Q3 2022 Norsk Hydro ASA Earnings Call - In Person Transcript

Oct 25, 2022 / 06:30AM GMT
Therese Rod Holm - Norsk Hydro ASA - Executive VP for Communication & Public Affairs and Member of Corporate Management Board

Good morning, and welcome to Hydro's Q3 2022 Presentation and Conference Call. We will start off with a presentation by Hydro CEO, Hilde Merete Aasheim, followed by a financial update by CFO, Pal Kildemo. The presentations will be followed by a Q&A session for those physically in the room. We will have a digital conference call at 11:00.

And with that, I turn the microphone over to you, Hilde, please.

Hilde Merete Aasheim - Norsk Hydro ASA - President, CEO & Member of Corporate Management Board

Thank you, Therese, and good morning. It's good to see you here at Felix, some more people here than at Vakero last time.

Let me go straight to the highlights for the quarter. For Q3, we report an EBITDA of NOK 9.7 billion, while free cash flow came in at NOK 2 billion. The war in Ukraine, high energy prices and concern around inflation and increasing interest continues to add uncertainty in our markets. In these

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