Norsk Hydro ASA (OSL:NHY)
kr 66.6 0.62 (0.94%) Market Cap: 133.60 Bil Enterprise Value: 143.21 Bil PE Ratio: 37.84 PB Ratio: 1.33 GF Score: 94/100

Q2 2021 Norsk Hydro ASA Earnings Call Transcript

Jul 23, 2021 / 06:30AM GMT
Release Date Price: kr56.16 (-0.85%)
Line Haugetraa
Norsk Hydro ASA - Head of IR

Thank you, operator. Good morning, and welcome to Hydro's Q2 Presentation and Conference Call. We will start with the presentation followed by a Q&A session. Both will be hosted by our CFO, Pal Kildemo; while our CEO, will be present at Q1 and Q3, which will include a more strategic...

(technical Difficulties]

Pal Kildemo
Norsk Hydro ASA - Executive VP, CFO & Member of the Corporate Management Board

of EUR 435 million and strengthens our ability to deliver on our strategic direction for 2025. Our adjusted ROACE for the last 12 months holding Q2 '21 comes in at 9%, 4% higher than Q1 and over double last year's results.

If we just look at the underlying growth for Q2 alone, we would have come in at 15%, exceeding our overall profitability goal of recording ROACE of 10% over the cycle. During the quarter, we were pleased to see an overall continuation of the economic recovery, which began in the second half of 2020. The outlook for GDP growth remains positive. However, we have started seeing

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot