Ww Board News

The Wilh. Wilhelmsen ASA (WW) maritime industry group achieved an operating income of USD 3.4 billion in 2008, up by more than 25% compared with 2007. The shipping and maritime services segments are the main contributors to the improved top line. The operating income for the year totalled USD 3 434.2 million, compared with USD 2 727.6 million in 2007. Net operating profit came to USD 351.6 million, compared with USD 265.7 million. Operating income for the fourth quarter amounted to USD 853.4 million, up from USD 740.1 million for the same period in 2007. Operating profit came to USD 134.0 million, compared with USD 58.9 million. A booming world economy…

The WW group, Wilh. Wilhelmsen, posted an operating profit of $217.6m for the first nine months of 2008, compared with $206.9m in 2007. Total operating income for the first nine months was $2.6b as against $2b for the same period of 2007. Profit before taxes came to $121.8m, compared with $190.8m. Total operating income for the group in the third quarter of 2008 amounted to $866.6m, up 23% from $704.3m in 2007, while operating profit came to $83.1m compared with $85.4m last year. Group profit before tax and minority interests amounted to $40.5m, with a profit after tax and minorities of $37.6m, down from $78.8m and $74.8m from the corresponding quarter in 2007. "Shipping cargo volumes have been strong and stable in the third quarter.