Norsk Hydro's Q3 adjusted EBITDA jumps 52% to NOK 9.1 billion
Norsk Hydro reported Q3 adjusted EBITDA of NOK 9.1 billion, up 52% year on year. Its Slovak unit Slovalco restarted aluminium output and targets 75,000 tonnes a year.
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what happened
According to TradingView, Norsk Hydro's adjusted EBITDA for the third quarter reached NOK 9.1 billion, 52% higher than a year earlier. The main support came from record output at its Norwegian smelters and higher prices for metal and alumina. Rising energy and gas costs, however, offset part of the gain.
Free cash flow for the quarter was NOK 1.4 billion. Separately, its Slovak unit Slovalco restarted primary aluminium production in late August and aims to reach annual capacity of 75,000 tonnes by the end of February 2027.
why it matters
For the aluminium market, two points stand out: high metal prices let producers earn solid margins despite expensive energy, and the restart in Slovakia adds supply. For investors in metals and energy-intensive industries, the results show how power and gas costs shape profitability across the sector.
market impact
Aluminium and metal producers: high prices and record output support margins, while higher gas costs pressure them
tags
instruments
sources
- Key facts: Norsk Hydro ASA Q3 EBITDA NOK 9.1B; Slovalco targets 75,000t — TradingView, 24 October 2026 at 07:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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