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Stock impact report

Norsk Hydro: Strong results reflect solid operational performance

NORSK HYDRO A S ADS (NHYDY) 
NASDAQ:AMEX Investor Relations: hydro.com/en/investor-relations
Company Research Source: GlobeNewswire
Hydro’s adjusted EBITDA for the first quarter of 2026 was NOK 8,668 million, down from NOK 9,516 million in the same quarter last year. Lower raw material costs, higher all-in metal prices, and increased alumina and metal sales volumes, were more than offset by lower alumina prices, a stronger NOK, and reduced power production. Hydro delivered strong profitability in the quarter, with adjusted earnings per share increasing from NOK 1.63 in the first quarter 2025 to NOK 2.07 in the first quarter 2026. Operating capital increased due to higher metal prices and sales, giving a free cash flow of negative NOK 4 billion. The twelve month adjusted RoaCE ended at 10.1 percent.   Continued strong upstream operational performance, increased alumina and aluminium production compared to same quarter last year  Highest recycling results since 2023, driven by increasing product premiums and stable scrap prices   Continuing power sourcing to the Norwegian smelters, three new contracts   Successf Show less Read more
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