Wilh. Wilhelmsen Holding ASA (OTCPK:WLHSF)
$ 34.5 0.1 (0.29%) Market Cap: 1.53 Bil Enterprise Value: 1.80 Bil PE Ratio: 2.68 PB Ratio: 0.54 GF Score: 68/100

Q4 2023 Wilh Wilhelmsen Holding ASA Earnings Call Transcript

Feb 16, 2024 / 07:30AM GMT
Release Date Price: $21.25
Thomas Wilhelmsen
Wilh Wilhelmsen Holding ASA - CEO

Good morning. Welcome to the fourth quarter results for Wilh Wilhelmsen Holding ASA towards the end, I will share a few reflections for the year as a whole, but then to start off with the fourth quarter. And I will say the fourth quarter is characterized by a stable operating results for the group. They're somewhat up year over year-on-year but somewhat down quarter on quarter. Performance within the operating segments of maritime services and new energy has been pretty good.

We've had good contribution from joint ventures and associates, but down from previous quarter due to certain models, I'll come back to that a little bit later. All in all, we have net profit or earnings to equity holders of $74 million. And the Board has just recently announced a suggestion for dividends of NOK10 for the first half and up to NOK8 for the second half. And also a somewhat updated dividend policy. I'm sure Christian will come back to that a little bit later, but we are targeting a yield of three to five.

Just and moving into the segments and a

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