NHYDY News and Press, Norsk Hydro ASA ADR From 10/18/22

Hydro's third quarter 2022 results will be released at 07:00 CEST (01:00 AM EST, 06:00 GMT), on Tuesday, October 25, 2022. The quarterly report and presentation slides will be available on hydro.com at the same time. Presentation in Oslo Hydro ...

Summary 22Q3 earnings are forecasted at €131.3 billion (+29.4% y/y, -10.3% q/q) while revenue is forecasted at €1,431.4 billion (+18.2% y/y, -1.0% q/q). Earnings growth has increased by 5.2 percentage points (ppt) heading into earnings season. The increase in hea...

Summary Hydro's share price has been in a bit of a freefall since around April, when the Ukraine crisis started to heat up. My previous neutral stance was vindicated. I went bullish in June, and while the development has been so-so since then (down slightly more than index), the c...

On October 6, 2022, the European Commission decided to open a Phase II review of Hydro’s proposed acquisition of the Polish recycler Alumetal S.A. A Phase II review is a customary part of the Commission’s merger review process in cases where initial concerns about a transa...

On October 6, the Norwegian government presented a budget proposal for 2023. The proposal contains several elements effecting Hydro's activities in Norway. An increase in resource rent tax on hydropower and clarifications around the CO2 compensation scheme are proposals outlined in ...

Please see below information about transactions made under the share buy-back program for Norsk Hydro ASA. Announcement date of the share buyback program: September 23, 2022 End date of the share buyback program: March 29, 2023 Overview of transactions: Following the abo...

Trond Olaf Christophersen has been appointed Executive Vice President for Corporate Development in Hydro. Christophersen will report to President and CEO Hilde Merete Aasheim and join the Corporate Management Board. He will start the new position on November 1, replacing Helena Nonk...

In response to reduced market demand for aluminium billets in Europe, Hydro has decided to partially curtail aluminium production at Hydro Karmøy and Hydro Husnes in Norway. The decision will correspond to an annual production capacity reduction of 110,000-130,000 tonnes of pri...

Hydro's third quarter 2022 results will be released at 07:00 CEST (01:00 AM EST, 06:00 GMT), on Tuesday, October 25, 2022. The quarterly report and presentation slides will be available on hydro.com at the same time. Presentation in Oslo Hydro ...

Helena Nonka, Executive Vice President of Corporate Development has on September 23, 2022, sold 1528 Hydro shares at NOK 59.58 per share. In May 2022, Helena Nonka was allocated the 1528 shares through the share-based Long-Term Incentive program (LTI) as a member of the Corporate Manage...