Wallenius Wilhelmsen Asa (WAWIF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to our Q1 presentation. Great to see many here today, and also welcome to those of you watching this online. So, Anders, what can we expect today? I think we're going to expect we delivered on a solid quarter. There's been a lot of news flow and uncertainty lately, so hopefully we can give some guidance on how we maneuver tough times. Yeah. Good. And very soon, our CEO, Lasse Kristoffersen, will take us through the market and business updates. He will be followed by our new CFO, Bjørnar Bokholm, who will take the financial highlights. And then Lasse will be back and take the outlook for 2025. And before we conclude, you will have a run the Q&A session. Yeah, and for those of you watching online, please post questions in the chat, and we'll try to address all of them. So with that, are you ready? It looks like that. Lasse, the stage is yours. Thank you, Anette and Mohamed. Good morning. Welcome in the audience and welcome online. I'm very happy to be here to present another strong quarter for Valerius Willemsen. When I looked back on last quarter's presentation, I found gold. because we had one slide called disclaimer, and saying that we know nothing about the future, whatever we say, don't trust it, which was right a quarter ago, and the market environment for us, and I think for most companies of the world, has changed fundamentally in a quarter. And we'll come back to that, but despite that, Wellenius-Willemsen still delivers strong results, and we expect that to continue for the remainder of this year. So starting with the highlights, there is no doubt that US tariffs have caused increased market uncertainty, both in the US market, but certainly also in the general global economy. There are also port fees announced, and I'll come back to some more details ...