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NHYKF - Norsk Hydro: Q3 2020 Improving Revenues And Cash Flow
Norsk Hydro ASA
Norsk Hydro's Q320 results are in. The company is crucial to me based on my current exposure to Norsk Hydro in my portfolio.
The dividend is not yet resumed - but company results are very promising after the quarter and indications are for a dividend-floor 2019/2020 payout.
I expect valuations to start climbing again, and with the new forecasts and prospects, the company still remains an undervalued "BUY", albeit with some considerations.