Norsk Hydro Company profile
About Norsk Hydro ASA
Norsk Hydro ASA (Hydro) is an integrated aluminum company with operations in various activities along the aluminum industry's value chain. The Company operates through six segments: Bauxite & Alumina, which includes bauxite mining activities, production of alumina and related commercial activities, primarily the sale of alumina; Primary Metal, which includes primary aluminum production and casting activities; Metal Markets, which include sales activities relating to products from the its primary metal plants and operational responsibility for Hydro's stand-alone remelters, as well as physical and financial metal trading activities; Rolled Products, which include Hydro's rolling mills; Energy, which includes energy sourcing for Hydro's aluminum operations around the world, and Other and eliminations, which consists of its captive insurance company Industriforsikring, its industry parks, internal service providers, operation of Sapa and other activities.
Financial summary
BRIEF: For the nine months ended 30 September 2021, Norsk Hydro ASA revenues increased 22% to NOK103.22B. Net income applicable to common stockholders excluding extraordinary items totaled NOK5.03B vs. loss of NOK2.9B. Revenues reflect Extruded Solutions segment increase of 28% to NOK51.38B, Metal Markets segment increase of 32% to NOK37.17B. Net Income reflects Net foreign exchange gain (loss) increase from NOK5.15B (expense) to NOK581M
Equity composition
05/2006, 5-for-1 stock split. 06/2010, Rights Issue, 7 new shares for every 23 shares held @ NOK 26.30 (Factor: 1.08549)
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