Norsk Hydro: Shifting gear to capture opportunities in a new reality
NORSK HYDRO A S ADS (NHYDY)
NASDAQ:AMEX Investor Relations:
hydro.com/en/investor-relations
Company Research
Source: GlobeNewswire
2023 was a year marked by the consequences of wars, geopolitical rivalry and the battle against inflation, which led to challenging markets and weaker financial results. However, while managing the uncertainty in the short-term, Hydro is strengthened in its conviction about the long-term commercial opportunities arising from the green transition and the key role aluminium is set to play. Hydro is determined to pioneer the green aluminium transition, powered by renewable energy. The green transition is progressing with full force and aluminium demand from sectors supporting it remains robust. To realize the low-carbon circular economy is not easy and requires bold moves, but Hydro considers the green transition a fundamental megatrend on which the company will build. In 2023, Hydro delivered an adjusted EBITDA of NOK 22,258 billion, down from the record year of 2022, as metal prices fell on 4 percent lower primary demand in the world outside China. In European markets for extrude
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News
- Norsk Hydro: Resilient in weak markets, positioned for growthGlobeNewswire
- Norsk Hydro: Primary insiders purchase shares under Long-Term Incentive program and shares to employees [Yahoo! Finance]Yahoo! Finance
- Norsk Hydro: Primary insiders purchase shares under Long-Term Incentive program and shares to employeesGlobeNewswire
- Norsk Hydro: Reminder - Invitation to Hydro's first quarter results 2024GlobeNewswire
- Norsk Hydro: Notice of Annual General Meeting 2024 [Yahoo! Finance]Yahoo! Finance