AT A GLANCE: Hydro Q1 earnings up on reduced costs, extrusion sector hit by Covid-19

A summary of aluminium producer Hydro’s results for the first quarter of 2020.

In brief Earnings before interest and taxes (Ebit) totaled 2.247 billion Norwegian kroner ($215 million), a fourfold increase from 559 million kroner a year earlier. Successful ramp-up of production at Alunorte alumina refinery in Brazil, reduced costs and positive currency effects all contributed positively to results. But positive elements partly offset by lower alumina and...

Published

Alice Mason

April 29, 2020

09:44 GMT

London