Elkem ASA reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was NOK 7,749 million compared to NOK 9,654 million a year ago. Revenue was NOK 7,961 million compared to NOK 9,755 million a year ago.

Net loss was NOK 439 million compared to net income of NOK 952 million a year ago. Basic loss per share from continuing operations was NOK 0.69 compared to basic earnings per share from continuing operations of NOK 1.5 a year ago. Diluted loss per share from continuing operations was NOK 0.69 compared to diluted earnings per share from continuing operations of NOK 1.49 a year ago.