Wilhelmsen Group Release 2020 Q2 Profits

Capt. John
  • Wallenius Wilhelmsen has released results for the second quarter of 2020.
  • Total income for the Wilhelmsen group was USD 197 million in the second quarter of 2020, down 8% from the first quarter and down 5% year-over-year.
  • The quarter ended with a net profit to owners of the parent of USD 57 million, equal to USD 1.27 earnings per share (EPS).
  • Supply services are expected to remain relatively strong over the next months, with a seasonal slowdown towards the end of the year.
  • The company’s...

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