AT A GLANCE: Hydro Q3 earnings up; Al extruded solutions market makes fast recovery

October 24, 2020 / www.metalbulletin.com / Article Link

A summary of aluminium producer Hydro's third-quarter results.

In brief Underlying earnings before financial items and tax (EBIT) for the third quarter was at NOK 1,407 million compared with NOK 1,366 million in the same quarter last year, but up 3% from the second quarter. Hydro's net debt position decreased from NOK 13.2 billion to NOK 9.9 billion at the end of the quarter. Hydro held NOK 17.5 billion in cash and cash...

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