Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Bauxite & Alumina, Aluminium Metal, Metal Markets, Extrusions, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Norsk Hydro ASA

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Hydro is a leading industrial company that builds businesses and partnerships for a more sustainable future. We develop industries that matter to people and society.

Since 1905, Hydro has turned natural resources into valuable products for people and businesses, creating a safe and secure workplace for our 31,000 employees in more than 140 locations and 40 countries.

Today, we own and operate various businesses and have investments with a base in sustainable industries. Hydro is through its businesses present in a broad range of market segments for aluminium, energy, metal recycling, renewables and batteries, offering a unique wealth of knowledge and competence.

Hydro is committed to leading the way towards a more sustainable future, creating more viable societies by developing natural resources into products and solutions in innovative and efficient ways.

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January is finally coming to an end (🙌) but 2024 is still just beginning! In 2023, we worked with many forward-leaning customers to drive both modern society and the green transition forward. What will 2024 hold? Follow along to find out👀

Easy assembly and increased cost-effectiveness - what’s not to like? 
Learn more about using aluminium profiles in solar mounting systems 👉 https://brnw.ch/21wGtxJ

Your contributions matter❤️ Last month, we hosted our annual People that Matter Awards with recipients from all over the world joining us in our Oslo, Norway headquarters for an action-packed trip! The recipients were chosen out of 360 nominees, all of whom go above and beyond to show care, courage and collaboration in and outside of the office. 

Join us in a job where your contributions matter👉 hydro.com/careers

Applying for a job – from resumes to interviews – can be a lengthy process. Before you dive in, preliminary research to determine if the job is a good fit for you in the first place can save you from wasting time. Here are some questions to ask yourself before applying 🤔💡 

At Hydro, your needs matter. If our values and interests align with yours, consider applying for your next dream role at hydro.com/careers.

How do we tackle emissions across the value chain? Last week at #WEF2024 in #Davos, our CEO Hilde Merete Aasheim joined a panel to discuss how electric vehicles, a promising solution to decarbonizing the automotive industry, need to account for the costs of producing batteries, embedded emissions in the materials used to produce the cars in the first place, and the end-of-life plans for when the cars are retired. We believe transparency is the key.

The world of charging stations for electric vehicles is developing quickly, but we are keeping up with aluminium extrusions. Find out how 👇

We've partnered with UK start-up WATT Electric Vehicle Company to deliver recycled, low-carbon aluminium extrusions for their upcoming electric commercial vehicle. The eCV1 will have a reduced weight and carbon footprint thanks to innovative extrusions profiles. 

Read the full story 👉 https://bit.ly/3H4wtQP

Yesterday at #WEF2024 our CEO, Hilde Merete Aasheim, joined a panel hosted by ICMM to share and hear diverse perspectives on why collaboration across sectors is essential for success, and how companies can start to embed their own nature positive approaches.

Today at #WEF2024, we’re discussing nature-positivity – one of the three priorities on our #Davos agenda. Our commitment to supporting a nature positive future is an important step towards solving our industry’s common global challenges.

As a material producer, the power to change lies with us. That’s why we’re changing the aluminium game through how we produce and do business, paving the way for the green transition not only in our industry, but every other industry relying on aluminium.

	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	77.91B -	87.69B 12.56%	81.95B 6.55%	109.22B 33.27%	159.38B 45.92%	149.77B 6.03%	138.12B 7.78%	149.65B 8.35%	207.93B 38.94%	192.09B 7.62%
cost of revenue	51.48B -	61.35B 19.18%	57.63B 6.08%	69.85B 21.21%	109.89B 57.33%	106.05B 3.50%	84.59B 20.23%	96.69B 14.30%	129.37B 33.81%	157.98B 22.11%
gross profit	26.43B -	26.34B 0.33%	24.33B 7.64%	39.37B 61.84%	49.49B 25.69%	43.72B 11.65%	53.53B 22.43%	52.97B 1.04%	78.56B 48.31%	34.11B 56.57%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses										24.48B -
research and development expenses										786M -
other expenses	-8.52B -	-9.55B 12.04%	-8.82B 7.64%	-11.97B 35.72%	-18.96B 58.44%	24.54B 229.43%	31.47B 28.23%	19.35B 38.51%	28.27B 46.09%	-25.02B 188.50%
cost and expenses	63.98B -	70.40B 10.03%	67.11B 4.67%	88.79B 32.31%	132.69B 49.44%	130.59B 1.58%	116.06B 11.12%	116.04B 0.02%	157.65B 35.85%	183.24B 16.24%
operating expenses	12.50B -	9.05B 27.63%	9.48B 4.83%	18.94B 99.72%	22.80B 20.34%	24.54B 7.66%	31.47B 28.23%	19.35B 38.51%	28.27B 46.09%	25.27B 10.63%
interest expense	788M -	518M 34.26%	475M 8.30%	670M 41.05%	958M 42.99%	1.16B 20.88%	1.22B 5.18%	1.11B 8.95%	1.26B 13.62%	2.05B 63.02%
ebitda	7.82B -	8.97B 14.60%	15.09B 68.26%	15.71B 4.10%	14.76B 6.03%	9.86B 33.21%	13.28B 34.77%	27.87B 109.79%	41.98B 50.65%	18.31B 56.38%
operating income	13.92B -	17.54B 25.99%	15.34B 12.56%	20.43B 33.18%	26.69B 30.65%	372M 98.61%	1.03B 177.15%	19.59B 1,799.81%	33.05B 68.75%	8.85B 73.24%
depreciation and amortization	4.77B -	5.02B 5.28%	5.47B 8.98%	6.16B 12.57%	7.37B 19.59%	9.48B 28.71%	12.25B 29.18%	8.28B 32.42%	8.93B 7.83%	9.47B 6.04%
total other income expenses net	-11.80B -	-14.12B 19.61%	-6.20B 56.07%	-9.35B 50.82%	-20.23B 116.25%	-1.93B 90.47%	1.58B 181.85%	-1.19B 175.41%	-688M 42.18%	-2.79B 305.81%
income before tax	2.12B -	3.42B 61.48%	9.14B 166.77%	11.07B 21.21%	6.46B 41.65%	-1.56B 124.08%	2.61B 267.67%	18.40B 605.14%	32.37B 75.93%	6.05B 81.29%
income tax expense	892M -	1.09B 22.42%	2.55B 133.61%	1.89B 25.87%	2.14B 13.11%	813M 61.99%	950M 16.85%	4.47B 370.21%	7.98B 78.73%	3.74B 53.13%
net income	797M -	2.02B 153.45%	6.39B 216.24%	8.78B 37.49%	4.26B 51.54%	-2.37B 155.66%	1.84B 177.88%	12.16B 559.08%	24.15B 98.63%	3.58B 85.17%
weighted average shs out	2.04B -	2.04B 0.07%	2.04B 0.05%	2.04B 0.10%	2.05B 0.08%	2.05B 0.06%	2.05B 0.08%	2.05B 0.10%	2.05B 0.00%	2.03B 1.06%
weighted average shs out dil	2.04B -	2.04B 0.07%	2.04B 0.05%	2.04B 0.10%	2.05B 0.08%	2.05B 0.06%	2.05B 0.08%	2.05B 0.10%	2.05B 0.00%	2.03B 1.06%
eps	0.39 -	0.99 153.85%	3.13 216.16%	4.30 37.38%	2.08 51.63%	-1.16 155.77%	0.90 177.59%	5.93 558.89%	11.78 98.65%	1.77 84.97%
epsdiluted	0.39 -	0.99 153.85%	3.13 216.16%	4.30 37.38%	2.08 51.63%	-1.16 155.77%	0.90 177.59%	5.93 558.89%	11.78 98.65%	1.77 84.97%

COM:HYDRO

Norsk Hydro ASA

Last Close

6.47

22/11 20:59

Market Cap

12.41B

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4.71K

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