Wallenius Wilhelmsen's earnings plunge 40 percent

Earnings went down by 40 percent at car carrier Wallenius Wilhelmsen in the second quarter, which was hit by the coronavirus pandemic in particular. The shipping company is sailing slower and idling ships to reduce capacity.

Photo: PR/Wallenius Wilhelmsen

Car carrier Wallenius Wilhelmsen has been hit hard by the coronavirus pandemic, which in the second quarter meant that earnings dropped 40 percent compared to the year before.

This means that earnings – the adjusted income – came to USD 606 million in the quarter, down from USD 1 billion in the same period 2019.

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