Brief: Wilh Wilhelmsen Holding Says Total Income For Wilhelmsen Group Was $197 Million In Q2, Down 5%

Wilh Wilhelmsen Holding ASA

19/08/2020 17:39

Aug 19 (Reuters) - Wilh Wilhelmsen Holding ASA  WWI.OL :
    * WILH. WILHELMSEN HOLDING ASA: SECOND QUARTER AND FIRST
HALF 2020
RESULTS
    * WILH WILHELMSEN HOLDING ASA - TOTAL INCOME FOR WILHELMSEN
GROUP
WAS $197 MILLION IN Q2, DOWN 5% YOY
    * WILH WILHELMSEN HOLDING ASA - QTRLY EBITDA WAS $36 MILLION
DOWN
15% COMPARED WITH SAME QUARTER LAST YEAR
    * WILH WILHELMSEN HOLDING ASA - QUARTER ENDED WITH NET
PROFIT TO
OWNERS OF PARENT OF $57 MILLION, EQUAL TO $1.27 EPS
    * WILH WILHELMSEN HOLDING ASA - IN ADDITION POST-QUARTER, WE
HAVE
AGREED TO ACQUIRE A 50% STAKE IN AHRENKIEL STEAMSHIP GMBH & CO
KG
    * WILH WILHELMSEN HOLDING ASA - NEW JOINT VENTURE IN SHIP
MANAGEMENT IS EXPECTED TO HAVE LIMITED IMPACT ON NET RESULT
SHORT TERM
    * WILH WILHELMSEN HOLDING ASA - SUPPLY SERVICES ARE EXPECTED
TO
REMAIN RELATIVELY STRONG OVER NEXT MONTHS, WITH A SEASONAL
SLOWDOWN TOWARDS END OF YEAR
    * WILH WILHELMSEN HOLDING ASA - GROUP'S FINANCIAL
INVESTMENTS ARE
EXPECTED TO BE IMPACTED BY CONTINUED VOLATILE MARKETS

Source text for Eikon:  ID:nObiDpRNba 
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