Wilh Wilhelmsen's dragged down by RoRo activities

Shipping and logistics group Wilh. Wilhelmsen achieved improved operations overall, though profits from RoRo and logistics decreased.

BY OLE ANDERSEN

Norwegian shipping and logistics group Wilh. Wilhelmsen achieved an operating profit of USD 80 million in the 2nd quarter 2014, compared to USD 106 million in the same periode last year. The result was negatively affected by USD 22 million in costs related to the restructuring of Wilh. Wilhelmsen ASA, which operates the group's car and RoRo activities, according to the company's interim report, published Thursday.

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