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            november 22, 2008

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Wilh. Wilhelmsen ASA - Wilh. Wilhelmsen booming

  15.02.2007    

The Wilh. Wilhelmsen ASA (WW) industrial maritime group delivered a record performance in 2006. A sales gain of roughly USD 83 million for the Dockwise heavy transport company made a strong contribution to results for both the fourth quarter and the full year.
"We're gaining the benefits of operating more rationally and efficiently as well as exploiting synergies between the companies in the WW group," says Ingar Skaug, group CEO at WW.      
"Good market conditions are also contributing to our expansion. High fleet utilisation and good cargo availability characterised 2006." 
WW's net operating profit for the fourth quarter of 2006 came to USD 165 million, compared with USD 67 million in the same period of 2005. Total operating income was USD 683 million, up from USD 608 million the year before. Profit before taxes came to USD 130 million, compared with USD 21 million.



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