Earnings Call Summary | Norsk Hydro ASA Sponsored ADR(NHYDY.US) Q1 2024 Earnings Conference
Earnings Call Summary | Norsk Hydro ASA Sponsored ADR(NHYDY.US) Q1 2024 Earnings Conference
The following is a summary of the Norsk Hydro ASA (NHYDY) Q1 2024 Earnings Call Transcript:
以下是挪威水電公司（NHYDY）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Norsk Hydro reported an EBITDA of NOK 5.4 billion for Q1 2024.
Revenue decreased by 2% to NOK 47.5 million from Q4.
Net income was positive at NOK 430 million, down from NOK 1.1 billion in the same quarter last year.
Adjusted net income was NOK 1.5 billion and adjusted earnings per share stood at NOK 0.9.
Hydro Extrusion sales volumes declined by 11% in Q1 year-over-year.
Adjusted EBITDA for Bauxite & Alumina increased from NOK 437 million Q1 '23 to NOK 804 million in Q1 '24.
Adjusted EBITDA for Energy for Q1 increased to NOK 1.15 million compared to NOK 680 million Q1 '23.
Net debt increased by NOK 5.7 billion since Q4, with positive contribution of NOK 5.4 billion in adjusted EBITDA.
The company experienced financial pressure due to weak aluminum market and squeezed recycling margins.
挪威水電公司報告稱，2024年第一季度的息稅折舊攤銷前利潤爲54億挪威克朗。
收入比第四季度下降了2％，至4,750萬挪威克朗。
淨收入爲正數，爲4.3億挪威克朗，低於去年同期的11億挪威克朗。
調整後的淨收入爲15億挪威克朗，調整後的每股收益爲0.9挪威克朗。
第一季度水力擠出成型的銷量同比下降了11％。
調整後的鋁土礦和氧化鋁息稅折舊攤銷前利潤從23年第一季度的4.37億挪威克朗增加到24年第一季度的8.04億挪威克朗。
第一季度調整後的能源息稅折舊攤銷前利潤從23年第一季度的6.8億挪威克朗增至115萬挪威克朗。
自第四季度以來，淨負債增加了57億挪威克朗，調整後的息稅折舊攤銷前利潤爲54億挪威克朗。
由於鋁市場疲軟和回收利潤率的擠壓，該公司面臨財務壓力。
Business Progress:
業務進展：
The company has increased its capacity to use more post-consumer scrap and secured more scrap.
Commercial operations have been started at solar parks in Brazil in a stride towards decarbonization.
Agreed on a long-term model for the CO2 compensation scheme with the Norwegian government.
Recovery is expected in the Building & Construction market from the second half of 2024.
The company has signed new long-term offtake contracts with automotive customers and is processing more contracts worth between EUR 0.9 billion to EUR 1 billion.
It aims to achieve NOK 2 billion by 2030 through transforming its Hydro REDUXA portfolio and increasing its Hydro CIRCAL offerings.
A strategic partnership with NKT was initiated to develop low-carbon aluminum power cable value chain.
Demand for the company's low-carbon and recycled aluminum, REDUXA, and CIRCAL is increasing in the market.
CEO, Hilde Merete Aasheim, announced her leaving and replacement by Eivind Kallevik on May 13.
The company is committed to delivering on its growth ambitions for recycling and extrusions, advancing renewable energy portfolio and decarbonization, and technology roadmaps.
該公司提高了使用更多消費後廢料的能力，並確保了更多的廢品。
巴西的太陽能園區已開始商業運營，朝着脫碳邁進。
與挪威政府商定了二氧化碳補償計劃的長期模式。
預計建築與施工市場將從2024年下半年開始復甦。
該公司已與汽車客戶簽署了新的長期承購合同，並正在處理更多價值在9億至10億歐元之間的合同。
它的目標是通過轉變其Hydro REDUXA產品組合和增加其Hydro CIRCAL產品組合，到2030年實現20億挪威克朗。
啓動了與NKT的戰略合作伙伴關係，以開發低碳鋁製電力電纜價值鏈。
市場上對該公司的低碳和再生鋁、REDUXA和CIRCAL的需求正在增加。
首席執行官希爾德·梅雷特·阿斯海姆於5月13日宣佈離職，由艾文德·卡勒維克接替。
該公司致力於實現其在回收和擠壓方面的增長目標，推進可再生能源產品組合和脫碳以及技術路線圖。
More details: Norsk Hydro ASA Sponsored ADR IR
更多詳情： 挪威水電 ASA 贊助的 ADR IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。