Aug 19, 2021 / 06:30AM GMT
Thomas Wilhelmsen - Wilh. Wilhelmsen Holding ASA - Group CEO
Good morning, and welcome to the second quarter results for Wilh. Wilhelmsen. It's been a quarter where things have been moving in the right direction. We've had a profit of $89 million, driven by increased revenue of around 14% and goes to the same for the underlying EBITDA for our operations. Significant changes in fair value during the quarter, which I'll come back to later, and also good profitability from joint venture and associates. It's also been a period where we've been settling the segments into operations with smaller adjustments within the organizations.
Overall trade and ClarkSea Index has been moving in the right direction, which is very positive for our Maritime Services segment. We've seen good growth, not enormous growth but good growth in top line, say, around 6%, but especially underlying operations have been okay in more or less all areas. Marine products have been increasing, and we see a good development within our marine product portfolio.
We have increases also within Ship Agency and also within our
Q2 2021 Wilh Wilhelmsen Holding ASA Earnings Call Transcript
Mar 08, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers