Norsk Hydro A S Stock Price, News & Analysis

Norsk Hydro (NHYDY) reported strong Q2 2025 results with adjusted EBITDA of NOK 7,790 million, up from NOK 5,839 million year-over-year. The company generated NOK 5 billion in free cash flow with a twelve-month adjusted RoaCE of 12%.

Key strategic actions include reducing 2025 capital expenditure target by NOK 1.5 billion to NOK 13.5 billion, implementing an external hiring freeze for white-collar positions, and conducting a workforce review. The company successfully placed a EUR 500 million Green Bond with a 3.75% coupon.

Despite market uncertainties and challenges in wind power supply, Hydro maintains a robust power sourcing portfolio. The company is ahead of its improvement program targets for 2025, with 70% of the NOK 600 million target achieved year-to-date through operational, procurement, and commercial initiatives.

Norsk Hydro (OTC:NHYDY) has reached a settlement agreement for the voluntary termination of its power purchase agreement (PPA) with Cloud Snurran AB, which entitles Hydro to receive up to EUR 90 million in compensation.

The original PPA, signed in 2018, was for 300 GWh annual baseload supply during 2020-2030 and 550 GWh during 2031-2049. Cloud Snurran AB has faced financial difficulties and hasn't delivered power since November 2024. The settlement includes compensation for both non-delivered volumes and future power deliveries, with the final amount depending on realized values from a future sales process.

Hydro maintains a robust power sourcing position for its Norwegian smelters through 2030, with 9.4 TWh annual equity hydropower production and 8.5 TWh yearly contract portfolio. The settlement is expected to be effective in July 2025.

Norsk Hydro (OTC:NHYDY) has scheduled its second quarter 2025 results presentation for July 22, 2025. The quarterly report and presentation materials will be released at 07:00 CEST and made available on hydro.com.

CEO Eivind Kallevik and CFO Trond Olaf Christophersen will host an English webinar at 08:30 CEST, followed by a Q&A session. The event will be conducted virtually through Zoom, with dial-in options available for participants from Norway, UK, and US. No pre-registration is required for the webcast.

Norsk Hydro (NHYDY) has completed the registration of its share capital reduction with the Norwegian Register of Business Enterprises. The reduction involves cancellation of 20,067,969 own shares and redemption and cancellation of 10,458,893 shares held by the Norwegian state, resulting in a total capital reduction of NOK 33,518,494.476.

Following this registration, Hydro's new share capital stands at NOK 2,172,381,071.328, consisting of 1,978,489,136 shares with a nominal value of NOK 1.098 each.

Norsk Hydro (OTC:NHYDY) has scheduled the release of its second quarter 2025 results for July 22, 2025, at 07:00 CEST. The company will host a webinar at 08:30 CEST featuring President and CEO Eivind Kallevik and CFO Trond Olaf Christophersen.

The quarterly report and presentation will be accessible on hydro.com. The webinar will include a Q&A session and will be conducted via Zoom, with dial-in options available for participants from Norway, UK, and US. No pre-registration is required for the webcast.

Norsk Hydro (OTC:NHYDY) has scheduled the release of its second quarter 2025 results for July 22, 2025, at 07:00 CEST. The quarterly report and presentation materials will be simultaneously published on hydro.com.

President and CEO Eivind Kallevik and Executive Vice President and CFO Trond Olaf Christophersen will host an English webinar at 08:30 CEST, followed by a Q&A session. The event will be conducted virtually through Zoom, with dial-in options available for participants from Norway, UK, and US.

Norsk Hydro (NHYDY) has successfully issued its first European Green Bond (EuGB) worth EUR 500 million. The senior unsecured bond has an 8-year tenor and offers a 3.75% fixed annual coupon with a 3.779% reoffer yield. The company becomes the first Nordic issuer of an EuGB, demonstrating its commitment to sustainable finance. The proceeds will be allocated to eligible activities outlined in Hydro's European Green Bond Factsheet, supporting the company's strategy to pioneer green aluminum transition powered by renewable energy. The bonds will be listed on the Irish Stock Exchange (Euronext Dublin), with several major financial institutions serving as Joint Lead Managers and Citi acting as the Green Structuring Bank.

Norsk Hydro ASA (NHYDY) announced that its shares will trade ex-dividend starting May 12, 2025. The dividend amount is set at NOK 2.25 per share. This means that investors who purchase the stock on or after this date will not be eligible to receive this declared dividend payment.

Norsk Hydro ASA (NHYDY) has announced changes to its Board of Directors following its Annual General Meeting on May 9, 2025. Kim Wahl was elected as a new board member for a term of up to two years, until the 2027 Annual General Meeting. Additionally, four employee representatives - Arve Baade, Margunn Sundve, Bjørn Petter Moxnes, and Ellen Merete Olstad - were elected on April 29, 2025, for two-year terms.

Following these elections and a constituting Board meeting, the complete Board of Directors now consists of 11 members, with Rune Bjerke serving as chair and Kristin Fejerskov Kragseth as deputy chair.