Wallenius Wilhelmsen ASA (LTS:0N0B)
kr 107.3 2.4 (2.29%) Market Cap: 45.44 Bil Enterprise Value: 61.87 Bil PE Ratio: 5.26 PB Ratio: 1.40 GF Score: 87/100

Q1 2022 Wallenius Wilhelmsen ASA Earnings Call Transcript

May 04, 2022 / 06:30AM GMT
Release Date Price: kr60.1 (+3.44%)
Torbjorn Mogard Wist
Wallenius Wilhelmsen ASA - Acting CEO & CFO

Good morning. Welcome, everyone, and thank you for joining us on this presentation of our Q1 results. My name is Torbjorn Wist, and I'm the CFO and acting CEO of the company.

I will share some Q1 highlights before we move into the agenda and practical information. In Q1, we delivered another strong quarter with EBITDA of $309 million. Cash improved by $49 million on the back of the solid EBITDA. We do, however, see signs of margin pressure due to increasing fuel prices and further supply chain issues.

The continuing war in the Ukraine is a tragedy. And our deepest sympathy goes out to the people of Ukraine, and our thoughts are with the millions of people that are affected by this conflict. Wallenius Wilhelmsen has suspended its operations in Russia and Belarus. However, it's fair to say that the war has a limited direct impact on our business. Russia accounted for less than 0.7% of our 2021 revenues, and we have no material operations on the ground.

In April, we issued our first sustainability-linked bond

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot