Wallenius Wilhelmsen delivers another strong quarter

05 Nov 2025 07:00 CET

Wallenius Wilhelmsen continued a steady course through Q3, reporting an adjusted
EBITDA of USD 471m. “The activity level and financial performance remained
robust in the third quarter,” says Lasse Kristoffersen, President and CEO of
Wallenius Wilhelmsen.

Total revenue for Q3 was USD 1,331 and adjusted EBITDA was USD 471m, on par with
Q2 2025.

Net profit for the period totaled USD 280m compared to USD 403m in Q2, which
included a gain of USD 135m from the sale of MIRRAT. Net profit in Q3 was
positively impacted by a vessel sale gain of USD 16m. Excluding the gain, the
profit for the period totaled USD 263m. Net profit from the same period last
year was USD 259m.

“The activity level and financial performance remained robust in the third
quarter, and we continued to secure new business across all segments,
positioning us well for future earnings,” says Kristoffersen.

Challenging market conditions

After the third quarter ended, the USTR revised its port fees for the RoRo
industry from USD 14 per net ton to USD 46 per net ton. The fee may be postponed
by one year, but it is unclear at the time of writing.

Kristoffersen highlights that the company is working hard to mitigate the impact
of the newly implemented port fees for both its customers and for Wallenius
Wilhelmsen.

“Underlying demand for our services is expected to continue to be strong into
the fourth quarter, but we expect our financial performance to be softer than in
the third quarter due to the US port fee issue,” Kristoffersen says.

Q3 highlights:   

- Delivered adjusted EBITDA of USD 471m, on par with the previous quarter
- Demand for ocean transportation remains firm from Asia
- Opened three new Vehicle Processing Centers (VPC) in Australia following a
contract with an Asian OEM
- Reported a gain of USD 16m linked to a vessel sale and concluded the sale of
one more vessel
- From October 14, a port fee of USD 46 per net ton applies to all foreign built
RoRo vessels calling the US. The fee may be postponed by one year, but it is
unclear at the time of writing
- Adjusted EBITDA in Q4 2025 is expected to be in line with Q3 2025 before
taking into account any potential negative impact from US port fees



For further information, please contact:    

Anders Redigh Karlsen – VP Global IR & Market Insight    
Tel: +47 994 20 293    
Email: anders.karlsen@walwil.com     
   
Idha Toft Valeur –  External Communication Specialist  
Tel: +47 406 05 210    
Email: idha.valeur@walwil.com     

About Wallenius Wilhelmsen   

The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo)
shipping and vehicle logistics, managing the distribution of cars, trucks,
rolling equipment, and breakbulk to customers all over the world. The company
operates around 128 vessels servicing 15 trade routes to six continents, a
global inland distribution network, 70 processing centers, and eight marine
terminals. With its head office in Oslo, Norway, the Wallenius Wilhelmsen group
has around 12,000 employees in 28 countries worldwide. Read more
at www.walleniuswilhelmsen.com

More information:
Access the news on Oslo Bors NewsWeb site

658737_Wallenius Wilhelmsen Quarterly report Q3 2025.pdf