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Faced with challenging alumina market conditions and Australian power price insecurity, Norsk Hydro ASA will report total impairment losses of approximately NOK 5.9 billion in its fourth quarter results. Hydro will write down the value of: Goodwill in Bauxite & Alumina (B&A), ...
Hydro has completed the USD 1.11 billion transaction for the sale of 30 percent interest in the Brazilian alumina refinery Hydro Alunorte and Hydro’s 5 percent interest in the bauxite producer Mineracão Rio do Norte (MRN), together with Vale’s 40 percent stake in MRN. ...
2023-11-29 12:48:30 ET More on Norsk Hydro Norsk Hydro: Some Positive Increments But Still Some Cycle Pressure Norsk Hydro Q3 2023 Earnings Call Transcript Norsk Hydro: Why We Expect Lower Earnings From This Aluminum Giant For further details see: Norsk H...
Hydro is shifting gear to capture opportunities created by increased demand for low-carbon aluminium. Towards 2030, Hydro will step up growth in aluminium recycling and extrusions, and in its ambitions within renewable power generation. Hydro will execute on its decarbonization roadmap, and contr...
The parties have received unconditional approval from relevant competition authorities, including Brazil, China, Germany and Austria, and there are no outstanding regulatory conditions to complete the transaction. The main conditions for Glencore to acquire 30 percent in the Brazilian alumina...
Hydro has been informed Markbygden Ett AB has entered a company reorganization process in accordance with the Swedish Reorganization Act. The process may affect deliveries under the long-term power contract between Markbygden Ett AB and Hydro Energi AS, but it will not affect the security of supp...
2023-11-13 01:09:44 ET Summary Norsk Hydro is a low-cost producer of aluminum materials, with durable competitive advantages. The company is facing challenges due to the undermining of CO2 compensation schemes in Norway and pressure on construction and automotive markets. Posi...
Hydro invites you to our Capital Markets Day on November 29-30, 2023. Registration: Please use this link for registration. Location: The event will take place at Vækerø Park, Drammensveien 260, 0283 Oslo, Norway. For those who cannot attend in person, you can follow th...
2023-10-28 12:09:09 ET Norsk Hydro ASA (NHYDY) Q3 2023 Earnings Conference Call October 24, 2023, 2:30 AM ET Company Participants Martine Rambol Hagen - Head of Investor Relations Hilde Merete Aasheim - President and Chief Executive Officer Arvid Moss - Executive...
2023-10-24 11:25:54 ET More on Norsk Hydro Norsk Hydro: Why We Expect Lower Earnings From This Aluminum Giant Norsk Hydro: Despite Difficulties, A Qualitative Play In Basic Materials Seeking Alpha's Quant Rating on Norsk Hydro For further details see: Nor...
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Hydro's second quarter results 2024 will be released at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC/GMT) on July 23, 2024. The quarterly report and presentation will be available on hydro.com at the same time. President and CEO Eivind Kallevik, and Executive Vice President and CFO Trond O...
Reference is made to the stock exchange notice by Norsk Hydro ASA ("Hydro") on May 7, 2024, regarding inter alia the resolution by the annual general meeting to reduce Hydro's share capital by NOK 35,347,500.054 by cancellation of 21,163,019 own shares and by redemption and cancellation of 11...
Hydro's second quarter results 2024 will be released at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC/GMT) on July 23, 2024. The quarterly report and presentation will be available on hydro.com at the same time. President and CEO Eivind Kallevik, and Executive Vice President and CFO Tro...