Investor Presentaiton
Operational data
Hydro
Hydro Metal Markets
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022 Year 2020 Year 2021 Year 2022
Remelt production (1 000 mt)
137
88
124
140
143
154
132
144
151
158
124
115
488
572
548
Third-party sales (1 000 mt)
79
85
85
77
77
78
72
85
72
74
76
81
326
311
304
Hydro Metal Markets sales excl. ingot trading (1 000 mt) 1)
675
606
668
672
742
735
675
681
731
710
635
614
2 621
2 833
2 691
Hereof external sales excl. ingot trading (1 000 mt)
External revenue (NOK million)
554
459
526
549
588
607
573
574
610
607
536
530
2 088
2 342
2 284
10 353
8 510
9 242
9 788
10 789
12 552
13 831
16 993
18 472
24 420
18 796
15 132
37 893
54 165
76 821
Hydro Extrusions
Hydro Extrusions external shipments (1 000 mt)
Hydro Extrusions - Pro-forma adjusted EBIT per mt, NOK
Adjusted EBITDA margin 2)
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022 Year 2020 Year 2021 Year 2022
305
224
278
291
338
342
315
301
347
338
301
265
1 099
1 296
2 301
398
3 214
1 755
3 680
3 706
2 629
8.2%
5.6%
10.6%
7.2%
10.7%
10.5%
8.1%
(404)
3.6%
4 568
4 740
2 123
636
1 999
9.9%
9.4%
6.1%
4.7%
8.0%
2 482
8.1%
1 251
3 194
7.7%
Hydro Energy
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022 Year 2020 Year 2021 Year 2022
Power production, GWh
2 868
2 097
3 161
3 396
2 857
2 374
1 688
2 136
2 730
1 602
1 330
2002
11 522
9 055
7 664
Net spot sales, GWh
1 169
444
1 401
1 595
1 126
334
(401)
305
986
(433)
(703)
511
4 609
1 364
361
Nordic spot electricity price, NOK/MWh
158
62
95
148
435
423
704
969
1 090
1 211
1 757
1 414
116
634
1 370
Southern Norway spot electricity price (NO2), NOK/MWh
154
50
52
137
469
493
807
1 271
1 504
1 752
3 519
1 719
98
762
2 128
Adjusted EBITDA margin 2)
23.9%
8.5%
13.0%
22.2%
35.9%
34.4%
22.0%
49.5%
52.5%
33.6%
11.2%
50.8%
17.9%
37.3%
39.0%
1) Includes external and internal sales from primary casthouse operations, remelters and third party Metal sources
2) Adjusted EBITDA divided by total revenues
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