Norsk Hydro rides aluminium price, divisions underperform
Overall profit growth at Norsk Hydro was overshadowed on Tuesday by below-forecast performances from several businesses including rolled products, knocking the aluminium producer’s shares.
Norsk Hydro’s stock was down 3.04% at 12:01 GMT, lagging an Oslo benchmark index, and CEO Svein Richard Brandtzaeg highlighted the division’s difficulties.