Investor Presentaiton
Metal Markets earnings drivers
•
Recyclers
Hydro
Adjusted EBITDA excluding currency effects and inventory valuation effect,
NOK million 1)
•
Revenue impact - volume and product premiums
above LME
800
Cost impact
700
•
Scrap and standard ingot premiums above LME
•
Raw material mix
600
•
Freight cost - proximity to market
500
•
Energy consumption and prices
400
•
Other main businesses
300
•
Physical ingot and LME trading
200
Third-party casthouse products
100
•
Results influenced by currency fluctuations and inventory
valuation effects
0
-100
-200
•
Adjusted EBITDA at around 200-300 MNOK per quarter
www.m.
...
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
2014
2015
2016
2017
2018
2019
2020
2021
2022
1) Amounts are as disclosed for the individual years reflecting the accounting policies applied for those years and Hydro's definition of APMs applied for the relevant years.
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