Aluminium producer Norsk Hydro's Q1 core profit falls less than expected

Kitco Media
By Reuters
Published:
Updated:
Reuters
OSLO, April 28 (Reuters) - Norwegian aluminium producer Norsk Hydro posted a sharp fall in first-quarter core profit on Friday, as expected, in step with falling metals prices.


Adjusted earnings before interest, taxes, depreciation and amortisation fell to 7.5 billion crowns ($705.46 million) for January-March from 11.2 billion a year earlier, beating an average analyst forecast of 7.3 billion. ($1 = 10.6313 Norwegian crowns) (Reporting by Gwladys Fouche and Victoria Klesty, editing by Anna Ringstrom)

Messaging: victoria.klesty.thomsonreuters.com@reuters.net))
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