14.02.202406:29:00UTC+00Hydro Q4 Adj. EBITDA Declines - Quick Facts

Hydro experienced a considerable loss in the fourth quarter from ongoing operations, totaling 2.8 billion Norwegian Kroner, compared to a profit of 158 million Norwegian Kroner in the previous year. The loss per share from ongoing operations was 1.26 Kroner, in stark contrast to a profit of 0.12 Kroner recorded in the previous year. Hydro's adjusted EBITDA stood at 3.7 billion Norwegian Kroner, a considerable drop from 7.2 billion Norwegian Kroner last year. The adjusted profit per share from ongoing operations was down to 0.50 Kroner, nearly half of the 0.99 Kroner reported previously.

In contrast, the fourth quarter's total revenue and income experienced an increase, reaching 48.07 billion Norwegian Kroner from the previous year's 45.26 billion Norwegian Kroner.