Despite (aluminium) prices remaining (much-)weaker in yoy terms, Norsk Hydro witnessed valuable operating improvements in Q3 – largely driven by Extruded Solutions. Also, varying sequential gains materialised in the mid-stream and downstream divisions.
While the aluminium market recovery is still in its early days – with immediate-term bottom-line weakness (due to FX headwinds) being unavoidable, Norsk’s value (chain) proposition remains intact. Add in the clean energy focus – especially post t ....
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Q3: Improvements are underway
Despite (aluminium) prices remaining (much-)weaker in yoy terms, Norsk Hydro witnessed valuable operating improvements in Q3 – largely driven by Extruded Solutions. Also, varying sequential gains materialised in the mid-stream and downstream divisions.
While the aluminium market recovery is still in its early days – with immediate-term bottom-line weakness (due to FX headwinds) being unavoidable, Norsk’s value (chain) proposition remains intact. Add in the clean energy focus – especially post t ....