© Reuters. FILE PHOTO: Norsk Hydro logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
LONDON (Reuters) – Norsk Hydro (OTC:) expects 28.9 billion crowns ($2.96 billion) in earnings before interest, tax, depreciation and amortisation (EBITDA) in 2023, the Norwegian aluminium producer said on Thursday.
Chief Financial Officer Pal Kildemo also said at the firm’s Capital Markets Day that it had curtailed 100,000 tonnes of aluminium production and expects to suspend an additional 130,000 tonnes.
($1 = 9.7768 Norwegian crowns)
Be the first to comment