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    NHY   NO0005052605

NORSK HYDRO ASA

(NHY)
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Norsk Hydro : Q2 tops forecast amid rising aluminium demand

07/23/2021 | 01:08am EDT

OSLO, July 23 (Reuters) - Norwegian aluminium maker Norsk Hydro posted second-quarter core profits on Friday that beat expectations, saying the global economic recovery supported increased demand for the metal.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for April to June more than doubled year-on-year to 6.6 billion Norwegian crowns ($745.70 million), beyond the average of 6.09 billion expected in a poll of analysts. ($1=8.8507 Norwegian crowns) (Reporting by Nora Buli; Editing by Clarence Fernandez)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
NORSK HYDRO ASA -1.22% 64.9 Real-time Quote.62.82%
S&P GSCI ALUMINUM INDEX -0.52% 185.37 Delayed Quote.48.39%
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Analyst Recommendations on NORSK HYDRO ASA
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Financials
Sales 2021 140 B 16 281 M 16 281 M
Net income 2021 10 641 M 1 240 M 1 240 M
Net Debt 2021 2 850 M 332 M 332 M
P/E ratio 2021 12,1x
Yield 2021 3,85%
Capitalization 133 B 15 457 M 15 509 M
EV / Sales 2021 0,97x
EV / Sales 2022 0,86x
Nbr of Employees 34 000
Free-Float 64,7%
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Technical analysis trends NORSK HYDRO ASA
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 64,90 NOK
Average target price 71,44 NOK
Spread / Average Target 10,1%
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Managers and Directors
Hilde Merete Aasheim President & Chief Executive Officer
Pňl Kildemo Chief Financial Officer & Executive Vice President
Dag Mejdell Chairman
Jo de Vliegher Chief Information Officer
Anne-Lene Midseim Executive Vice President-Legal & Compliance
Sector and Competitors