Wallenius Wilhelmsen Adjusts Accounting, Maintains Solid Performance

Wallenius Wilhelmsen ASA (DE:WNL) has released an update.

Wallenius Wilhelmsen ASA will restate its 2023 and Q1-24 financial statements due to an accounting change prompted by its new auditor’s review, which involves recognizing a liability for a put option on a non-controlling interest in EUKOR. This restatement, which is a non-cash adjustment, will not affect the group’s strong performance, dividend policy, or ability to meet financial obligations, although it will reduce the equity ratio. The revised numbers will be detailed in the Q2-24 financial report, set for release on August 13, 2024.

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