Q2 2019 Norsk Hydro ASA Earnings Call - Q&A Session Transcript

Jul 23, 2019 / 01:00PM GMT
Operator

Good day, and welcome to the Norsk Hydro Quarter 2 Presentation. For your information, this call will be recorded. At this time, I would like to turn the conference over to Mr. Stian Hasle. Please go ahead, sir.

Stian Hasle - Norsk Hydro ASA - Head of IR

Thank you. Good afternoon, and welcome to the update of Norsk Hydro's second quarter results. We will start with an introduction by President and CEO, Hilde Merete Aasheim, followed by a Q&A session. Also joined by CFO, Eivind Kallevik.

And with that, I'll leave the word to you, Hilde.

Hilde Merete Aasheim - Norsk Hydro ASA - President & CEO

Thank you, Stian, and good afternoon to all of you. I assume most of you have followed our result presentation this morning. But let me briefly address the key highlights for the second quarter of 2019.

Underlying EBIT for the second quarter was NOK 875 million, down from NOK 2.7 billion in the second quarter last year and somewhat up from the NOK 559 million in Q1. I'm very happy to see that the ramp-up

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