Business Segments Norsk Hydro ASA

Equities

NHY

NO0005052605

Aluminum

Market Closed - Oslo Bors Other stock markets 09:15:00 06/03/2026 pm IST			5-day change	1st Jan Change
90.60 ^NOK	+1.32%		+2.79%	+15.86%

06/03	DNB Carnegie Upgrades Norsk Hydro to Hold, Boosts PT	MT
06/03	ROI-Iran war exposes fragility of Western aluminium market: Andy Home	RE

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (NOK)

Fiscal Period: December	2021	2022	2023	2024	2025
Rolling, Drawing and Extruding of Aluminum
Hydro Metal Markets	6.51TCr	9.1TCr	8.13TCr	8.14TCr	8.6TCr
Total Assets	1.62TCr	1.56TCr	1.96TCr	2.26TCr	2.51TCr
CAPEX	-21Cr	-97Cr	-445.1Cr	-113.8Cr	-125.8Cr
EBITDA	87Cr	167.3Cr	153.3Cr	117.5Cr	36Cr
D&A	15Cr	16Cr	37Cr	70Cr	70Cr
Operating Income	72Cr	151.4Cr	84Cr	75Cr	-61Cr
Hydro Extrusions	7.03TCr	9.12TCr	8.26TCr	7.51TCr	7.84TCr
Total Assets	4.24TCr	4.5TCr	4.71TCr	5.09TCr	4.76TCr
CAPEX	-176.3Cr	-322.3Cr	-501.1Cr	-412.5Cr	-326.7Cr
EBITDA	555.8Cr	702Cr	648Cr	406.5Cr	347.9Cr
D&A	264.9Cr	329.7Cr	317.1Cr	332Cr	385.5Cr
Operating Income	321.7Cr	399.5Cr	320.6Cr	53Cr	-173.4Cr
Rolling	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Aluminum Production
Hydro Aluminium Metal	4.25TCr	6.55TCr	5.84TCr	5.55TCr	5.72TCr
Total Assets	5.23TCr	6.19TCr	5.89TCr	6.41TCr	6.16TCr
CAPEX	-347.9Cr	-338.7Cr	-441.3Cr	-540.1Cr	-503.8Cr
EBITDA	1.14TCr	2.3TCr	1.05TCr	966.8Cr	1.14TCr
D&A	315.8Cr	266.4Cr	335.3Cr	286.2Cr	319.8Cr
Operating Income	1.12TCr	2.05TCr	912.5Cr	696.3Cr	703.6Cr
Hydro Bauxite & Alumina	2.77TCr	3.4TCr	3.55TCr	5.42TCr	5.06TCr
Total Assets	3.17TCr	3.86TCr	4.19TCr	4.25TCr	3.8TCr
CAPEX	-233.8Cr	-379.9Cr	-834.5Cr	-432.2Cr	-351.4Cr
EBITDA	530.6Cr	312.2Cr	182.8Cr	1.08TCr	933.9Cr
D&A	201.8Cr	249.6Cr	661.4Cr	293.8Cr	306.9Cr
Operating Income	331.8Cr	63Cr	-522.2Cr	791.1Cr	613Cr
Hydroelectric Power Generation
Hydro Energy	1.01TCr	1.26TCr	1.16TCr	1.06TCr	1.26TCr
Total Assets	1.43TCr	1.58TCr	2.05TCr	1.94TCr	1.88TCr
CAPEX	-69Cr	-192Cr	-335.1Cr	-597.3Cr	-98Cr
EBITDA	392.1Cr	492.6Cr	314.6Cr	354Cr	415.2Cr
D&A	19Cr	19Cr	20Cr	23Cr	53Cr
Operating Income	359.6Cr	473.7Cr	240.6Cr	288.6Cr	361.7Cr
Claim Processors
Other and Eliminations	-6.61TCr	-8.63TCr	-7.58TCr	-7.32TCr	-7.68TCr
Total Assets	1.77TCr	2.18TCr	1.86TCr	789.7Cr	1.73TCr
CAPEX	-10Cr	-9.2Cr	-7.8Cr	-7.5Cr	-7.9Cr
EBITDA	-104.6Cr	-3.9Cr	-123.1Cr	-292.8Cr	15Cr
D&A	11Cr	12Cr	11Cr	12Cr	13Cr
Operating Income	-117.8Cr	1.1Cr	-76Cr	-255.6Cr	-3.6Cr

Geographical Revenue Distribution History

Geographical breakdown of sales (NOK)

Fiscal Period: December	2021	2022	2023	2024	2025
USA	3.42TCr	4.83TCr	4.41TCr	4.15TCr	4.64TCr
Total Assets	870.9Cr	1.06TCr	1.24TCr	1.43TCr	1.27TCr
CAPEX	-82Cr	-195.4Cr	-301.5Cr	-186.7Cr	-143.4Cr
Germany	1.39TCr	2.17TCr	2.1TCr	2.01TCr	1.98TCr
Total Assets	260.5Cr	287.6Cr	400.5Cr	394.9Cr	358.5Cr
CAPEX	-21Cr	-37Cr	-83Cr	-24Cr	-20Cr
Switzerland	550.8Cr	622Cr	846.1Cr	1.58TCr	1.43TCr
Total Assets	18Cr	16Cr	8.1Cr	16Cr	12Cr
CAPEX	-70L	-60L	-1.1Cr	-15Cr	-1Cr
Norway	27Cr	901Cr	736.3Cr	783.1Cr	1.22TCr
Total Assets	3.63TCr	3.49TCr	3.26TCr	4.16TCr	4.18TCr
CAPEX	-285.9Cr	-242.8Cr	-369.4Cr	-851.4Cr	-417.1Cr
Poland	551.3Cr	765.2Cr	731.6Cr	810.3Cr	882.1Cr
Total Assets	76Cr	79Cr	341.3Cr	354.1Cr	357.1Cr
CAPEX	-6.1Cr	-11Cr	-258.7Cr	-32Cr	-41Cr
Spain	767.5Cr	886.8Cr	778.7Cr	799.6Cr	813.7Cr
Total Assets	80Cr	87Cr	117.2Cr	129.7Cr	192.5Cr
CAPEX	-4.7Cr	-13Cr	-6.4Cr	-40Cr	-84Cr
France	763.5Cr	927.8Cr	904.2Cr	812.9Cr	811.7Cr
Total Assets	233.6Cr	224.8Cr	233.2Cr	247.1Cr	185.9Cr
CAPEX	-11Cr	-12Cr	-22Cr	-23Cr	-22Cr
Japan	516.8Cr	572.9Cr	595.5Cr	706.9Cr	749.5Cr
Total Assets	80L	50L	40L	20L	20L
CAPEX	-10L	-	-	-	-10L
Brazil	878.4Cr	962.1Cr	1.04TCr	976.8Cr	691Cr
Total Assets	2.53TCr	3.28TCr	4.1TCr	3.58TCr	3.54TCr
CAPEX	-336Cr	-602.1Cr	-1.14TCr	-654.3Cr	-510.4Cr
Italy	558.8Cr	798.3Cr	597.2Cr	614.7Cr	625.5Cr
Total Assets	53Cr	57Cr	63Cr	69Cr	78Cr
CAPEX	-4.7Cr	-7Cr	-12Cr	-11Cr	-14Cr
China & Hong Kong	-	-	-	-	549.4Cr
Total Assets	-	-	-	-	89Cr
CAPEX	-	-	-	-	-12Cr
United Kingdom	484.5Cr	828.3Cr	506.3Cr	646.7Cr	488.2Cr
Total Assets	138.3Cr	116.2Cr	93Cr	97Cr	63Cr
CAPEX	-4.3Cr	-12Cr	-13Cr	-6.2Cr	-9.4Cr
Canada	282Cr	652.4Cr	694.3Cr	832.4Cr	480.6Cr
Total Assets	196.5Cr	217.2Cr	223.7Cr	290.8Cr	267.3Cr
CAPEX	-21Cr	-31Cr	-41Cr	-55Cr	-36Cr
Other EU	195.4Cr	267.2Cr	295.2Cr	238.3Cr	451.6Cr
Total Assets	22Cr	23Cr	24Cr	18Cr	55Cr
CAPEX	-3.8Cr	-3Cr	-3.4Cr	-2.8Cr	-8.3Cr
Sweden	314.3Cr	357.5Cr	414.9Cr	385.8Cr	440.4Cr
Total Assets	74Cr	118.5Cr	173.5Cr	74Cr	74Cr
CAPEX	-6.6Cr	-53Cr	-62Cr	-15Cr	-6.3Cr
Austria	341.6Cr	448.7Cr	406Cr	360.5Cr	368.4Cr
Total Assets	32Cr	49Cr	79Cr	77Cr	76Cr
CAPEX	-4.9Cr	-20Cr	-34Cr	-4.4Cr	-8.1Cr
Turkey	291.8Cr	353.7Cr	335.8Cr	252.6Cr	329.1Cr
Total Assets	20L	10L	20L	40L	60L
CAPEX	-10L	-10L	-20L	-20L	-50L
Bahrain	143.9Cr	187Cr	252.7Cr	323.3Cr	325.8Cr
Total Assets	43Cr	45Cr	42Cr	42Cr	32Cr
CAPEX	-	-1.6Cr	-1.2Cr	-20L	-20L
South Korea	211Cr	251.3Cr	205.4Cr	229.7Cr	295.2Cr
Singapore	373.9Cr	621.5Cr	160.2Cr	254.6Cr	292.9Cr
Total Assets	80L	50L	1.1Cr	1.5Cr	60L
CAPEX	-40L	-	-1.1Cr	-70L	-
Czech Republic	195.1Cr	216.7Cr	242.5Cr	244.3Cr	292.6Cr
Total Assets	-	-	20L	20L	10L
CAPEX	-	-	-20L	-10L	-
Mexico	167.4Cr	237.2Cr	291.7Cr	258.4Cr	257.2Cr
Total Assets	22Cr	16Cr	21Cr	19Cr	18Cr
CAPEX	-2.6Cr	-1Cr	-4.6Cr	-1.8Cr	-60L
Belgium	217.7Cr	269.1Cr	197Cr	236.3Cr	252.2Cr
Total Assets	76Cr	74Cr	78Cr	77Cr	81Cr
CAPEX	-4.3Cr	-2.8Cr	-9.2Cr	-8Cr	-14Cr
Other Asia	159.7Cr	185.6Cr	241.2Cr	196.5Cr	240.9Cr
Total Assets	-	-	-	10L	-
CAPEX	-	-	-	-	-
The Netherlands	199.1Cr	282.2Cr	241.4Cr	220.6Cr	224.8Cr
Total Assets	67Cr	62Cr	80Cr	80Cr	75Cr
CAPEX	-2.7Cr	-1.1Cr	-22Cr	-5.1Cr	-5.5Cr
Portugal	165.3Cr	206Cr	193.5Cr	185.1Cr	190.4Cr
Total Assets	10Cr	12Cr	14Cr	16Cr	14Cr
CAPEX	-1Cr	-2.8Cr	-2.2Cr	-2.6Cr	-60L
India	132.9Cr	183.4Cr	163.2Cr	159.8Cr	173.9Cr
Total Assets	15Cr	1.1Cr	1.2Cr	2Cr	3.2Cr
CAPEX	-40L	-10L	-20L	-60L	-70L
Other America	40Cr	57Cr	58Cr	52Cr	168.6Cr
Total Assets	3.6Cr	4.2Cr	3Cr	5.5Cr	2.7Cr
CAPEX	-70L	-1.8Cr	-2.8Cr	-1.6Cr	-30L
Thailand	121.1Cr	109.9Cr	103Cr	142.6Cr	167Cr
United Arab Emirates	-	-	-	152Cr	166Cr
Total Assets	-	-	-	-	1.2Cr
Australia and New Zealand	176.6Cr	164.1Cr	144.9Cr	137.3Cr	154Cr
Total Assets	61Cr	66Cr	5.6Cr	18Cr	7.7Cr
CAPEX	-7.3Cr	-8.2Cr	-9.7Cr	-9.9Cr	-9.8Cr
Denmark	150Cr	179.5Cr	143.4Cr	138.3Cr	151.8Cr
Total Assets	84Cr	79Cr	80Cr	109.5Cr	116.3Cr
CAPEX	-9.5Cr	-1.1Cr	-12Cr	-41Cr	-22Cr
Qatar	180.9Cr	227.8Cr	227.7Cr	116.2Cr	137.2Cr
Total Assets	1.07TCr	1.24TCr	1.24TCr	1.42TCr	1.23TCr
Taiwan	141.7Cr	141.7Cr	88Cr	109.4Cr	99Cr
Hungary	75Cr	102.9Cr	107.9Cr	68Cr	92Cr
Total Assets	98Cr	116.8Cr	221.2Cr	303.8Cr	301.2Cr
CAPEX	-13Cr	-30Cr	-118.5Cr	-95Cr	-26Cr
Africa	33Cr	54Cr	103.2Cr	122.4Cr	88Cr
Total Assets	10L	-	-	-	-
Other Europe	76Cr	77Cr	50Cr	68Cr	79Cr
Total Assets	-	-	-	-	10L
CAPEX	-	-	-	-	-10L
Slovenia	-	-	-	94Cr	-
Finland	76Cr	110Cr	89Cr	92Cr	-
Total Assets	20L	20L	40L	30L	-
CAPEX	-20L	-10L	-30L	-10L	-
Malaysia	-	-	-	-	-
Hong Kong	-	-	-	165.1Cr	-
China	562.9Cr	509.6Cr	574.6Cr	555.1Cr	-
Total Assets	66Cr	85Cr	94Cr	98Cr	-
CAPEX	-4.9Cr	-27Cr	-21Cr	-9.5Cr	-
Saudi Arabia	-	-	-	-	-
Slovakia	33Cr	70Cr	88Cr	88Cr	-
Total Assets	43Cr	39Cr	38Cr	39Cr	-
CAPEX	-18Cr	-15Cr	-7.6Cr	-5.3Cr	-