Wallenius Wilhelmsen saves USD 100 million on synergies

Carriers


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Norwegian-Swedish Wallenius Wilhelmsen Logistics suffered a setback on the bottom line in this year’s second quarter, but emphasizes that this was due to one-off costs related to the merger. Half of the expected savings of USD 100 million have been achieved at this stage, says management.

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BY LOUISE VOGDRUP-SCHMIDT