FilingReader Intelligence
Hydro posts strong Q2 results, cuts capex amid uncertainty
July 22, 2025 at 05:10 AM UTC•By FilingReader AI
Norsk Hydro's adjusted EBITDA jumped to NOK 7.8bn in Q2 2025 from NOK 5.8bn a year earlier, with the company generating NOK 5bn in free cash flow.
The Norwegian aluminium producer cut its 2025 capital expenditure target by NOK 1.5bn to NOK 13.5bn and implemented a hiring freeze for white-collar workers.
Hydro secured EUR 90m compensation from a terminated Swedish wind power agreement and recorded NOK 400m impairments in Brazilian energy assets due to regulatory uncertainty.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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OSL:NHY•Oslo Stock Exchange
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