Company overview

Norsk Hydro (Hydro) is one of the largest integrated aluminum companies. The company is primarily engaged in the supply of value-added casthouse products, such as extrusion ingots, sheet ingots, wire rod, and foundry alloys. Hydro is a global aluminum supplier with primary metal production in Europe, Canada, and Australia; and a network of remelt facilities. It is headquartered in Oslo, Norway and employs about 22,700 people.

The company recorded total revenues and income of NOK88,593 million (approximately $15,939.7 million) in the financial year ended December 2008 (FY2008), a decrease of 8.1% compared with FY2007. The operating profit of the company was NOK1,194 million (approximately $214.8 million) in FY2008, a decrease of 86.8% compared with FY2007. The net loss was NOK3,925 million (approximately $706.2 million) in FY2008, compared with a net profit of NOK18,196 million (approximately $3,273.8 million) in FY2007.

Key facts

London ticker: NHY

Oslo ticker: NHY

No. employees: 22634

Turnover: 88,593,000,000 (NOK)

Financial year end: December

Summary

• Key facts
• Overview
• Business Description
• History
• Key Employees and Biographies
• Location and Subsidiaries
• Top Competitors
• Major Products and Services

SWOT Profiles

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