When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. The transition to a lower-carbon society also provides opportunities for Hydros new energy areas. Hydro Extrusions is now positioning itself for future growth through key investments. See here for a complete list of exchanges and delays. I view this development as a great opportunity to further position Hydro. Rambl Hagen succeeds Line Haugetraa, who will take on a position as M&A Director, heading Group Mergers and Acquisitions at DNV. She will report to Executive Vice President and CFO Pl Kildemo. In the use phase, aluminium contributes to reducing climate emissions from transport, increasing the range of electric cars and making buildings more energy efficient, says Aasheim. Contact Pal Kildemo. These symbols will be available throughout the site during your session. Strengthening position in low-carbon aluminium. Hydros roadmap to net zero by 2050 for the upstream business includes planned activities to replace fuel oil with natural gas and electrify boilers at the Alunorte alumina refinery in Brazil where we also plan to pilot using hydrogen for calcination. 05/19: She will report to Executive Vice President and CFO Pl Kildemo. - 17.05.2023: AQ. Press releases, photos, stories, facts and figures you will find everything you need here. For 2021, Hydro expects NOK 7 billion in investments. Hydro has the ambition of achieving net zero carbon emissions by 2050 or earlier and is pursuing three decarbonization paths to reduce the carbon footprint of aluminium to net zero. She will be responsible for Hydro's contact with investors and financial markets. Rambl Hagen comes from the role of Investor Relations Manager, a position she has held since September last year. Rambl Hagen comes from the role of Investor Relations Manager, a position she has held since September last year. Hydro continues to strengthen the company in terms of profitability and sustainability and is announcing new improvement targets as well as new sustainability ambitions. Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more. Do Not Sell My Personal Information (CA Residents Only). Line Haugetraa has been appointed Head of Investor Relations in Norsk Hydro ASA, and will, effective April 14, be responsible for Hydros contact with investors and financial markets. Investor contact: Line Haugetraa +47 41406376 Line.Haugetraa@hydro.com, This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Type a symbol or company name. Hydro is launching a new climate ambition, confirming the target of cutting own carbon emissions by 30% by 2030 and setting new ambitions of becoming net zero in terms of Scope 1 and 2 carbon. Hydros operations in Bauxite & Alumina and Aluminium Metal are already in the first quartile of their respective cost curves. She joined Hydro in 2015 and has held several positions in Aluminium Metal as Head of . Plug Power Inc. | Plug Lands Three Electrolyzer Deals for European Do Not Sell My Personal Information (CA Residents Only). NHY.OL - Norsk Hydro ASA TipRanks is a comprehensive research tool that helps investors make better, data-driven investment decisions. Norsk Hydro: Martine Rambl Hagen new Head of Investor Relations in Hydro NEWS. | Source: GlobeNewswire Norsk Hydro: Minutes from the Annual General Meeting 2023 The Annual General Meeting (AGM) of Norsk Hydro ASA was held on May 10, 2023. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Investor contact Stian Hasle +47 97736022 Stian.Hasle@hydro.com OMX, source OMX All news about NORSK HYDRO ASA More news Analyst Recommendations on NORSK HYDRO ASA A strike by private-sector workers in Norway has ended after four days after unions and employers agreed on an average wage rise of 5.2%, set to be a nationwide benchmark in upcoming negotiations, two unions said on Thursday. Norsk Hydro investor relations material Listen to the latest call from Norsk Hydro Companies 8 Norsk Hydro Norsk Hydro is a global supplier of aluminum with activities throughout the value chain, from bauxite extraction to the production of rolled and extruded aluminum products and building systems. We believe our sustainability position in an industry context is becoming a strong differentiator, also from a cost of capital perspective. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The updated capex guidance for 2022 is NOK 11 billion, which includes a roll-over from 2021. Certain statements included in this announcement contain forward-looking information, including, without limitation, information relating to (a) forecasts, projections and estimates, (b) statements of Hydro management concerning plans, objectives and strategies, such as planned expansions, investments, divestments, curtailments or other projects, (c) targeted production volumes and costs, capacities or rates, start-up costs, cost reductions and profit objectives, (d) various expectations about future developments in Hydro's markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, and (i) qualified statements such as "expected", "scheduled", "targeted", "planned", "proposed", "intended" or similar. Final distribution for 2021 will be proposed by the Board at the Q4 release in February 2022, and subject to approval by the Annual General meeting in May 2022. Over the past year, Hydro Extrusions has restructured its portfolio and implemented cost savings and productivity programs to improve profitability. Cautionary note . Rambl Hagen comes from the role of Investor Relations Manager, a position she has held since September last year. Factors that could cause these differences include, but are not limited to: our continued ability to reposition and restructure our upstream and downstream businesses; changes in availability and cost of energy and raw materials; global supply and demand for aluminium and aluminium products; world economic growth, including rates of inflation and industrial production; changes in the relative value of currencies and the value of commodity contracts; trends in Hydro's key markets and competition; and legislative, regulatory and political factors. Being engaged in the long aluminium value chain provides us with advantages that are unmatched by our global peers.We have the ability to influence the production from its origin. Stock Price data may be delayed up to 15 minutes. Hydro Havrand has commenced projects at Hydros rdal, Norway, smelter and Vetlanda, Sweden, extrusions facility to introduce green hydrogen into industrial processes. Enter your email to receive our newsletter. In 2021, Extrusions added over 200,000 tonnes of new capacity through investments across the portfolio. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. 1908: Of course the workers must have houses, 1905: A new working day 2 December 1905, International Council on Mining and Metals (ICMM), Letter to stakeholders: Unique position in a new reality, Lifting profitability, driving sustainability. The transition to a lower-carbon society is expected to increase demand for aluminium. Martine Rambl Hagen has been appointed Head of Investor Relations in Norsk Hydro ASA effective May 1, 2023. These are market-driven initiatives where Hydro will leverage its solutions and partnerships to increase market shares in key segments, in addition to growing margins. Other presentations - Norsk Hydro She joined Hydro in 2015 and has held several positions in Aluminium Metal as Head of Performance and Controlling, and as a controller and analyst within Finance and Technology. Create your Watchlist to save your favorite quotes on Nasdaq.com. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. She joined Hydro in 2015 and has held several positions in Aluminium Metal as Head of Performance and Controlling, and as a controller and analyst within Finance and Technology. The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype. Over the past year, Hydro has seen increased demand for its low-carbon brand products Hydro CIRCAL and Hydro REDUXA, and expects to double sales of these products by 2025. Type a symbol or company name. Copy and paste multiple symbols separated by spaces. Hydro disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The information was submitted for publication from Hydro Investor Relations and the contact persons set out above. She will be responsible for Hydros contact with investors and financial markets. Key investments into additional post-consumer scrap recycling capacity of 85,000 tonnes have been announced so far in 2021, increasing total casthouse production by 305,000 tonnes. Norsk Hydro: Stian Hasle new head of Investor Relations in Hydro Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Hydro remains committed to driving long-term value for our shareholders. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Hydros renewable energy company, Hydro REIN, is executing its portfolio strategy and has matured several large-scale projects in Brazil and the Nordics. Haugetraa comes from the position as Director in Mergers & Acquisitions. Backtested performance is not an indicator of future actual results. Norsk Hydro: Martine Rambl Hagen new Head of Investor Relations in Hydro Hydro REIN has several projects in late-stage development in Brazil. Haugetraa succeeds Stian Hasle, who will take on a position as Finance Director in Primary Production, effective from August. Martine Rambl Hagen has been appointed Head of Investor Relations in Norsk Hydro ASA effective May 1, 2023. Sustainability and finance can sound like a contradiction. Prior to joining Hydro in 2018 she has held positions as Director in Strategy in Telenor, as Investment Manager in Capman Buyout and as Corporate Finance Analyst in SEB and Danske Bank. Achieving near zero emissions throughout the full value chain also requires an energy shift toward an even higher renewable share of the smelter portfolio as well as use of renewable fuel like hydrogen, direct electricity or biogas in the casthouses and recyclers. All areas drive the need for more aluminium and more renewable energy, and we are ready to contribute. Secure and increase the performance of your investments with our team of experts at your side. No assurance can be given that such expectations will prove to have been correct. Using 100% complex post-consumer scrap, we will be able to produce a near zero carbon product at a competitive abatement cost. Hydro's first quarter 2023 The Hydro share Reports and presentations Our purpose is to create more viable societies by developing natural resources into products and solutions in innovative and efficient ways. Norsk Hydro : Third quarter 2021 - Records results, 2021 improvement 6 min read Norsk Hydro Hydro has signed an agreement with Glencore, who will acquire 30 percent of the Brazilian alumina refinery Hydro Alunorte and Hydro's 5. Its reportable segments are the business areas: Hydro Bauxite & Alumina, activities includes bauxite mining activities, production of alumina and related commercial activities, primarily the sale of alumina; Hydro Aluminium Metal includes primary aluminium production and casting activities; Hydro Metal Markets includes all sales activities relating to products from our primary metal plants and operational responsibility for stand-alone recyclers as well as physical and financial metal trading activities; Hydro Extrusions delivers products within extrusion profiles, building systems and precision tubing; Hydro Energy includes operating and commercial responsibility for Hydros power stations in Norway, a trading and wholesale business in Brazil. Norsk Hydro We kept the wheels turning during the pandemic and our organization has lifted profitability across all our business areas and delivered the full-year improvement program target ahead of time, says President and CEO Hilde Merete Aasheim. Create your Watchlist to save your favorite quotes on Nasdaq.com. Norsk Hydro : Q1 23 witnessed further normalisation; waiting for a better en.. Is it worth capitalising on the recent correction? Reduced costs and improved operational excellence within Hydros asset base remain a priority. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Norsk Hydro: Ex-dividend NOK 5.65 today TradingView News Changes in these assumptions may have a material impact on the backtested returns presented. By tracking each step along the way, we are able to document and be transparent about our sustainability practices. Norsk Hydro. Martine Rambl Hagen has been appointed Head of Investor Relations in Norsk Hydro ASA effective May 1, 2023. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Martine Rambl Hagen has been appointed Head of Investor Relations in Norsk Hydro ASA effective May 1, 2023. All quotes delayed a minimum of 15 minutes. This shows that when the market starts to pull for greener products, the decarbonization challenge turns into commercial opportunities and incentivizes us to invest in innovative solutions to reduce our carbon footprint further, says Aasheim. Most investors dont have major gainers like TSLA or NVDA on their radar from the start. -, Eqva, Norsk Hydro Ink NOK15 Million Contract For Overhaul of Furnaces, Eqva Asa : BKS secures a new contract for Norsk Hydro at Husnes, Goldman Sachs Group, Inc. Disclosure in NORSK HYDRO ASA. She will report to Executive Vice President and CFO, Pl Kildemo. Our ambition is lifting profitability and driving sustainability, creating value for all stakeholders. A learning culture of challenges, responsibilities and variety. She will be responsible for Hydros contact with investors and financial markets. See here for a complete list of exchanges and delays. She holds a masters degree in Industrial Economics and Technology Management from the Norwegian University of Science and Technology. Since we launched our low-carbon products Hydro CIRCAL and Hydro REDUXA, the market has embraced low-carbon aluminium, as it enables our customers to meet their abatement goals. She will report to Executive Vice President and CFO, Pl Kildemo. Sustainability contact Hydro AlertLine; Environmental or safety emergency; Data privacy; Ethics and compliance . Hydro was advised by Citi Group and Latham & Watkins. . Norsk Hydro, Saint-Gobain Subsidiaries Collaborate to Promote Sustainability in Facade-.. Line Haugetraa Hydro expects a strong taxonomy position relative to peers. Volumes from some of these projects are expected in 2022. With us, youre part of a bigger story. The shares in Norsk Hydro ASA will be traded ex-dividend of NOK 5.65 as from today, May 11 . We are a leading aluminium and renewable energy company that has created business opportunities for more than a century by developing products, solutions and industries that address global needs and demands. We are a leading aluminium and renewable energy company that has created business opportunities for more than a century by developing products, solutions and industries that address global needs and demands. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Exclusive news, data and analytics for financial market professionals, Aluminium producer Norsk Hydro's Q1 core profit falls less than expected, Brazil's Vale set to sell its 40% stake in Mineracao Rio do Norte, Glencore to pay Norsk Hydro $700 million for Brazilian assets, Norsk Hydro to supply Porsche with low-carbon aluminium, Finland's Fortum begins battery material recovery from EV 'black mass', Column: Aluminium's fortunes tied to Yunnan weather forecast, Almost 25,000 Norwegian industry workers to go on strike. Plug will deliver 5MW containerized electrolyzer modules for first-ever use of industrial-scale green hydrogen in glass manufacturing, aluminum recycling, and steel manufacturing processes LATHAM, N.Y., May 22, 2023 (GLOBE NEWSWIRE) - Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, landed three five megawatt (MW . Credit Cards That Don't Require a Credit Check. . She joined Hydro in 2015 and has . She will be responsible for Hydros contact with investors and financial markets. Over the past year, Hydro has continued to execute on its strategy to grow in new energy areas that can decarbonize high-emitting industries, including renewable energy, batteries, and green hydrogen. We supply low-carbon aluminium to customers worldwide and offer renewable energy solutions to industries that want to power manufacturing in a greener way. She will be responsible for Hydro's contact with investors and financial markets. Terms of Service | Privacy Policy, Norsk Hydro: Martine Rambl Hagen new Head of Investor Relations in Hydro, Friday, March 24, 2023 11:30 AM | GlobeNewswire via QuoteMedia. Recycled aluminium production is expected to grow 5% annually until 2030 and become a larger share of total aluminium production. Hydro is launching a new climate ambition, confirming the target of cutting own carbon emissions by 30% by 2030 and setting new ambitions of becoming net zero in terms of Scope 1 and 2 carbon emissions by 2050 or earlier. The demand for aluminium semis outside China is estimated to rise 4% annually until 2030, with similar overall growth rates in key sectors like automotive and building and construction. Hydros adjusted EBITDA for the first quarter of 2023 was NOK 7,525 million, down from NOK 11,165 million for the same quarter last year. Investor contact: Line Haugetraa +47 41406376 Line.Haugetraa@hydro.com, This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act, Tired of arriving late to the Big Returns Party?. Martine Rambl Hagen has been appointed Head of Investor Relations in Norsk Hydro ASA effective May 1, 2023. 1910: What became of Professor Birkeland? Our aluminium can help you meet your goals, too. A story shaped by you. Copyright 2023. In addition, strong results have contributed to greater cash generation in 2021. Hydro has long been recognized as a leader in sustainability, and the new sustainability ambitions launched at the Capital Markets Day will be a key driver for Hydros competitive positioning going forward. Rambl Hagen comes from the role of Investor Relations Manager, a position she has held since September last year. Copyright 2023 Surperformance. 2023, Nasdaq, Inc. All Rights Reserved. Investors Share price NHY NOK Hydro's Q1 2023 results Hydro's adjusted EBITDA for the first quarter of 2023 was NOK 7,525 million, down from NOK 11,165 million for the same quarter last year. NHY.OL - | Stock Price & Latest News The Goldman Sachs Group, Inc. Disclosure in Norsk Hydro ASA, NORSK HYDRO ASA : Ex-dividend day for final dividend, Norsk Hydro : A unique European sustainability proxy. Investor contact Stian Hasle +47 97736022 Stian.Hasle@hydro.com. She will be responsible for Hydros contact with investors and financial markets. Norsk Hydro: Hydro and Glencore to become partners to further develop Hydros 2025 strategy aims to strengthen Hydros position in low-carbon aluminium and explore growth opportunities in new energy. Head of Investor Relations +47 41406376 Line.haugetraa@hydro.com She joined Hydro in 2015 and has held several positions in Aluminium Metal as Head of Performance and Controlling, and as a controller and analyst within Finance and Technology. To tackle our global challenges, the world needs to produce and consume in new ways. . Hydro Havrand leverages Hydros 4GW potential offtake and energy expertise as a springboard to mature its portfolio and capture global opportunities. In light of Hydros robust balance sheet and strong financials, the Board of Directors aims to propose to distribute 70-80% of 2021adjusted net income to its shareholders, as a combination of ordinary dividends and either extraordinary dividends, or a combination of extraordinary dividends and share buybacks. In addition, Hydro has increased its commercial improvement ambition from NOK 1.5 billion to NOK 2.5 billion by 2025. Martine Rambl Hagen has been appointed Head of Investor Relations in Norsk Hydro ASA effective May 1, 2023. Hydro continues to develop profitable projects and partnerships in these areas. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Hydro will continue to ensure efficient levels of working capital. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Norsk Hydro: Line Haugetraa new Head of Investor Relations Disciplined capital allocation remains a key financial focus to support execution of the 2025 strategy. Norsk Hydro: Robust results, executing on strategy | Nasdaq Our initial analyses, based on half-yearly 2021 figures, indicate an eligible share of revenue of 40-50%, with aligned share between 22 and 27%, and for CAPEX we estimate an eligible share of around 50% with an aligned range between 30 and 35%, increasing to 40-50% in the 2022-2025 period, says Kildemo. This information is provided for illustrative purposes only. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Rambl Hagen succeeds Line Haugetraa, who will take on a position as M&A Director, heading Group Mergers and Acquisitions at DNV. These symbols will be available throughout the site during your session. We have lifted profitability across all our business areas and improved our returns, resulting in a RoaCE of about 13% over the last year. Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes. Investor contact: Line Haugetraa +47 41406376 Line.Haugetraa@hydro.com, This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act, Comment choisir le format de VUS idal pour vous. Within environment, the ambitions include protecting biodiversity and reducing the environmental footprint. Hydro has increased its current improvement program by NOK 1.1 billion to a new 2025 improvement target of NOK 8.5 billion. She will be responsible for Hydro's contact with investors and financial. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Investors. Norsk Hydro: Martine Rambl Hagen new Head of Investor Relations in Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. She holds a masters degree in Industrial Economics and Technology Management from the Norwegian University of Science and Technology. All rights reserved. She will report to Executive Vice President and CFO, Pl Kildemo. The 2025 target includes around NOK 5.7 billion which has been delivered through Q3 2021. A friendly work environment of knowledgeable professionals. | Source: Martine Rambl Hagen has been appointed Head of Investor Relations in Norsk Hydro ASA effective May 1, 2023.
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