Economic downturn leads to first-quarter losses

by Hydro Aluminium AS 29 Apr 06:59

Small-news-photo-results

Hydro had an underlying loss before financial items of NOK 493 million in the first quarter of 2009, down from an underlying EBIT of NOK 868 million in the previous quarter. The results reflect the deepening global economic downturn, with historically low aluminium prices and a further fall in already weak downstream markets.

Full story: http://www.hydro.com/en/Press-room/News/

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