Norsk Hydro ASA - Company Profile
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Norsk Hydro ASA (Hydro) is a leading aluminium and renewable energy company. The company operates across the aluminium value chain, including energy production, bauxite mining, alumina refining, and aluminium recycling. Hydro's major products include extrusion ingots, sheet ingots, foundry alloys, and high-purity aluminium. The company operates under brands such as Wicona, Technal, and Sapa, which provide aluminium systems for architectural applications. It serves a diverse range of industries such as automotive, building and construction, marine, transportation, and electronics. Its target markets include Europe, the Americas, and Asia. Hydro is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Drammensveien 264, Oslo, 0283
Website
www.hydro.com
Telephone
47 2 2538100
No of Employees
31,618
Industry
Metals and Mining
Ticker Symbol & Exchange
NHY (OSL)
Revenue (2024)
$20.0B
2.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
16%
(2024 vs 2023)
Market Cap*
$20.1B
Net Profit Margin (2024)
XYZ
13.7%
(2024 vs 2023)
* As of and is in US$
Norsk Hydro ASA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Bauxite | Wicona |
| Alumina | Technal |
| Casthouse | Sapa |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In August, Hydro Energi and Statkraft signed a power purchase agreement for 876 GWh annually from 2031 to 2040, totaling 8.8 TWh. |
| 2026 | Contracts/Agreements | In August, the company signed a temporary agreement with CELBA for terminal access. |
| 2026 | Contracts/Agreements | In July, Hydro Energy and Eviny Fornybar entered into a long-term power purchase agreement to deliver 0.5 TWh of renewable power in the period from 2031 to 2040. |
Competitor Comparison
| Key Parameters | Norsk Hydro ASA | Aluminum Corporation of China Ltd | Alcoa Corp | Shandong Nanshan Aluminium Co Ltd | Kaiser Aluminum Corp |
|---|---|---|---|---|---|
| Headquarters | Norway | China | United States of America | China | United States of America |
| City | Oslo | Beijing | Pittsburgh | Yantai | Franklin |
| State/Province | Oslo | Beijing | Pennsylvania | Shandong | Tennessee |
| No. of Employees | 31,618 | 60,814 | 14,900 | 16,180 | 3,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rune Bjerke | Chairman | Executive Board | 2024 | 66 |
| Kristin Fejerskov Kragseth | Deputy Chairperson | Executive Board | 2024 | 59 |
| Eivind Kallevik | Chief Executive Officer; President | Senior Management | 2024 | 59 |
| Trond Olaf Christophersen | Chief Financial Officer; Executive Vice President | Senior Management | 2024 | 54 |
| Jane Toogood | Director | Non Executive Board | 2024 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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