Ocean Wilsons’ (OCN) first-half figures reported in August showed that its quoted Brazilian operating subsidiary, Wilson Sons (WSON), made progress despite a still difficult trading background, particularly for its offshore JV. The main container terminal and towage businesses are well invested and positioned to exploit a longer-term revival in the local economy. Confidence in this appears to be growing if strength in the currency and Bovespa equity index are taken as indicators.
11 Oct 2017
- Making headway in a challenging environment
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
- Making headway in a challenging environment
Ocean Wilsons Holdings Limited (OCN:LON) | 1,378 68.9 0.4% | Mkt Cap: 487.1m
- Published:
11 Oct 2017 -
Author:
Andrew Mitchell -
Pages:
12
Ocean Wilsons’ (OCN) first-half figures reported in August showed that its quoted Brazilian operating subsidiary, Wilson Sons (WSON), made progress despite a still difficult trading background, particularly for its offshore JV. The main container terminal and towage businesses are well invested and positioned to exploit a longer-term revival in the local economy. Confidence in this appears to be growing if strength in the currency and Bovespa equity index are taken as indicators.