Feb 14, 2023 / 07:30AM GMT
Operator
Good morning, and welcome to Hydro's Q4 2022 Presentation and Conference Call. We will start off with a presentation by our CFO, Pal Kildemo, followed by a Q&A session. Note that you will need to be dialed into the conference call in order to ask questions after the presentation. With that, I turn the microphone over to you, Pal.
Pal Kildemo - Norsk Hydro ASA - Executive VP, CFO & Member of the Corporate Management Board
Good morning, and welcome from me as well. It's a pleasure to share both our fourth quarter and full year results with you today. And I would like to start with the key highlights from the quarter. Let's turn to Slide 2.
For Q4, we reported an EBITDA of NOK 7.2 billion. Strong results on the back of strong aluminum markets, but down from the third quarter on lower upstream prices and higher costs. As uncertainty has increased and demand weakened in the fourth quarter, we have had strong focus on cash release and margin management with a free cash flow coming in at NOK 5.8 billion.
For the full year, we are very pleased
Q4 2022 Norsk Hydro ASA Earnings Call Transcript
Feb 14, 2024
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