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Wallenius Wilhelmsen ASA ( (DE:WNL) ) just unveiled an update.
Wallenius Wilhelmsen has secured a logistics contract with a major automotive manufacturer in Australia, expected to generate over USD 100 million in revenue. The contract, spanning 3+1 years, will involve vehicle processing services in Melbourne, Brisbane, and Perth, enhancing the company’s presence in Oceania and providing the client with improved logistics control.
The most recent analyst rating on (DE:WNL) stock is a Sell with a NOK58.00 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 128 vessels across 15 trade routes on six continents, supported by a global distribution network, processing centers, and marine terminals. Headquartered in Oslo, Norway, Wallenius Wilhelmsen employs approximately 12,000 people in 28 countries.
Average Trading Volume: 446,193
Current Market Cap: NOK39.37B
Learn more about WNL stock on TipRanks’ Stock Analysis page.