AT A GLANCE: Hydro's Q4 earnings climb on recovery in key aluminium end-user sectors

February 13, 2021 / www.metalbulletin.com / Article Link

A summary of aluminium producer Hydro's fourth quarter 2020 results.

Summary:

Hydro's underlying Earnings before interest and taxes (Ebit) for the fourth quarter of 2020 was 1,449 million Norwegian krone ($170 million) up from 560 million Norwegian krone in the same quarter last year.The company said improved downstream margins and volumes, along with lower upstream raw materials costs had contributed positively to the result.But these were partly...

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