OSLO, Feb 7 (Reuters) - Aluminium producer Norsk Hydro reported a a lot smaller than anticipat
OSLO, Feb 7 (Reuters) – Aluminium producer Norsk Hydro
reported a a lot smaller than anticipated rise in
fourth-quarter earnings on Friday and mentioned its outcomes had been
weighed down by low metals costs.
Underlying October-December earnings earlier than curiosity and tax
rose to 560 million Norwegian crowns ($60.69 million) from 534
million crowns a yr earlier, lagging the typical estimate of
1.02 billion crowns in a ballot equipped by Hydro.
It maintained an annual dividend of 1.25 crowns per share,
whereas analysts on common had anticipated a decline to 1.20 crowns.
($1 = 9.2269 Norwegian crowns)
(Reporting by Victoria Klesty and Terje Solsvik; Enhancing by
Muralikumar Anantharaman)
(([email protected]; +47 2331 6592; Reuters
Messaging: [email protected]))
Key phrases: NORSK HYDRO RESULTS/ (URGENT)
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