Wallenius Wilhelmsen closes record-year with another solid quarter
Wallenius Wilhelmsen lands another strong result in the final quarter of 2024 with an adjusted EBITDA of USD 452m. We are paying record-high dividends for the second half of 2024. “The company is in a solid position. We expect 2025 to be another strong year for Wallenius Wilhelmsen,” says Lasse Kristoffersen, President and CEO of Wallenius Wilhelmsen.
The financial result for the full year of 2024 is another record-breaking result for Wallenius Wilhelmsen as it exceeds the 2023 results.
Adjusted EBITDA for 2024 totals USD 1,901m in 2024, up from USD 1,807m in 2023. Net profit in 2024 was USD 1,065m compared to USD 967m in 2023.
All-time high dividend payments
For the second half of 2024, a dividend has been approved of USD 1.24 per share, which amounts to a total dividend payout of USD 524m. This is the highest dividend paid in our history.
“The payout for the second half of the year, represents a distribution of approximately 95 percent of the net profit from the second half of the year,” says Kristoffersen.
Wallenius Wilhelmsen intends to keep paying dividends at the top-end of our pay-as-you-go policy, including extraordinary payments when the financial position allows for that. The current dividend policy was introduced in 2024.
Dividend linked to 2024 earnings totals USD 1.85 per share.
Positioned for the future
"General trade and market uncertainty has increased recently but we are well positioned to navigate through this. Thanks to the team's dedication and hard work, we improved performance on all key parameters during 2024, including a consistent reduction in emissions year over year. With a solid financial position, a substantial book of business, and strong partnerships, we are well-positioned for 2025 and expect that to be another strong year," says Kristoffersen.
