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Norsk Hydro sees 2023 core profit at NOK 28.9 billion

12/15/2022

Less than a minute

2022.12.15 08:37

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Budrigannews.com – Norsk Hydro (OTC:) expects 28.9 billion crowns ($2.96 billion) in earnings before interest, tax, depreciation and amortisation (EBITDA) in 2023, the Norwegian aluminium producer said on Thursday.

Chief Financial Officer Pal Kildemo also said at the firm’s Capital Markets Day that it had curtailed 100,000 tonnes of aluminium production and expects to suspend an additional 30,000 tonnes.

($1 = 9.7768 Norwegian crowns)

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12/15/2022

Less than a minute