Norsk Hydro ASA (OSTO:NHYo)
kr 68 -0.46 (-0.67%) Market Cap: 135.58 Bil Enterprise Value: 149.29 Bil PE Ratio: 296.96 PB Ratio: 1.37 GF Score: 89/100
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Q4 2019 Norsk Hydro ASA Earnings Call (Afternoon) Transcript

Feb 07, 2020 / 01:00PM GMT
Release Date Price: kr27.08 (-13.90%)
Operator

Good day, ladies and gentlemen, and welcome to the Norsk Hydro Q4 presentation. For your information, today's call will be recorded.

At this time, I would like to turn the conference over to Stian Hasle. Please go ahead, sir.

Stian Hasle
Norsk Hydro ASA - Head of IR

Thank you, and good afternoon, and welcome to this update on the Norsk Hydro's Fourth Quarter Results. We will start with a brief introduction by CFO, Pal Kildemo, followed by a Q&A session.

With that, I'll leave the word to you, Pal.

Pal Kildemo
Norsk Hydro ASA - CFO

Good afternoon, everyone. I assume most of you have followed our results presentation in the morning already during the day, but let me first briefly address some of the key highlights for the fourth quarter of 2019.

Challenging markets weigh on the results with lower prices, both for aluminum as well as alumina and lower volumes. Our underlying EBIT of NOK 560 million for the quarter is in line with Q4 2018, and we see an EBIT of NOK 3.4 billion for the

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