Welcome to our dedicated page for Norsk Hydro A S news (Ticker: NHYDY), a resource for investors and traders seeking the latest updates and insights on Norsk Hydro A S stock.
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) has announced the release of its first quarter 2025 results, scheduled for April 29, 2025, at 07:00 CEST. The quarterly report and presentation will be simultaneously published on hydro.com.
A webinar will be hosted at 08:30 CEST by President and CEO Eivind Kallevik and Executive Vice President and CFO Trond Olaf Christophersen, featuring a Q&A session following the presentation. The event will be conducted entirely online through the Livestorm platform, with no physical presentation or press conference planned.
Norsk Hydro ASA (NHYDY) has announced its Annual General Meeting (AGM) for 2025, scheduled for Friday, May 9, 2025, at 10:00 (CEST). The meeting will be conducted exclusively in a digital format through Lumi AGM platform.
Shareholders can participate through three options: digital attendance, advance voting, or proxy assignment. The company has provided a comprehensive guide for online participation and all relevant documentation is available on hydro.com/generalmeeting.
The notice includes several appendices covering important documents such as the Annual Report, share capital reduction details, 2024 executive remuneration report, proposed amendments to Articles of Association, Nomination Committee recommendations, and shareholder proposals from Ivar Saetre and Albert Berveling.
Norsk Hydro (NHYDY) has announced the release of its first quarter 2025 results, scheduled for April 29, 2025, at 07:00 CEST. The quarterly report and presentation materials will be simultaneously published on hydro.com.
A webinar presentation will be hosted at 08:30 CEST by President and CEO Eivind Kallevik and Executive Vice President and CFO Trond Olaf Christophersen, followed by a Q&A session. The event will be conducted entirely online through the Livestorm platform, with no physical presentation or press conference planned.
Norsk Hydro ASA (NHYDY) has reported that Board Member Jane Toogood has purchased 1,000 shares of the company on March 25, 2025, at a price of GBP 4.95 per share. This transaction represents Toogood's entire holding in the company, as indicated by the new holding amount of 1,000 shares.
Norsk Hydro (NHYDY) announces a NOK 1.65 billion investment to construct a new wire rod casthouse at its Karmøy, Norway aluminium smelter. The facility, scheduled to begin operations in Q1 2028, will have an annual capacity of 110,000 tonnes and produce aluminium wire for European power cables.
This marks Hydro's largest Norwegian investment in a decade, aimed at supporting Europe's energy infrastructure development. The project will enhance the company's ability to supply low-carbon aluminium solutions, with Norway currently providing 40% of Europe's aluminium production.
Despite generally weaker market conditions in 2024, Hydro reports increased sales of low-carbon and recycled aluminium compared to 2023 and 2022. The investment is part of Hydro's annual NOK 15 billion investment plan, with the final build decision expected in Q4 2025.
Norsk Hydro ASA (NHYDY) has announced that board member Peter Kukielski will resign from the Board of Directors at the upcoming Annual General Meeting scheduled for May 9, 2025. The company's Nomination Committee will provide their recommendation for the board position before the meeting.
Norsk Hydro has published its Annual Report 2024 in European Single Electronic Format (ESEF), which is now available on www.hydro.com. The company has released this information in compliance with the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.
Norsk Hydro (NHYDY) reported strong financial performance in 2024, with adjusted EBITDA reaching NOK 26,318 million, up from NOK 22,258 million in 2023. The increase was driven by higher alumina prices, lower raw material costs, and positive currency effects, partially offset by lower extrusions and recycling volumes, and higher fixed costs.
The company achieved a five-year adjusted RoaCE of 12%, exceeding its 10% target, though 2024's figure was 8.5%. Hydro has delivered NOK 10.1 billion from improvement programs since 2018, surpassing its NOK 9.5 billion target. Commercial initiatives generated NOK 2.6 billion in value.
The company plans to distribute NOK 4.5 billion to shareholders for 2024, representing 50% of adjusted net income. Since 2019, Hydro has distributed NOK 35.7 billion to shareholders. The company has already reached its 2025 decarbonization targets and continues to focus on green aluminum transition initiatives.
Norsk Hydro ASA (NHYDY) has announced its Board of Directors' proposal for a cash dividend of NOK 2.25 per share for the financial year 2024. The dividend proposal will be presented for approval at the General Meeting on May 9, 2025. Key dates for shareholders include: last day including dividend rights on May 9, 2025; ex-dividend date on May 12, 2025; record date on May 13, 2025; and payment date on May 20, 2025.
Norsk Hydro reported strong Q4 2024 results with adjusted EBITDA of NOK 7,701 million, up from NOK 3,737 million year-over-year. The increase was driven by higher alumina and aluminum prices, and positive currency effects, partially offset by higher raw material costs and lower volumes.
The company achieved record results in Bauxite & Alumina with NOK 5 billion in adjusted EBITDA, driven by the Platts Alumina Index reaching an all-time high of USD 805 per tonne. Hydro generated NOK 1.7 billion in free cash flow and achieved its 2025 emission reduction target of 10% one year ahead of schedule.
The Board proposed a cash dividend of NOK 2.25 per share, representing 50% of adjusted net income. The company is implementing restructuring in Hydro Extrusions, reducing personnel by over 900 employees and investing NOK 350 million to manage weak demand and improve efficiency.