Diskusjon Triggere Porteføljer Aksjonærlister

Norsk Hydro (NHY)

Finansiell kalender

Finansiell kalender for Norsk Hydro ASA

REGNSKAPSÅR 2018

24.10.2018 - Kvartalsrapport - Q3
07.02.2019 - Kvartalsrapport - Q4

29.11.2018 - Kapitalmarkedsdag

REGNSKAPSÅR 2019

30.04.2019 - Kvartalsrapport - Q1
23.07.2019 - Halvårsrapport
23.10.2019 - Kvartalsrapport - Q3

15.03.2019 - Årsrapport
07.05.2019 - Ordinær generalforsamling

Denne informasjonen offentliggjøres i henhold til kravene i Løpende
forpliktelser.

Ekstern link: http://www.newsweb.no/index.jsp?messageId=460869

Nyheten er levert av OBI.

http://www.netfonds.no/quotes/release.php?id=20181008.OBI.20181008S68

Norsk Hydro: Alunorte to resume production at half capacity

The Alunorte alumina refinery has on October 8 agreed with the environmental agency of the state of Pará, SEMAS, to resume production at 50 percent capacity under SEMAS. supervision. This follows the exceptional authorization by federal environmental agency IBAMA late on Friday to utilize the state-of-the-art press filter technology to process bauxite residues. Alunorte is expected to be able to ramp up to 50 percent production within two weeks.

.With firm documentation verifying the integrity of our bauxite residue disposal system when based on our press filter, and in alignment with SEMAS, we are now in a position to safely resume 50 percent operations at Alunorte,. said John Thuestad, head of Hydro.s Bauxite and Alumina business area, adding: .This is a highly welcome development to secure thousands of jobs in Pará, as well as securing supply to our global customers and markets…

Alunorte has been operating at half capacity since March after state environmental authorities and the court ordered the alumina refinery to reduce production by 50%, federal environmental authorities ordered to stop commissioning of the new bauxite residue area (DRS2) and the press filter and the court also ordered to stop commissioning of the DRS2.

As a consequence, Alunorte has been limited to disposing bauxite residue in the old DRS1 disposal area using less efficient drum filters. Last week, external geotechnical experts recommended that the use of DRS1 based on drum filter processing should be discontinued. DRS1 is already in the process being reshaped as a first step for the area to be closed and rehabilitated. By using the press filter technology for the reshaping process, Alunorte is able to safely continue depositing bauxite residue in DRS1 while awaiting approval to use DRS2. The new press filter creates stackable residue with considerably less water content than the drum filter.

In addition to Alunorte resuming operations at half capacity, the decision will allow Hydro.s Paragominas bauxite mine to restart deliveries to Alunorte at 50 percent capacity. Hydro.s joint-venture smelter Albras, situated next to Alunorte and fully dependent on alumina supplies from the refinery, will be able to continue producing 230 000 tonnes per year, half of its annual capacity of 460 000 tonnes.

Hydro continues its dialog with all relevant authorities to bring Alunorte back to full production and normalize its operations in Brazil.

Background 
On February 16.17, the city of Barcarena, including Alunorte alumina refinery, was hit by an extreme rainfall, which continued in the following days. The rainfall caused flooding in the region.  

Internal and external reviews confirm that there was no overflow from the bauxite residue deposits or harmful spills from the February rain event.  

Since March 1, Alunorte has been operating at 50% of its capacity, following orders from SEMAS and the court system. Consequently, Paragominas bauxite mine and Albras aluminium plant have also reduced production by 50%.  

Both Alunorte and Paragominas have granted collective vacations to around 1,000 employees to preserve jobs and mitigate the impacts of the reduced activity. In July, Paragominas temporarily suspended work contracts for 80 employees and terminated 175 contractors. 

On September 5, Alunorte signed two agreements representing a milestone to resume normal operations. The agreements include a technical Term of Adjusted Conduct (TAC) signed between Alunorte . Alumina do Norte do Brasil S.A, Norsk Hydro do Brasil Ltda, the Ministério Público Federal (MPF), the Pará State Ministério Público (MPPA), the State Government of Pará, represented by the Secretariat of State of Environment and Sustainability (SEMAS). In addition, a social Term of Commitment (TC) was signed between Alunorte - Alumina do Norte do Brasil S.A and the State Government of Pará. The TAC regulates certain technical improvements, audits, studies and payments for food cards to families living in the hydrographic area of the Murucupi River, while the TC addresses additional efforts and investments related to the social development of communities in Barcarena.

Investor contacts
Stian Hasle
+47 97736022
[email protected]

Olena Lepikhina
+47 96853035
[email protected]

Media contact
Halvor Molland  
+47 92979797
[email protected]

Cautionary note
Certain statements included in this announcement contain forward-looking information, including, without limitation, information relating to (a) forecasts, projections and estimates, (b) statements of Hydro management concerning plans, objectives and strategies, such as planned expansions, investments, divestments, curtailments or other projects, © targeted production volumes and costs, capacities or rates, start-up costs, cost reductions and profit objectives, (d) various expectations about future developments in Hydro’s markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, and (i) qualified statements such as “expected”, “scheduled”, “targeted”, “planned”, “proposed”, “intended” or similar.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized. Factors that could cause these differences include, but are not limited to: our continued ability to reposition and restructure our upstream and downstream businesses; changes in availability and cost of energy and raw materials; global supply and demand for aluminium and aluminium products; world economic growth, including rates of inflation and industrial production; changes in the relative value of currencies and the value of commodity contracts; trends in Hydro’s key markets and competition; and legislative, regulatory and political factors.

No assurance can be given that such expectations will prove to have been correct.  Hydro disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Nyheten er levert av GlobeNewswire.

http://www.netfonds.no/quotes/release.php?id=20181009.GlobeNewswire.GNW1000101869-en

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Norsk Hydro: REMINDER: Invitation - Hydro.s third quarter results 2018

Hydro’s.third quarter results 2018.will be.released at 07:00 CET (01:00 AM EST, 06:00 UK time), on Wednesday.October 24, 2018. The quarterly report and presentation slides.will be available on at the same time.

Presentation in Oslo
Hydro.will host.a combined analyst and press conference, in English, at its corporate headquarters at.Drammensveien 260, Oslo, at 08:30 CET the same day. The presentation.will be.held by President and CEO Svein Richard Brandtzæg and CFO Eivind Kallevik and can also be seen on web TV.

To attend the presentation in Oslo, please register by sending a mail to .

In addition to the webcast, it will also be possible to dial in (not possible to ask questions over the phone). To join this event, please use the below .Click to Join. link 5-10 minutes prior to start time, where you will be asked to enter your phone number and registration details. The Event Conferencing system will call you on the phone number you provide and place you into the event. Please note that the .Click to Join. link will be active 15 minutes prior to the event.

Please use the .Click to Join. option above for the easiest way to join the conference or use the dial-in numbers below.

Dial-in numbers for this conference call are:

Norway. +47 2350 0187
UK. +44 (0)330 336 9401
USA. +1 323-794-2442
Sweden. +46 (0)8 5033 6546

Confirmation Code: 189490

Q&A / Conference Call
There will be a Conference Call at 14:00 UK time (15:00 CET, 09:00 AM EST) the same day. The Q&A will be held by President and CEO Svein Richard Brandtzæg and CFO Eivind Kallevik.

Please use the .Click to Join. link below for the easiest way to join the conference (same procedure as mentioned above) or use the dial-in numbers below.

Dial-in numbers for this conference call are:

Norway. +47 2100 2613
UK. +44 (0)330 336 9104
USA. +1 323-794-2558
Sweden. +46 (0)8 5033 6573

Confirmation Code: 016024

Nyheten er levert av GlobeNewswire.

http://www.netfonds.no/quotes/release.php?id=20181017.GlobeNewswire.GNW1000102749-en

Norsk Hydro: Third quarter 2018: Results up on realized prices, higher costs

Hydro’s underlying earnings before financial items and tax increased to NOK 2,676 million in the third quarter, up from NOK 2,446 million for the same quarter last year, reflecting higher all-in aluminium and alumina prices, positive currency effects and strong contribution from the Energy business area. Continued production curtailment at the Alunorte alumina refinery and increased raw material costs had a negative impact.

  • Underlying EBIT of NOK 2 676 million
  • Alunorte, Paragominas and Albras producing at 50%, affecting results negatively
    • Technical and social agreements signed with Brazilian authorities
  • Higher realized all-in aluminium and alumina prices
  • Increased raw material and fixed costs
  • Higher power prices lift result in Energy
  • Stable downstream results
  • Better improvement program hit by Alunorte situation, will not reach 2018 target
  • 2018 global primary market expected in deficit
  • Continued market uncertainty on US tariffs, Rusal sanctions and Alunorte situation

“The third quarter reflected our continued challenges at Alunorte and increased raw material costs, while higher aluminium and alumina prices, as well as strong Energy results, contributed positively. The market for aluminium is tightening, and we expect the 2018 global primary market in deficit,” says President and CEO Svein Richard Brandtzæg.

Underlying EBIT for Bauxite & Alumina increased compared to the third quarter of last year. Higher realized alumina sales prices and positive currency effects were partly offset by higher raw material prices and the effects of reduced production at both Alunorte and Paragominas.
An expense of NOK 519 million relating to the technical and social agreements was recognized as items excluded from underlying EBIT in Bauxite & Alumina in the third quarter.

“Signing the technical and social agreements in Brazil in September was a step in the right direction towards normalized production. We continue the dialogue with the authorities with the aim to resume full production at Alunorte, but the timing remains uncertain,” says Brandtzæg.

Underlying EBIT for Primary Metal declined compared to the third quarter last year due to higher raw material and fixed costs, partly offset by higher all-in metal prices. In addition, there was a positive contribution from the sale of excess power following the production curtailment of the Albras smelter in Brazil.

Underlying EBIT for Metal Markets decreased compared to the third quarter of last year. Negative currency effects and a lower contribution from sourcing and trading activities were somewhat offset by improved results from the remelters.

Underlying EBIT for Rolled Products decreased slightly compared to the third quarter of 2017. Increasing margins and improved performance from automotive line 3 were offset by cost increases. Results for the Neuss smelter decreased, the positive effects of the new power contract, the UBC line and all-in metal price development were more than offset by increasing raw material prices.

Underlying EBIT for Extruded Solutions remained stable compared to the pro forma underlying EBIT for the third quarter 2017. The positive effect of higher margins and sales volumes were offset by increased production costs in connection with the ramp-up of new product lines in Europe, in addition to negative effects from a lower Midwest Premium and section 232 tariffs in North America. Additional costs due to the integration and restructuring of the two recently acquired Brazilian extrusion plants also had a negative effect on the quarter.

Underlying EBIT for Energy increased significantly compared to the same quarter in the previous year. The increase was mainly due to significantly higher prices and higher production, partly offset by negative effects from the repricing of an internal power contract with the Neuss smelter.  

Due to the situation in Alunorte, Hydro’s “Better” improvement program will not reach the 2018 target of NOK 500 million.

Hydro’s net debt position decreased from NOK 7.5 billion to NOK 6.5 billion at the end of the quarter. Net cash provided by operating activities amounted to NOK 2.6 billion. Net cash used in investment activities, excluding short term investments, amounted to NOK 1.5 billion.

In addition to the factors discussed above, reported earnings before financial items and tax (EBIT) and net income include effects that are disclosed in the below table. Items excluded from underlying EBIT and underlying net income (loss) are defined and described as part of the APM section in the quarterly report.

| **Key financial information

NOK million, except per share data**
| Third quarter 2018 | Third quarter 2017 | Change prior year quarter | Second quarter 2018 | Change prior quarter | First 9 months 2018 | First 9 months 2017 | Year 2017 |
|   |   |   |   |   |   |   |   |   |
| Revenue | 39 766 |   | 22 799 |   | 74 | % | 41 254 |   | (4) % | 120 991 |   | 70 416 |   | 109 220 |   |
| Earnings before financial items and tax (EBIT) | 2 057 |   | 2 323 |   | (11) % | 2 986 |   | (31) % | 8 344 |   | 7 678 |   | 12 189 |   |
| Items excluded from underlying EBIT | 620 |   | 123 |   | >100 % | (274 | ) | >100 % | 192 |   | (18 | ) | (974 | ) |
| Underlying EBIT | 2 676 |   | 2 446 |   | 9 | % | 2 713 |   | (1) % | 8 535 |   | 7 660 |   | 11 215 |   |
|   |   |   |   |   |   |   |   |   |
| Underlying EBIT : |   |   |   |   |   |   |   |   |
| Bauxite & Alumina | 685 |   | 413 |   | 66 | % | 364 |   | 88 | % | 1 789 |   | 1 831 |   | 3 704 |   |
| Primary Metal | 861 |   | 1 298 |   | (34) % | 755 |   | 14 | % | 2 439 |   | 3 684 |   | 5 061 |   |
| Metal Markets | (3 | ) | 91 |   | >(100)% | 237 |   | >(100)% | 412 |   | 359 |   | 544 |   |
| Rolled Products | 82 |   | 95 |   | (13) % | 212 |   | (61) % | 526 |   | 285 |   | 380 |   |
| Extruded Solutions | 497 |   |   |   | 957 |   | (48) % | 2 188 |   |   | 284 |   |
| Energy | 652 |   | 368 |   | 77 | % | 417 |   | 56 | % | 1 347 |   | 1 075 |   | 1 531 |   |
| Other and eliminations | (97 | ) | 181 |   | >(100)% | (229 | ) | 58 | % | (165 | ) | 426 |   | (289 | ) |
| Underlying EBIT | 2 676 |   | 2 446 |   | 9 | % | 2 713 |   | (1) % | 8 535 |   | 7 660 |   | 11 215 |   |
|   |   |   |   |   |   |   |   |   |
| Earnings before financial items, tax, depreciation and amortization (EBITDA) | 3 890 |   | 3 766 |   | 3 | % | 4 860 |   | (20) % | 13 942 |   | 11 863 |   | 18 344 |   |
| Underlying EBITDA | 4 510 |   | 3 889 |   | 16 | % | 4 586 |   | (2) % | 14 134 |   | 11 845 |   | 17 369 |   |
|   |   |   |   |   |   |   |   |   |
| Net income (loss) | 925 |   | 2 184 |   | (58) % | 2 073 |   | (55) % | 5 074 |   | 5 585 |   | 9 184 |   |
| Underlying net income (loss) | 1 696 |   | 1 785 |   | (5) % | 2 096 |   | (19) % | 5 994 |   | 5 580 |   | 8 396 |   |
|   |   |   |   |   |   |   |   |   |
| Earnings per share | 0.37 |   | 1.00 |   | (63) % | 1.03 |   | (64) % | 2.42 |   | 2.59 |   | 4.30 |   |
| Underlying earnings per share | 0.74 |   | 0.82 |   | (10) % |   1.02 |   | (27) % |   2.81 |   |   2.61 |   |   3.95 |   |
|   |   |   |   |   |   |   |   |   |
| Financial data: |   |   |   |   |   |   |   |   |
| Investments | 2 051 |   | 1 424 |   | 44 | % | 1 620 |   | 27 | % | 4 990 |   | 4 216 |   | 28 848 |   |
| Net cash(debt) | (6 471 | ) | 7 697 |   | >(100)% | (7 528 | ) | 14 | % | (6 471 | ) | 7 697 |   | (4 118 | ) |
| Adjusted net cash (debt) | (18380 | ) | (2 976 | ) | >(100)% | (20 209 | ) | 9 | % | (18 380 | ) | (2 976 | ) | (17 968 | ) |
| Key Operational information | Third quarter 2018 | Third quarter 2017 | Change prior year quarter | Second quarter 2018 | Change prior quarter | First 9 months 2018 | First 9 months 2017 | Year 2017 |
| Bauxite production (kmt) | 1 286 |   | 3 043 |   | (58) % | 1 348 |   | GlobeNewswire. |

http://www.netfonds.no/quotes/release.php?id=20181024.GlobeNewswire.GNW1000103434-en

Hydro balanserer på kniveggen.

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Norsk Hydro: IBAMA lifts embargo on new Alunorte bauxite residue deposit area

Hydro.s alumina refinery Alunorte, received on October 25 a suspension of the embargo on the new bauxite residue deposit area (DRS2) from Brazilian federal environmental agency IBAMA. Embargo on DRS2 from the federal court system remains in place.

The federal environmental agency IBAMA lifted the embargo on DRS 2 after reviewing the information requested from Alunorte and SEMAS, the local environmental agency in the state of Para. The decision to lift the embargo follows an exceptional authorization granted by IBAMA to Alunorte, on October, 5th, to utilize its state-of-the art press filter technology in processing of bauxite residues. Using DRS2 in combination with press filter technology represents the only long-term sustainable solution for Alunorte.

The suspension of the embargo by IBAMA does not allow for an immediate resumption of DRS 2 testing and commissioning phase, as the embargo from the federal court remains outstanding. 

“The new bauxite residue deposit, together with the press filter, is the world’s most modern bauxite residue treatment technology. We will continue the dialogue with the authorities to seek the permission to utilize the new deposit area, as this is fundamental for the sustainability and continuity of the refinery’s operations”, says Hydro`s EVP of Bauxite & Alumina, John Thuestad.

DRS2 is purpose-built to safely store bauxite residues processed by the press filters. The state-of-the-art press filter technology significantly reduces moisture in residue material, enabling it to be dry stacked, and thereby reduces the required storage area. This leads to improved environmental footprint of the storage area as well as its increased safety.

Alunorte initiated the project to migrate operations to the new press filter technology in DRS 2 in August 2014. Prior to the embargos imposed in March 2018, the refinery was in the process of commissioning of the press filters and DRS2, with the intention to gradually ramp them up while simultaneously reducing the use of drum filters and the old DRS1 deposit area. The resumption of commissioning and tests activities on DRS 2 would allow Alunorte to make the planned transition from DRS1 to the new residue deposit and to the new technology.

.This is a development in the right direction for Alunorte, bringing us one step closer to our original plan of replacing DRS1 with DRS2, based on modern press filter technology,. says head of Hydro.s Bauxite and Alumina business area, John Thuestad.  .In a longer-term perspective, using press filters in combination with DRS2 represents the only sustainable solution for Alunorte . environmentally as well as operationally… says Thuestad

The timing for when the embargos limiting Alunorte.s production to 50 % of full capacity may be lifted remains uncertain.

Investor contacts
Stian Hasle
+47 97736022
[email protected]

Olena Lepikhina
+47 96853035
[email protected]

Press contact
Halvor Molland
+47 92979797
[email protected]

Cautionary note
Certain statements included in this announcement contain forward-looking information, including, without limitation, information relating to (a) forecasts, projections and estimates, (b) statements of Hydro management concerning plans, objectives and strategies, such as planned expansions, investments, divestments, curtailments or other projects, © targeted production volumes and costs, capacities or rates, start-up costs, cost reductions and profit objectives, (d) various expectations about future developments in Hydro’s markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, and (i) qualified statements such as “expected”, “scheduled”, “targeted”, “planned”, “proposed”, “intended” or similar.

 Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized. Factors that could cause these differences include, but are not limited to: our continued ability to reposition and restructure our upstream and downstream businesses; changes in availability and cost of energy and raw materials; global supply and demand for aluminium and aluminium products; world economic growth, including rates of inflation and industrial production; changes in the relative value of currencies and the value of commodity contracts; trends in Hydro’s key markets and competition; and legislative, regulatory and political factors.

 No assurance can be given that such expectations will prove to have been correct.  Hydro disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Nyheten er levert av GlobeNewswire.

http://www.netfonds.no/quotes/release.php?id=20181026.GlobeNewswire.GNW1000104072-en

Norsk Hydro: Executive Vice President purchases shares in Hydro

Executive Vice President and Head of Extruded Solutions, Egil Hogna, has on November 2, 2018, purchased 20 000 shares in Hydro at NOK 45.54 per share. New holding, including closely related parties, is 42 951 shares.

Investor contact
Contact Stian Hasle
Cellular +47 97736022
E-mail [email protected]

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Nyheten er levert av GlobeNewswire.

http://www.netfonds.no/quotes/release.php?id=20181102.GlobeNewswire.GNW1000104968-en

Norsk Hydro: Konserndirektør kjøper aksjer i Hydro

Konserndirektør og ansvarlig for forretningsområdet Extruded Solutions, Egil
Hogna, har 2. november, 2018, kjøpt 20 000 aksjer i Hydro til kroner 45.54 per
aksje. Ny beholdning, inkludert nærstående, er 42 951 aksjer.

Investor kontakt
Kontakt Stian Hasle
Mobil 97736022
E-mail [email protected] (mailto:[email protected])

Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12

Ekstern link: https://newsweb.oslobors.no/message/462706

Nyheten er levert av OBI.

http://www.netfonds.no/quotes/release.php?id=20181102.OBI.20181102S46

http://www.netfonds.no/quotes/release.php?id=20181106.GlobeNewswire.GNW1000125407-en

http://www.netfonds.no/quotes/release.php?id=20181107.OBI.20181107S61

14/11-2018 13:49:55: (NHY, NHY77, NHY78, NHY01) Norsk Hydro: REMINDER - Invitation to Hydro’s Capital Markets Day November 29-30, 2018

Vis børsmeldingen

http://www.netfonds.no/quotes/release.php?id=20181114.GlobeNewswire.GNW1000136378-en

21/11-2018 15:21:03: (NHY, NHY77, NHY78, NHY01) Norsk Hydro: REMINDER - Invitation to Hydro’s Capital Markets Day November 29-30, 2018

29/11-2018 07:02:37: (NHY, NHY77, NHY78, NHY01) Norsk Hydro: Capital Markets Day 2018 - Navigating challenging times, maintaining long-term focus

16/01-2019 00:36:08: (NHY, NHY77, NHY78, NHY01) Norsk Hydro: SEMAS lifts Alunorte.s production embargo

29/01-2019 13:16:37: (NHY, NHY77, NHY78, NHY01) Norsk Hydro: REMINDER: Invitation - Hydro.s fourth quarter results 2018

07/02-2019 06:59:00: (NHY, NHY77, NHY78, NHY01) Norsk Hydro: Fourth quarter 2018: Results down on volumes and raw material costs

07/02-2019 07:15:01: (NHY, NHY77, NHY78, NHY01) Norsk Hydro: Key information relating to the cash dividend to be paid by Norsk Hydro ASA

11/02-2019 08:18:44: (NHY) Disclosure of Shareholdings - Norsk Hydro ASA

Hvor langt ned skal vi? Denne må jo snart være latterlig billigECAEAFFB-2EB9-4537-96B0-A1793BEE44AB

Den er ikke latterlig billig akkurat nå hvis en ser på pris vis a vis inntjening, etter min mening. Alunorte nedstengingen tærer på inntektene. Selv om de fikk godkjenning til å starte opp i morgen vil det ta tid før anlegget opererer på full kapasitet. Hver dag som går nå uten full kapasitetsutnyttelse vil sakte, men sikkert ødelegge 2019. Ser en på pris-bok forholdet er det derimot , etter min mening, en god deal.

Om du tenker å holde Norsk Hydro i en 3-5 års periode tror jeg nå er sjansen å få den rabattert hvis du er tålmodig . Jeg har papiret selv, men jeg tror ikke det får en skikkelig boost før 2020.

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