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An update from Wallenius Wilhelmsen ASA ( (DE:WNL) ) is now available.
Wallenius Wilhelmsen has secured a five-year extension to its supply chain solutions contract with a leading heavy equipment manufacturer, a deal valued at about USD 150 million that started in the fourth quarter. Under the renewed agreement, the company will provide integrated supply chain management and freight forwarding services across several European countries, including in-house logistics teams, processing, inspection and shipping services, reinforcing its strategy to offer end-to-end logistics solutions that improve customers’ efficiency and sustainability while deepening a long-standing key customer relationship.
The most recent analyst rating on (DE:WNL) stock is a Hold with a NOK96.00 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 global market leader in roll-on/roll-off (RoRo) shipping and vehicle logistics, managing worldwide distribution of cars, trucks, rolling equipment and breakbulk cargo. Headquartered in Oslo, Norway, the group operates around 130 vessels on 15 trade routes across six continents, supported by a global inland distribution network, 70 processing centers and eight marine terminals, and employs more than 9,500 people in 28 countries.
Average Trading Volume: 442,166
Current Market Cap: NOK43B
Learn more about WNL stock on TipRanks’ Stock Analysis page.