Ocean Wilsons Holdings Ltd. (OCN)

Sector:

Commercial Transport

Index:

FTSE 250

1,365.00p
   
  • Change Today:
      15.00p
  • 52 Week High: 1,515.00
  • 52 Week Low: 1,210.00
  • Currency: UK Pounds
  • Shares Issued: 35.36m
  • Volume: 49,275
  • Market Cap: £482.71m
  • RiskGrade: 83
  • Beta: 0.03

Ocean Wilsons pleased with performance, Brazil sale on track

By Josh White

Date: Friday 09 May 2025

LONDON (ShareCast) - (Sharecast News) - Ocean Wilsons Holdings said in an update on Friday that it remained on track to complete the sale of its Brazilian maritime subsidiary Wilson Sons in the second quarter, subject to final regulatory approvals.
The FTSE 250 company said the transaction, agreed with MSC Mediterranean Shipping Company for BRL 4.35bn (£0.58bn), was expected to generate net cash proceeds of at least $593m, based on exchange rates at the time of the October announcement.

It reiterated its intention to return a portion of the proceeds to shareholders via a tender offer for up to 20% of its issued share capital, with further details to follow post-completion.

As at 31 March, Ocean Wilsons reported an implied net asset value per share of $27.20, supported by a $321.2m investment portfolio and $47.4m in holding company cash.

The investment portfolio fell 1.3% in the quarter, which the company described as a solid outcome amid heightened equity market volatility driven by global tariff concerns.

Private equity holdings and diversification contributed positively despite broader market weakness.

Wilson Sons reportedly delivered a strong first quarter, with net revenue rising 1.5% year-on-year to $131.3m and profit up 56.1% to $33.1m, buoyed by a robust performance in logistics and towage.

Ocean Wilsons said it would pay a dividend of $1.22 per share on 28 May, as approved at its recent annual general meeting.

At 1200 BST, shares in Ocean Wilsons Holdings were up 1.89% at 1,345p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

OCN Market Data

Currency UK Pounds
Share Price 1,365.00p
Change Today 15.00p
% Change 1.11 %
52 Week High 1,515.00
52 Week Low 1,210.00
Volume 49,275
Shares Issued 35.36m
Market Cap £482.71m
Beta 0.03
RiskGrade 83

OCN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.21% below the market average62.21% below the market average62.21% below the market average62.21% below the market average62.21% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
69.28% above the market average69.28% above the market average69.28% above the market average69.28% above the market average69.28% above the market average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average
Income
6.41% below the market average6.41% below the market average6.41% below the market average6.41% below the market average6.41% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
99.53% below the market average99.53% below the market average99.53% below the market average99.53% below the market average99.53% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OCN Dividends

  Latest Previous
  Final Final
Ex-Div 24-Apr-25 16-May-24
Paid 28-May-25 14-Jun-24
Amount 122.00¢ 85.00¢

Trades for 23-May-2025

Time Volume / Share Price
16:35 6,549 @ 1,365.00p
16:35 444 @ 1,365.00p
16:35 14 @ 1,365.00p
16:35 131 @ 1,365.00p
16:35 64 @ 1,365.00p

OCN Key Personnel

Chair Caroline Foulger

Top of Page