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Hydro’s adjusted EBITDA for the fourth quarter of 2022 was NOK 7,184M, compared with NOK 9,011M for the same quarter last year, resulting in an Adjusted RoaCE of 22 percent for 2022.
Capex for 2022 was NOK 11.5B. Capex for 2023, excluding mergers & acquisitions and Hydro Rein, is estimated to be NOK 13.6B.