Norsk Hydro ASA reported adjusted EBITDA of NOK 5.59 billion for the fourth quarter (Q4) of 2025, representing a 27% decrease primarily due to lower realized alumina prices and a stronger NOK, partially offset by higher primary and alumina volumes and lower raw material costs. Free cash flow for the quarter was NOK 4.6 billion, while the twelve-month adjusted return on average capital employed (RoaCE) ended at 10.2 percent. Alunorte alumina production exceeded nameplate capacity, and aluminium smelter production increased by 2.5 percent year on year. The company secured long-term power supply for its Norwegian smelter system through two new agreements and invested in power plant infrastructure. Norsk Hydro ASA also completed a strategic workforce reduction and continued restructuring efforts in its Extrusion Europe segment. Adjusted net debt decreased to NOK 18.2 billion, driven mainly by a NOK 3.9 billion reduction in net debt, partially offset by a NOK 1.0 billion increase in adjustments related to hedging collateral and other liabilities. The Board of Directors proposed a cash dividend of NOK 3.0 per share, representing 60 percent of the 2025 adjusted net income, for a total proposed shareholder distribution of NOK 5.9 billion, subject to approval at the Annual General Meeting on May 7, 2026. Hydro emphasized its continued focus on operational excellence, cost competitiveness, and access to renewable energy, highlighted by new long-term power sourcing agreements covering 5.25 TWh for 2031–2040 to support low-carbon aluminium production in Norway.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norsk Hydro ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001164557-en) on February 13, 2026, and is solely responsible for the information contained therein.