Wilh. Wilhelmsen Holding ASA: Fourth quarter 2025 results

11 Feb 2026 18:30 CET

Wilhelmsen had another strong quarter with solid performance from the operating
businesses and strong contributions from associates. This resulted in a net
profit of USD 129 million for the period.

Total income for the group was USD 310 million, up 11% from the fourth quarter
of 2024 and unchanged from the previous quarter. EBITDA ended at USD 45 million,
up 22% from the corresponding period last year and up 8% from the previous
quarter.

“Our operating businesses continue to deliver good results, supported by solid
contributions from our key strategic investments in a challenging geopolitical
environment. We continue to build resilience across the group as we prepare for
what we expect to be a period of increased uncertainty, ensuring our ability to
perform through cycles and volatility. We remain committed to our long term
strategy and approach to value creation” says Thomas Wilhelmsen, group CEO.

The Maritime Services segment had a total income of USD 220 million in the
fourth quarter. This was up 9% from the corresponding period last year and down
1% from the previous quarter.

Total income for the New Energy segment was USD 89 million, up 19% from the
corresponding period last year, and up 2% from the previous quarter, driven by
continued high activity level in NorSea.

The Strategic Holdings and Investments segment reported USD 116 million profit
to equity holders of the company in the fourth quarter. This was largely in line
with corresponding period last year, but down quarter-on-quarter due to lower
share of profit from Wallenius Wilhelmsen.

Net profit after financial items and tax was USD 129 million and net profit to
equity holders of the company was USD 129 million, equal to USD 3.07 earnings
per share (EPS).

The board proposes that the Annual General Meeting approves a dividend of NOK
20.00 per share and authorises the board to distribute additional dividend of up
to NOK 8.50 per share. This is in line with the targeted 3 – 5% dividend yield
over time.

Commenting on the outlook for the group, Wilhelmsen says:
“Considerable uncertainty persists, specifically regarding geopolitical tension
and an uncertain global trade environment, potentially impacting future 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

More information:
Access the news on Oslo Bors NewsWeb site

665450_Q4 2025 Results Press Release.pdf
665450_Wilhelmsen Q4 2025 Presentation.pdf
665450_Wilhelmsen Q4 2025 Report.pdf