Investor Presentaiton
Revenue
Share of the profit (loss) in equity accounted investments
Other income, net
Total revenue and income
Raw material and energy expense
Employee benefit expense
Income statements
NOK million
Fourth quarter
2023
46 754
Fourth quarter
Third quarter
2022
2023
Year
2022
Hydro
Year
2023
46
44 075
131
44 702
207 929
193 619
171
1 337
1 272
1 051
348
4 406
492
4 152
48 072
45 256
45 220
213 672
198 263
29 633
28 857
30 501
129 373
123 538
6 673
5 931
6 238
22 886
25 931
Depreciation and amortization expense
2 539
2 270
2 327
8 593
9 394
Impairment of non-current assets
4 424
286
0
336
4 421
Other expenses
7 061
6 507
6 478
21 769
25 387
Earnings before financial items and tax (EBIT)
(2 256)
1 405
(323)
30 715
9 592
Interest and other finance income
257
268
377
619
1 302
Foreign currency exchange gain (loss)
152
356
538
2 192
(2 084)
Interest and other finance expense
Income (loss) before tax
Income taxes
Income (loss) from continuing operations
Income (loss) from discontinued operations
Net income (loss)
Net income (loss) attributable to non-controlling interests
Net income (loss) attributable to Hydro shareholders
Earnings per share from continuing operations
(668)
(353)
(537)
(1 161)
(2 264)
(2516)
1 676
55
32 365
6 546
(256)
(1519)
(680)
(7 984)
(3 742)
(2 771)
158
(625)
24 381
2 804
36
36
(2 771)
194
(625)
24 417
2 804
(235)
(93)
(267)
263
(778)
(2 537)
287
(358)
24 154
3 583
(1.26)
0.12
(0.18)
11.76
1.77
Earnings per share from discontinued operations
0.02
0.02
Earnings per share attributable to Hydro shareholders
(1.26)
0.14
(0.18)
11.78
1.77
NOK million
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Q1 2023
Q2 2023
Q3 2023
Q4 2024 Year 2021 Year 2022 Year 2023
Income (loss) from continuing operations
1 880
2 397
1 127
8 525
6 411
11 136
6 676
158
1 144
5 056
(625)
(2 771)
13 930
Net income (loss)
1 500
2 805
1 108
8 529
6411
11 136
6 676
194
1 144
5 056
(625)
(2 771)
13 942
24 381
24 417
2 804
2 804
Adjusted net income (loss) from continuing operations
2 448
3 150
3 498
5 810
6 785
7 731
6 258
2 371
3 326
3 410
345
754
14 905
23 145
7 835
Earnings per share from continuing operations
0.89
1.06
0.50
3.47
2.80
5.49
3.34
0.12
0.62
2.56
(0.18)
(1.26)
5.92
11.76
1.77
Earnings per share attributable to Hydro shareholders
0.70
1.26
0.49
3.47
2.80
5.49
3.34
0.14
0.62
2.56
(0.18)
(1.26)
5.93
11.78
1.77
8
Adjusted earnings per share from continuing operations
1.15
1.45
1.60
2.57
3.17
3.63
2.91
0.99
1.70
1.77
0.27
0.50
6.77
10.70
4.26View entire presentation