AT A GLANCE: Record Q3 for Hydro’s aluminium business

A summary of Norwegian aluminium and energy company Hydro’s third-quarter results.

In brief

Hydro’s third-quarter adjusted earnings before income tax depreciation and amortization (Ebitda) was 7,219 million Norwegian krone ($862 million), compared with 3,100 million krone in the same quarter last year. This was due to higher all-in metal and alumina prices, as well as improved upstream volumes, but partly offset by higher raw materials costs. Adjusted Ebitda for the bauxite and alumina segment of the business increased to 1,055 million krone, from 578 million...

Published

Alice Mason

October 26, 2021

09:50 GMT

London