Subscriber Agreement & Terms of Use, All rights reserved. Hydro has also played an important part in the local community in Brazil during the Covid-19 pandemic this year. The Bauxite & Alumina segment include bauxite mining activities, sourcing arrangements, and alumina commercial operations. Now, we’re raising the bar, setting a new ambitious improvement target for 2025, combined with a clear strategy to make Hydro a profitable and sustainable industry leader,” says President and CEO Hilde Merete Aasheim.Delivering on the improvement agenda Hydro has during 2020 focused on keeping the wheels turning, maintaining a healthy and safe work environment. Summary; Investing in stocks, such as Norsk Hydro, is an excellent way to grow wealth. NHY | Complete Norsk Hydro ASA stock news by MarketWatch. ET by Tomi Kilgore. Diversifying into strategic growth areasThe second pillar of the 2025 strategy diversifies and expands Hydro’s portfolio into new areas: recycling, renewables, and batteries. View real-time stock prices and stock quotes for a full financial overview. The company was founded on December 2, 1905 and is headquartered in Oslo, Norway. Once conditions stabilized, Hydro paid its 2019 dividend of NOK 1.25 per share, in line with Hydro’s dividend policy.Stringent capital allocation remains a key financial focus, to support execution of the 2025 strategy. Farben owned stock in Norsk Hydro, which then produced less than 11 litres (3 US gal) of heavy water per month, and the company was approached to … For long-term investors, stocks are a good investment even during periods of the market volatility - a stock market downturn … Currency in NOK, Man Who Bought Netflix at $7.78 Says Buy This Now. The listed name for NHYDY is Norsk Hydro ASA Common Stock. Investing in stocks, such as Norsk Hydro, is an excellent way to grow wealth. Something went wrong while loading Watchlist. The improvement program, accompanied with a net operating capital release and reduction in CAPEX, have contributed to greater cash generation in 2020. Find the latest NORSK HYDRO ASA (NHY.OL) stock quote, history, news and other vital information to help you with your stock trading and investing. Historical and current end-of-day data provided by FACTSET. Subscribe to Premium to view Fair Value for NHY.OL, Hydro’s strategic direction toward 2025 will focus on two key areas: strengthening the company’s position in low-carbon aluminium and growing in recycling and new energy. Hydro’s overall climate ambition to reduce CO2 emissions by 30 percent by 2030 remains on track. Copyright © 2020 MarketWatch, Inc. All rights reserved. Intraday data delayed at least 15 minutes or per exchange requirements. Investor contact: Line Haugetraa +47 41406376 Line.Haugetraa@hydro.com Media contact: Halvor Molland +47 92979797 Halvor.Molland@hydro.comAttachment * Norsk Hydro - Capital Markets Day 2020. Visit a quote page and your recently viewed tickers will be displayed here. Intraday Data provided by FACTSET and subject to terms of use. Net sales break down by activity as follows: - production of aluminium products (58.9%): primarily sectioned aluminum, … Since then, NHYDY stock … Our current recycling portfolio is a solid foundation for further growth, and Extruded Solutions is shaping demand through innovative solutions in combination with a strong and diversified asset base,” says Aasheim.Hydro currently has a portfolio of 29 recyclers and an annual capacity of 2.6 million tonnes for recycled scrap. At the time, German industrial conglomerate I.G. Hydro reduced CAPEX in 2020, in response to Covid-19 to NOK 7 billion, managing to reduce NOK 2.5 billion in expected spend. Alcoa's stock jumps after Norsk Hydro closes refinery Oct. 3, 2018 at 9:18 a.m. The Rolled Products segment consists of rolling mills located in Europe. The company was founded on December 2, 1905 and is headquartered in Oslo, Norway. Cookie Notice. The company's operations span the full value chain for aluminum production, … Create a list of the investments you want to track. Renewable Growth targets investments in more than 1 GW.Hydro has also established a new Battery unit as part of Hydro Energy. Get Norsk Hydro ASA (NHY-NO:Oslo Stock Exchange) real-time stock quotes, news and financial information from CNBC. This browser is no longer supported at MarketWatch. These will be the key topics at Hydro’s Capital Markets Day 2020. Wall Street legend Whitney Tilson says there's a huge new tech trend coming – and he's giving away his top pick for free right here. About Hydro. Several of the global megatrends are supporting increased demand for aluminium. Log in to see them here or sign up to get started. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Stock Norsk Hydro A. NH. Hydro has already undertaken several successful investments in the battery value chain in recent years. The Metal Markets segment involves all sales and distribution activities relating to products from its primary metal plants and operational responsibility. Total semis demand is expected to grow by 32 million tonnes by 2030, at 3 percent annual growth rate, according to CRU.Reduced cost and improved operational excellence within Hydro’s asset base remain a priority. Norsk Hydro General Information Description. “We have generated cash, cut costs and delivered extensive operational improvements across the company, providing a solid foundation for our growth agenda. Find the latest NORSK HYDRO ASA (NHYKF) stock quote, history, news and other vital information to help you with your stock trading and investing. Financial priorities“Hydro remains committed to driving long-term value for our shareholders, and I am pleased with the cash generation over the past, challenging year. Coronavirus Mutation May Already Be in the U.S. Paychex Q2 EPS 75 cents vs. 72 cents a year ago, U.S. first-time unemployment claims dip to 803,000 in the week before Christmas, Europe stocks approach seven-month high on U.S., China optimism, European aluminum producers not hurt by Trump’s tariffs, pass costs to U.S. customers, Europe stocks pressured by retreat for Italy’s bank shares, Alcoa's stock jumps after Norsk Hydro closes refinery, European stocks end mostly lower as traders await Fed minutes, European stocks rally as Yellen stresses go-slow approach to rate hikes, European stocks post gain, with an assist from oil, European stocks log longest win streak since July, Norsk Hydro profit boosted by higher prices, Yara confirms merger talks with CF Industries, Why Ford’s weight-loss program is good for Alcoa, Brazil's Vale to pay $9.6 billion in taxes, Europe stocks drop with earnings in focus, Norsk Hydro: Vale raises $1.65 bln from stake sale, Europe stocks rebound after U.S. jobs data, London shares slide; Mulberry sinks luxury sector, Europe stocks rise after Chinese, U.S. data. Norsk Hydro ASA is one of the world's leading producers of aluminium and energy. For long-term investors, stocks are a good investment even during periods of the market volatility - a stock … EPS 73 cents; FactSet consensus 66 cents. Hydro’s improvement program remains on track to deliver its 2020 target of NOK 4.1 billion, with all business areas over delivering on their cost ambitions for the year. Hydro will continue to ensure efficient levels of working capital, following the reduced levels of inventories over the latter years.Hydro’s ambition to deliver at least 10% RoaCE over the cycle, with all business areas delivering RoaCE above their cost of capital, remains in place. The next step will be to electrify coal boilers at Alunorte. Have Watchlists? Alunorte is on track to deliver alumina volumes at around 90 percent of nameplate capacity in Q4 2020. ... Hydro Chief Financial Officer Pål Kildemo talks about how to combine the two, for the benefit of investors, companies and society. For the best MarketWatch.com experience, please update to a modern browser. Oslo Stock Market & Finance report, prediction for the future: You'll find the Norsk Hydro ASA share forecasts, stock quote and buy / sell signals below.According to present data Norsk Hydro … All quotes are in local exchange time. Discover new investment ideas by accessing unbiased, in-depth investment research, Oslo - Oslo Delayed Price. The three companies have signed a memorandum of understanding to develop the project, Scatec said in a statement, which did not give details of the cost. Dividend Summary. Looking forward, we have reconfirmed and stretched the roadmaps to satisfactory profitability for each of our business areas within the 2025 timeframe,” says CFO Pål Kildemo.During the Covid-19 downturn, Hydro prioritized its balance sheet and protecting the investment grade credit rating. Expected CAPEX for 2021-2025 is NOK 9 – 9.5 billion, which is NOK 0.5 billion lower than the long-term estimate provided one year ago, despite large reductions in 2020. NHYDY is listed on the OTCQX International Premier market tier. Stock analysis for Norsk Hydro ASA (NHY:Oslo) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The Extruded Products segment relates to extrusion based business, located mainly in Europe and the Americas, which is focused on delivering solutions to the building and construction, transportation, and engineered products industries. Hydro has updated its original improvement program and will extend it by two years with a new improvement target of NOK 8.5 billion. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. The strategic review of Rolled Products is progressing.A key driver of Hydro’s 2020 improvement has been the ramp-up and increased operational robustness of the Bauxite & Alumina operations in Brazil. The Primary Metal segment focuses on the production, remelting and casting activities of aluminum. News subscription. How has Norsk Hydro's share price performed over time and what events caused price changes? The 2025 ambition includes a doubling of Hydro’s current post-consumer scrap utilization, which could provide an EBITDA uplift of NOK 1 – 1.5 billion. The Energy segment manages captive hydropower production, external power sourcing arrangements to the aluminum business and identifying and developing energy solutions. A high-level overview of Norsk Hydro ASA (NHYDY) stock. Norsk Hydro is a vertically integrated, low-cost player in the aluminum space. Growing into these areas positions Hydro to take advantage of growth from key megatrends such as sustainability, electrification and urbanization. The major determining factor in this rating is whether the stock is trading close to its 52-week-high. ... Norsk Hydro - ADR Dividend policy Active Price as of: DEC 18, 06:15 AM EDT $4.64 +0.0 +0.0% NHYDY: OTC (Stock) Norsk Hydro … Get today's Norsk Hydro ASA ADR stock price and latest NHYDY news as well as Norsk Hydro ASA ADR real-time stock quotes, technical analysis, full financials and more. Norsk Hydro ASA () Stock Market info Recommendations: Buy or sell Norsk Hydro ASA stock? Our capabilities and unique low-carbon position are enablers for growth in these areas. Go to: Norsk Hydro ASA ... Stock exchange announcements. Hydro has signed intentional agreements to develop solar and wind power projects to deliver renewable energy at attractive cost. Investor contacts. EPS down 1%-4% vs. previous outlook down 6%-8%, ICE U.S. Dollar Index down 0.1% at 90.561, Japanese yen at 103.55, up 0.1% against the U.S. dollar, Euro changes hands at $1.2169, up 0.1%; British pound up 0.4%, changing hands at $1.3411, Paychex raises full-year revenue growth outlook to -3%-0% from -4% to -2%, Paychex Q2 revenue $983.7 mln vs. $990.7 mln a year ago; FactSet consensus $954.0 mln, Paychex Q2 adj. Strengthening position in low carbon aluminiumToward 2025, Hydro will strengthen its position in low-carbon aluminium. Company profile page for Norsk Hydro ASA including stock price, company news, press releases, executives, board members, and contact information The previous Norsk Hydro dividend was 125öre and it went ex 1 month ago and it was paid … Equinor, aluminium producer Norsk Hydro and renewables company Scatec plan to jointly build a 480 megawatt (MW) solar farm in Brazil, they said on Wednesday. There are currently no items in this Watchlist. Norsk Hydro ASA engages in producing and supplying alumina and primary aluminum. © 2020 Verizon Media. Privacy Notice, and These are market driven initiatives where Hydro will leverage its innovative solutions and customer collaboration. Norsk Hydro ASA is one of the world's leading producers of aluminium and energy. Stock quote and company snapshot for NORSK HYDRO ASA (NHYDY), including profile, stock chart, recent news and events, analyst opinions, and research reports. The next Norsk Hydro dividend is expected to go ex in 4 months and to be paid in 5 months. Over the past year, Hydro has seen increased demand for low-carbon brand products Hydro CIRCAL and Hydro REDUXA, and greater demand is expected also in 2021. The strategy toward 2025 includes additional investment with battery partners in attractive areas of the value chain, resulting in pro-rata EBITDA potential of NOK 600 million to 700 million from the invested companies. The 2025 target includes the NOK 4.1 billion achieved in 2019 and 2020.In addition, Hydro has set a commercial improvement ambition of NOK 2.0 billion coming from its current portfolio. The relative strength of a dividend stock indicates whether the stock is uptrending or not. Norsk Hydro ADR (NHYDY) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Latest Share Price and Events Stable Share Price : NHY is not significantly more volatile than the rest of … The commercial potential also comes from leveraging Hydro’s sustainable footprint to shape demand for Hydro’s greener product portfolio. Despite a challenging market, Hydro has aimed at positioning the company for the future. “Our Brazilian organization has made good progress in increasing the asset integrity and robustness, while maintaining focus on health and safety during the global pandemic,” says Aasheim. It operates through the following segments: Bauxite & Alumina; Primary Metal; Metal Markets; Rolled Products; Extruded Solutions; Energy; and Other Eliminations. U.S. personal incomes and consumer spending declined in November, Durable goods orders rise 0.9% in November, Paychex now sees 2021 adj. A strategy has been established across the recycling value chain within Primary Metal, Rolled Products and Extruded Solutions.In renewables, Hydro has created a new unit – Renewable Growth – which will leverage Hydro’s industrial footprint and energy competence to take positions in renewable energy projects, primarily in the Nordics and Brazil. “We will grow in areas where our capabilities match the megatrends, first and foremost in recycling, renewable energy and batteries. At this year’s Capital Markets Day, Hydro will present its strategic direction toward 2025 and provide an update on the key profitability and sustainability targets announced in 2019. Scatec and Equinor are already collaborating on a number of solar projects in Brazil, with one 162 MW plant currently in operation, Scatec said in the statement. According to CRU, the demand for aluminium in the vehicle sector is expected to grow by 6.2 million tonnes by 2030 at a 5.2 percent annual growth rate. Norsk Hydro (NHYKF) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. By using this site you agree to the CRU expects the demand for aluminium can stock to grow by 3 million tonnes at 4.1 percent annual growth rate by 2030. In addition, Hydro has a long-term sustaining CAPEX ambition of NOK 6 – 6.5 billion annually. The 2025 strategy develops a roadmap to profitability for each business area which facilitates reaching this target. Read more. New tariffs to raise steel, aluminum prices Mar. Get the latest Norsk Hydro ASA NHYDY detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. View Norsk Hydro ASA NHYDY investment & stock information. NHY: Get the latest Norsk Hydro ASA stock price and detailed information including NHY news, historical charts and realtime prices. Norsk Hydro ASA's stock was trading at $2.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com). Hydro is committed to replace fuel oil with natural gas as energy source for the Alunorte refinery, which will contribute significantly to the climate reduction target. Net sales break down by activity as follows: - production of aluminium products (58.9%): primarily sectioned aluminum, … View the latest Norsk Hydro ASA (NHY) stock price, news, historical charts, analyst ratings and financial information from WSJ. By accessing unbiased, in-depth investment research, Oslo - Oslo Delayed.! $ 7.78 Says Buy this Now reduce NOK 2.5 billion in expected spend stock prices stock! Company for the future one of the investments you want to track for U.S. stock quotes a... 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