Associated tags: Norsk Hydro
Locations: GERMANY, BRAZIL, EUROPE, AUSTRIA, SWEDEN, PARAGOMINAS, DENMARK, CANADA, OSLO, NO, EU, NORWAY, GUINEA, CHINA, NORTH AMERICA, ASIA, UK, HYDRO
Retrieved on:
Tuesday, December 10, 2019
A closely related party to Executive Vice President Anne-Lene Midseim has on 3 December 2019 sold 400 shares in Norsk Hydro ASA at a price of NOK 31.60 per share.
Key Points:
- A closely related party to Executive Vice President Anne-Lene Midseim has on 3 December 2019 sold 400 shares in Norsk Hydro ASA at a price of NOK 31.60 per share.
- The sale was initiated in connection with termination of a VPS account agreement by the account manager.
- Midseim's new holding in Hydro, including closely related parties, is 29862 shares.
Retrieved on:
Wednesday, October 23, 2019
This mainly reflected a decrease in realized aluminium and alumina prices, partly offset by lower raw material costs and positive effects from higher production in Brazil.
Key Points:
- This mainly reflected a decrease in realized aluminium and alumina prices, partly offset by lower raw material costs and positive effects from higher production in Brazil.
- Underlying EBIT for Bauxite & Alumina decreased compared to the third quarter of last year, from NOK 685 million in Q3 2018 to NOK 481 million in Q3 2019.
- Alunorte, with an annual production capacity of 6.3 million mt, reached 83 percent utilization of its capacity in the third quarter.
- Hydro's reported EBIT amounted to NOK 222 million in Q3 2019, compared to NOK 2 057 million in Q3 2018.
Hydro'sthird quarter results 2019will bereleased at 07:00 CEST (01:00 AM EDT, 06:00 UK time), on WednesdayOctober 23, 2019.
Key Points:
- Hydro'sthird quarter results 2019will bereleased at 07:00 CEST (01:00 AM EDT, 06:00 UK time), on WednesdayOctober 23, 2019.
- Hydrowill hosta combined analyst and press conference, in English, at its corporate headquarters atDrammensveien 260, Oslo, at 08:30 CEST the same day.
- The presentationwill beheld by President and CEO Hilde Merete Aasheim and CFO Pl Kildemo and can also be seen on webcast .
- The Event Conferencing system will call you on the phone number you provide and place you into the event.
Hydro'sthird quarter results 2019will bereleased at 07:00 CEST (01:00 AM EDT, 06:00 UK time), on WednesdayOctober 23, 2019.
Key Points:
- Hydro'sthird quarter results 2019will bereleased at 07:00 CEST (01:00 AM EDT, 06:00 UK time), on WednesdayOctober 23, 2019.
- Hydrowill hosta combined analyst and press conference, in English, at its corporate headquarters atDrammensveien 260, Oslo, at 08:30 CEST the same day.
- The presentationwill beheld by President and CEO Hilde Merete Aasheim and CFO Pl Kildemo and can also be seen on webcast .
- The Event Conferencing system will call you on the phone number you provide and place you into the event.
Retrieved on:
Thursday, September 26, 2019
This is a milestone for Alunorte and will contribute to our agenda towards a more profitable and sustainable Hydro, says Hydro President and CEO Hilde Merete Aasheim.
Key Points:
- This is a milestone for Alunorte and will contribute to our agenda towards a more profitable and sustainable Hydro, says Hydro President and CEO Hilde Merete Aasheim.
- The decision by the federal court to lift the DRS2 embargo under the criminal lawsuit came after a decision on Friday, September 20, to lift the DRS2 embargo under the civil lawsuit.
- We are happy and eager to resume installation and commissioning activities at the state-of-art bauxite residue deposit DRS2, which is the only long-term solution for sustainable and robust operations at Alunorte.
- The embargoes have prevented Alunorte from following the originally planned transition from the old bauxite residue deposit area (DRS1) to the newest deposit area (DRS2), in combination with the press filter technology.
Retrieved on:
Tuesday, September 24, 2019
These will be the key topics at the Hydro Investor Day 2019.
Key Points:
- These will be the key topics at the Hydro Investor Day 2019.
- At this years event, Hydro will present its strategic direction, including new improvement efforts, updated capital allocation framework and clear targets for profitability and sustainability.
- The efforts also include simplification of staff functions and a revised operating model to support our profitability and sustainability agenda, says Hilde Merete Aasheim, President and CEO.
- Going forward, we will be focusing on what we can influence ourselves to achieve the set targets, both when it comes to profitability and sustainability.
Retrieved on:
Tuesday, September 10, 2019
As part of the strategic review of Rolled Products, Hydro has decided to initiate a comprehensive restructuring program in its rolling business with the aim to significantly improve profitability.
Key Points:
- As part of the strategic review of Rolled Products, Hydro has decided to initiate a comprehensive restructuring program in its rolling business with the aim to significantly improve profitability.
- The restructuring includes the planned closure of parts of the foil production at Grevenbroich as well as efficiency measures across the organisation.
- In September 2018, Hydro announced the exit of the foil conversion business by December 31, 2019.
- On September 24, Hydro will host an Investor Day and provide more information on the Rolled Products restructuring and strategic review.
Retrieved on:
Monday, September 9, 2019
Please find attached the invitation to Hydro Investor Day on September 24, 2019, in Oslo.
Key Points:
Please find attached the invitation to Hydro Investor Day on September 24, 2019, in Oslo.
If you have not yet registered, we kindly ask you to do so as soon as possible through the following link, hydro.com/investorday .
Retrieved on:
Saturday, August 31, 2019
Alunorte, Hydro and Ministrio Pblico Federal filed today a joint petition to the Federal Court in Belem to lift the embargoes on the new bauxite residue deposit area - DRS2.
Key Points:
- Alunorte, Hydro and Ministrio Pblico Federal filed today a joint petition to the Federal Court in Belem to lift the embargoes on the new bauxite residue deposit area - DRS2.
- The joint petition aims to allow the Alunorte alumina refinery to resume its installation and commissioning activities at DRS2.
- The petition came after Alunorte, Hydro, Par state environmental agency SEMAS and Ministrio Pblico Federal signed a Memorandum of Understanding establishing an agreement regarding the necessary measures to resume commissioning activities at the new, state-of-art deposit area.
- Alunorte and Ministrio Pblico Federal will await the courts decision on the joint petition.
