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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Norsk Hydro ASA    NHY   NO0005052605

NORSK HYDRO ASA

(NHY)
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Norsk Hydro : Ornago employees lend hand to quake victims (Aug 29, 2012)

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08/29/2012 | 10:46am EDT

A terrible earthquake on May 20 in the beautiful Emilia region, which is located north of Bologna in the center of Italy, resulted in 26 deaths and devastated houses, factories, schools and the lives of thousands of frightened people. Later, when the fear and the dust fade, it's time for reconstruction and support.

The workers of the Hydro plant in Ornago, which also felt some of the effects of the earthquake, got together and decided to do something visible and concrete for the victims. Each employee donated food, clothes and money, and the company contributed as well.

Once the goods were gathered, a group of workers, together with friends and spouses, traveled down with trucks to personally deliver groceries and field tents to the affected population.

The employees organized everything, says managing director Luca Bertola, and they wanted to travel to the destroyed areas themselves to bring solidarity and to tell the people "we are here with you to share your sorrow and to help you to rebuild your trust in the future.

"It makes me extremely proud of my workers because they really showed what it means to support and help other unfortunate human beings. It was much more than simply transferring some money to a bank account, it was a gesture of real and warm sympathy toward other people, it was social responsibility in practice. Our workers walked the talk of two of Hydro's very important values, cooperation and respect."

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Financials
Sales 2020 137 B 15 196 M 15 196 M
Net income 2020 -1 928 M -213 M -213 M
Net Debt 2020 12 720 M 1 408 M 1 408 M
P/E ratio 2020 -30,4x
Yield 2020 4,61%
Capitalization 55 572 M 6 144 M 6 152 M
EV / Sales 2020 0,50x
EV / Sales 2021 0,47x
Nbr of Employees 35 000
Free-Float 64,7%
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Mean consensus HOLD
Number of Analysts 17
Average target price 29,10 NOK
Last Close Price 27,12 NOK
Spread / Highest target 72,2%
Spread / Average Target 7,30%
Spread / Lowest Target -26,3%
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Managers
NameTitle
Hilde Merete Aasheim President & Chief Executive Officer
Dag Mejdell Chairman
Pål Kildemo Chief Financial Officer & Executive Vice President
Jo de Vliegher Chief Information Officer
Sten Roar Martinsen Director
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