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Wallenius Wilhelmsen ASA ( (DE:WNL) ) has provided an update.
Wallenius Wilhelmsen has renewed a logistics contract with a strategic automotive OEM customer, estimated to generate around USD 100 million over three years. This renewal underscores the strength of their long-term partnership and Wallenius Wilhelmsen’s critical role in the customer’s supply chain, providing services such as vehicle processing, accessory installation, and yard management.
The most recent analyst rating on (DE:WNL) stock is a Sell with a NOK66.00 price target. To see the full list of analyst forecasts on Wallenius Wilhelmsen ASA stock, see the DE:WNL Stock Forecast page.
More about Wallenius Wilhelmsen ASA
The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo) shipping and vehicle logistics, managing the distribution of cars, trucks, rolling equipment, and breakbulk globally. The company operates around 125 vessels on 15 trade routes across six continents and has a global network of distribution, processing centers, and marine terminals. Headquartered in Oslo, Norway, it employs approximately 9,500 people in 28 countries.
YTD Price Performance: -1.03%
Average Trading Volume: 706,084
Current Market Cap: NOK33.71B
For a thorough assessment of WNL stock, go to TipRanks’ Stock Analysis page.