OSLO-based automotive supply chain specialist Wallenius Wilhelmsen has pronounced its satisfaction with its 2025 results, saying it has “used the cycle to strengthen and reposition the company”.
Adjusted EBITDA for 2025 ended at USD 1,811 million (down 4.7% year-on-year) while adjusted EBITDA for Q4 2025 ended at USD 400m (down 16% quarter-on-quarter). Net profit for 2025 rose from $1,065m to $1,104m.
The company resolved to pay a dividend of USD 1.01 per share for H2 25, based on 50% of the net profit combined with an extraordinary dividend of USD 200m following the strong liquidity position.
Continued strong demand for shipping ex-Asia was seen as absorbing fleet capacity growth in 2025, while in Q4 Wallenius Wilhelmsen secured USD 1 billion in contract renewals, extensions and new business in the quarter.
The company has maintained its previous outlook for 2026 with adjusted EBITDA of USD 1.65bn-1.75bn.
In its market update, Wallenius Wilhelmsen sees three major trends to watch:
A complex geopolitical landscape changing from global to bilateral.
Deep-sea volume increased by 5% in 2025 and forecast to increase by 2% in 2026, revised upwards on the back of strong Asian exports fuelling underlying demand for tonnage, also driven by the continuation of rising East-West imbalance (“If the growth ex-China continues the forecast may still be too cautious for 2026”).
It is still a tight tonnage market despite peak vessel delivery in 2025.
“With our strong book of business, and continued solid demand going into 2026, we expect 2026 to be another strong year for Wallenius Wilhelmsen. We maintain our financial outlook for the year, expecting 2026 adjusted EBITDA to be in in the range of USD 1.65bn - 1.75bn. Our outlook assumes no material adverse events or disruptions, and excludes costs associated with USTR port fees,” the company said in its outlook.