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Wallenius Wilhelmsen ASA ( (DE:WNL) ) has provided an update.
Wallenius Wilhelmsen has extended two significant strategic contracts for shipping services, valued at nearly USD 500 million. The first contract, with a premium European auto manufacturer, extends to 2030 and is valued at USD 580 million, while the second, with a European heavy equipment manufacturer, extends to 2028 and is valued at USD 175 million. Both contracts include multi-fuel BAF mechanisms to align with emission reduction goals, reflecting the company’s commitment to sustainability and integrated supply chain optimization.
The most recent analyst rating on (DE:WNL) stock is a Sell with a NOK60.00 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
Wallenius Wilhelmsen 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 130 vessels across 15 trade routes to six continents, supported by a global inland distribution network, 70 processing centers, and seven marine terminals. Headquartered in Oslo, Norway, Wallenius Wilhelmsen employs over 9,500 people across 28 countries.
YTD Price Performance: 33.08%
Average Trading Volume: 422,175
Current Market Cap: NOK40.42B
See more data about WNL stock on TipRanks’ Stock Analysis page.