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Norsk Hydro: Weaker Market Conditions Do Not Change Co's Long-Term Outlook



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May 13 (Reuters) -Norsk Hydro ASA NHY.OL:

  • NORSK HYDRO: NEW HYDRO CEO ACCELERATING GROWTH, VALUE CREATION AND SUSTAINABILITY TO CHANGE THE GAME FOR ALUMINIUM

  • CURRENT WEAKER MARKET CONDITIONS DO NOT CHANGE HYDRO'S LONG-TERM OUTLOOK FOR AN OVERALL INCREASED ALUMINIUM DEMAND

  • TOWARDS 2030 DEMAND FOR LOW-CARBON ALUMINIUM IS EXPECTED TO INCREASE FASTER THAN OVERALL DEMAND GROWTH

  • NEW CEO: CO WILL NOT BE ABLE TO INVEST IN GROWTH, VALUE CREATION UNLESS WE CONTINUOUSLY STRENGTHEN OUR COST-POSITION AND PROFITABILITY

Source text for Eikon: ID:nObiX9jxFa

Further company coverage: NHY.OL


(Gdansk Newsroom)

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