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Norsk Hydro: Second quarter 2021 - Record results and continued positive market sentiment
Norsk HydroJuly 23, 2021 GMT
Norsk Hydro ASA posted second-quarter 2021 adjusted EBITDA of NOK 6,598 million, up from NOK 2,794 million in the same quarter last year. Continued global economic recovery is supporting increased demand for aluminium and aluminium products. Hydro Aluminium Metal and Hydro Extrusions business areas reported record quarterly results.
Record result in Aluminium Metal supported by LME prices and premiums
Robust operations, improvement program ahead of plan
Strong performance in Extrusions and progress on growth initiatives
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