Norsk Hydro ASA reports recurring developments across its aluminium and alumina operations, including production trends, raw-material and metal-price effects, recycling margins, power sourcing for Norwegian smelters, and updates tied to assets such as Alunorte and the HalZero test facility. Company news also covers quarterly results, dividends, annual general meeting resolutions, board elections, remuneration policies, long-term incentive share allocations, employee share programs, and primary-insider transactions.
Norsk Hydro (NHYDY) reported third-quarter 2026 adjusted EBITDA, a measure of operating earnings, of NOK 9,089 million, above the year-earlier level. The comparison was NOK 5,996 million, while adjusted earnings per share rose to NOK 2.3 from NOK 1.0. Net income was NOK 5,263 million.
Aluminium Metal and Extrusions earnings improved, while Bauxite & Alumina, Energy and Metal Markets declined. Free cash flow was NOK 1.4 billion, constrained by working capital requirements and prepayments. Hydro lowered year-end capital spending guidance to around NOK 12.5 billion and raised net working capital guidance to around NOK 32 billion. Net debt fell to NOK 15.4 billion from NOK 16.3 billion during the quarter.
Alunorte restored regular operations after gas supply disruptions. HalZero produced its first aluminium, with further development needed before potential industrial use. Slovalco began restarting primary aluminium production.
Norsk Hydro (NHYDY) will release its third-quarter 2026 results at 07:00 CEST on October 23, 2026. The report and presentation will be available on hydro.com at the same time. CEO Eivind Kallevik and CFO Trond Olaf Christophersen will host an English-language webinar at 08:30 CEST, followed by questions and answers. There will be no physical presentation or press conference.
Norsk Hydro (NHYDY) estimates a fourth-quarter 2026 cost impact of USD 90-110 million from Alunorte’s replacement natural gas purchases.
Alunorte has not received contracted gas deliveries and is buying gas at spot-based prices. The estimate reflects the difference between contract and spot-based prices. Alunorte expects no further gas supply interruption and is progressing a long-term solution on competitive terms. The financial impact remains uncertain.
Norsk Hydro (NHYDY) expects approximately EUR 28 million in compensation after a wind park sale expected to close in mid-October 2026.
An agreement to sell the Swedish wind park has been entered into. The compensation follows a July 2025 settlement to voluntarily terminate Hydro’s long-term power purchase agreement with Cloud Snurran AB. Its final amount depends on the realized sale value and an agreed value-sharing mechanism, and remains subject to closing adjustments.
Norsk Hydro (NHYDY) will release its third quarter 2026 results on October 23, 2026, at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC/GMT). The quarterly report and presentation will be published on hydro.com at the same time. President and CEO Eivind Kallevik and EVP/CFO Trond Olaf Christophersen will host an English-language webinar with Q&A at 08:30 CEST, held only digitally with no physical event.
Norsk Hydro (NHYDY) will host its Investor Day in London on 25 November 2026 at Euston Square 30, London NW1 2FB, with an option to attend virtually.
The programme includes registration from 08:30 GMT, a CEO and CFO presentation with Q&A from 09:00, lunch at 11:30, and a 12:30 roundtable with the CEO and CFO exclusively for sell-side analysts. Participants must register by 3 November 2026 using the registration form. Virtual attendees can follow the presentations and Q&A via webcast but will not be able to ask questions during the Q&A session.
Norsk Hydro (OTCQX: NHYDY) reports that its Alunorte alumina refinery is ramping production back to full capacity after Brazil’s ANP approved Alunorte as a self-importer of gas and a temporary terminal access agreement was reached with gas supplier CELBA. The refinery had temporarily reduced output due to disruptions in natural gas availability. Lost alumina production is estimated at 100,000–120,000 tonnes, and the potential Q3 2026 financial impact for the Bauxite & Alumina segment from reduced production and higher gas prices is estimated at USD 75–100 million.
Norsk Hydro (OTCQX:NHYDY) reports that its Alunorte alumina refinery has reduced production to 50% after its gas supplier CELBA, part of New Fortress Group, notified disruptions in natural gas availability. Alunorte is buying spot gas, seeking direct LNG terminal access, and preserving rights under its Gas Supply Agreement while it works to secure long-term alternative gas supplies. The company estimates a potential Q3 2026 financial impact on the Bauxite & Alumina segment of USD 75–100 million from reduced production and higher gas costs.
Hydro (OTCMKTS: NHYDY) reported second-quarter 2026 adjusted EBITDA of NOK 8,923 million, up from NOK 7,790 million a year earlier, driven by higher aluminium prices, product premiums and stronger recycling results. Adjusted EPS rose to NOK 2.2 from NOK 1.7. Free cash flow reached NOK 4 billion, and twelve‑month adjusted RoaCE was 10.9%. Aluminium Metal adjusted EBITDA surged to NOK 6,421 million, while recycling delivered over NOK 900 million of adjusted EBITDA. In contrast, Bauxite & Alumina and Energy saw lower earnings. Net debt increased from NOK 12.9 billion to NOK 16.3 billion, mainly due to dividends and investments. Hydro announced a 75,000‑tonne restart at the Slovalco smelter in H2 2026, a 10‑year Norwegian power contract covering 0.5 TWh annually from 2031–2040, and a five‑year low‑carbon wire rod supply agreement of about 85,000 tonnes with Nexans.
Hydro (OTC: NHYDY) will release its second quarter 2026 results on July 22, 2026 at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC/GMT), with the report and presentation published simultaneously on hydro.com. CEO Eivind Kallevik and CFO Trond Olaf Christophersen will host an English-language Zoom webinar with Q&A at 08:30 CEST, accessible via webcast link or international dial-in numbers.