubic meter but this is more driven by cargo and trade mix than actual prices in the market."."Actual prices in the market are still under tremendous pressure."."The supply-demand situation is tightening up but there is still a gap. We are still oversupplied by nearly 800.000 CEU (car equivalent units) of vessel capacity in the market place."."Current fleet growth is only 1 percent, less than it should be given that a newbuilding capacity of about 3 percent should be coming in just for renewal to retain the current fleet."."That will help tightening, but it won't happen in a hurry because of the oversupply situation."."We still have some way to go. Q4 looks pretty tight if you look at the market but Q1 will loosen up again. So in the next two years that we can see on the horizon, we are still oversupplied and that will result in continued pressure on prices."."We still have a way to go before we really tighten up the global fleet.".Wallenius Wilhelmsen late on Tuesday posted forecast-beating third-quarter earnings nL3N1NE2BS.By 0827 GMT, company's shares trade 10.8 pct higher for the day at an all-time high.  Full Article

Wallenius Wilhelmsen Logistics Q3 ‍total income $962 million
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Wallenius Wilhelmsen Logistics Asa ::Wallenius Wilhelmsen Logistics asa says ‍company maintains $100 million synergy target by 2019​.Wallenius Wilhelmsen Logistics asa says ‍total income for wwl asa was $962 million in q3, up 5% from q2​.  Full Article

BRIEF-Wilh Wilhelmsen ASA Q4 EBITDA misses forecast
Friday, 10 Feb 2017 

Wilh Wilhelmsen Asa : Q4 total revenue $450 million (Reuters poll $477 million) . Q4 ebitda $43 million (Reuters poll $82.4 million) . Despite global political uncertainties, the volume decline we have experienced for a long time appears to have bottomed out. We expect a soft volume recovery in the first half of 2017, but with continued rate pressure . Planned merger between wallenius and wwasa is expected to be completed at end of q1 of 2017 .With the proposed merger of wwasa and wallroll ab, the board of wallenius wilhelmsen logistics asa will communicate a future dividend policy.  Full Article

Wilh Wilhelmsen ASA Q4 EBITDA misses forecast
Friday, 10 Feb 2017 

Wilh Wilhelmsen Asa : Q4 total revenue $450 million (Reuters poll $477 million) . Q4 ebitda $43 million (Reuters poll $82.4 million) . Despite global political uncertainties, the volume decline we have experienced for a long time appears to have bottomed out. We expect a soft volume recovery in the first half of 2017, but with continued rate pressure . Planned merger between wallenius and wwasa is expected to be completed at end of q1 of 2017 .With the proposed merger of wwasa and wallroll ab, the board of wallenius wilhelmsen logistics asa will communicate a future dividend policy.  Full Article

BRIEF-Wilhelmsen and Wallenius to merge
Monday, 5 Sep 2016 

Wilh. Wilhelmsen ASA : Wilh. Wilhelmsen Holding ASA and Wilh. Wilhelmsen ASA have signed letter of intent with Rederi AB Soya and Wallenius Lines AB . Parties to establish new ownership structure for their jointly owned investments . New entity to be named Wallenius Wilhelmsen Logistics ASA . Wallenius Wilhelmsen Logistics ASA will be based on existing listing of Wilh. Wilhelmsen ASA and continue to be listed on Oslo Stock Exchange . Aim is to merge parties' ownership in the jointly owned entities Wallenius Wilhelmsen Logistics (jointly owned 100 pct), EUKOR Car Carriers (jointly owned 80 pct) and American Roll-on Roll-off Carrier (jointly owned 100 pct) . Wilh. Wilhelmsen ASA will issue new shares to Wallenius Lines AB . Upon completing transaction, Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB will have equal ownership in one joint company in region of 40 pct each . Proposed merger is expected to enable synergies between $50-100 million .Proposed transaction is expected to close within Q1 2017.  Full Article

Wilh Wilhelmsen Q2 EBITDA $455 million, above expectations
Friday, 5 Aug 2016 

Wilh Wilhelmsen ASA : Said on Thursday, Q2 total revenue $905 million (Reuters poll $914 million) . Q2 EBITDA $455 million (Reuters poll $447 million) .Expects volume growth to remain weak over the next period.  Full Article

NORWEGIAN STOCKS-Wallenius shares dive on weak Q1, Norwegian Air rise before AGM

OSLO, May 8 (Reuters) - * Norwegian shares traded down on Tuesday * Oslo's benchmark index fell -0.22 pct, or -1.96 points, to 871.78 points and was up by 7.27 pct year-to-date * The broader Oslo All Share Index was down 0.26 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse, fell $-0.44 to $75.73 a barrel * Among the biggest firms on the Oslo Bourse, Statoil fell -0.29 pct, Telenor rose 0.74 pct and DNB rose 0.66 pct * Turnover at the Oslo Bourse was 3.1 bln Norwegian crown