Wallenius Wilhelmsen forecasts strong 2026, updates 2025 outlook

Wallenius Wilhelmsen expects 2026 to be "another good year" with adjusted EBITDA projected in the range of $1.65bn - $1.75bn. This outlook is attributed to continued solid demand for services and a strong book of business, assuming no material adverse events or disruptions and excluding USTR port fees.

For 2025, the company anticipates Q4 adjusted EBITDA to be approximately $50m below Q3 2025, due to slightly softer results across business areas and year-end one-off costs. This excludes around $22m in USTR port fees before customer cost recovery.

Based on these Q4 expectations, Wallenius Wilhelmsen projects its full-year 2025 adjusted EBITDA to be the second-best in its history. The company is a market leader in roll-on/roll-off (RoRo) shipping and vehicle logistics, operating around 128 vessels globally.