Underlying EBIT of NOK 1,407m (Arctic: NOK 289m, Cons.: NOK 179m)
NIBD reached NOK 9.9bn – we expected NOK 14.5bn
Expects global 2020 primary alu surplus of 3.6mt (4.7 in Q2/20)
Estimates to be raised, we stick to BUY
23 Oct 2020
Better than expected results, strong cash flow
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Better than expected results, strong cash flow
Norsk Hydro ASA (NHY:OSL) | 0 0 0.0%
- Published:
23 Oct 2020 -
Author:
Thomas Lorck | Axel Jacobsen -
Pages:
6
Underlying EBIT of NOK 1,407m (Arctic: NOK 289m, Cons.: NOK 179m)
NIBD reached NOK 9.9bn – we expected NOK 14.5bn
Expects global 2020 primary alu surplus of 3.6mt (4.7 in Q2/20)
Estimates to be raised, we stick to BUY