Brief: Wilh. Wilhelmsen Q3 EBITDA Up At $42 Million

Wilh Wilhelmsen Holding ASA

07/11/2019 10:55

Nov 7 (Reuters) - Wilh. Wilhelmsen Holding ASA  WWI.OL :
    * REPORTED ON WEDNESDAY Q3 TOTAL INCOME $220 MILLION VERSUS
$214
MILLION YEAR AGO
    * Q3 EBITDA $42 MILLION VERSUS $33 MILLION YEAR AGO
    * OUTLOOK FOR MARITIME SERVICES: FACTORS LIKE NEW BUSINESS
WINS,
IMO 2020 IMPLEMENTATION, AND STRONG USD, WHICH AFFECTED
OPERATING RESULT POSITIVELY IN Q3, ARE EXPECTED TO REMAIN DURING
THE NEXT HALF YEAR 
    * OUTLOOK FOR SUPPLY SERVICES: SEASONALITY TO IMPACT
OPERATING
INCOME AND RESULTS, WITH GRADUAL REDUCTION IN OFFSHORE
ACTIVITIES TOWARDS END OF YEAR  
    * INCREASE IN INCOME FOR MARITIME SERVICES WAS SUPPORTED BY
HIGHER
SALE OF MARINE PRODUCTS ESPECIALLY LINKED TO THE IMO2020
REGULATIONS COMING INTO FORCE BY THE TURN OF THE YEAR

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObi8ZWQba
    
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