Norsk Hydro annual reporting 2012: Creating a global winner
(Thomson Reuters ONE) -
"Weakness and uncertainty in the world economy weighs on the aluminium price.
When I express my belief in the future of aluminium, it's because the underlying
factors point to continued solid growth in demand for aluminium," President and
CEO Svein Richard Brandtzæg writes in his letter to shareholders.
"We are seeing through substantial improvement programs in all of our business
areas and have taken important strategic actions that will make us more robust
regardless of what the future brings - and will make us the aluminium industry's
winner when demand catches up to production", Brandtzæg says.
The report meeting the Norwegian statutory requirements for annual reporting is
"Financial Statements and Board of Directors' Report - 2012." This report is
available in Norwegian and English.
In addition, a more extensive report is made available, "Annual Report - 2012",
with detailed information about Hydro's businesses, operational performance,
financial performance, viability performance, corporate governance and financial
statements. The report is available in English.
At www.hydro.com/reporting2012 the full content of the two reports is presented
with supplementary information. All parts of the reports can be downloaded from
this web site and printed in PDF format on demand.
Hydro's main reporting on viability performance is included in the "Annual
Report - 2012," with additional details on www.hydro.com/reporting2012
Shareholders and stakeholders may request a printed copy of any of Hydro's 2012
reports at www.hydro.com/reporting2012 free of charge.
Investor contact
Contact Pål Kildemo
Cellular +47 97096711
E-mail Pal.Kildemo(at)hydro.com
Press contact
Contact Halvor Molland
Cellular +47 92979797
E-mail Halvor.Molland(at)hydro.com
*********
Certain statements included within this announcement contain forward-looking
information, including, without limitation, those relating to (a) forecasts,
projections and estimates, (b) statements of management's plans, objectives and
strategies for Hydro, such as planned expansions, investments or other projects,
(c) targeted production volumes and costs, capacities or rates, start up costs,
cost reductions and profit objectives, (d) various expectations about future
developments in Hydro's markets, particularly prices, supply and demand and
competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk
management, as well as (i) statements preceded by "expected", "scheduled",
"targeted", "planned", "proposed", "intended" or similar statements.
Although we believe that the expectations reflected in such forward-looking
statements are reasonable, these forward-looking statements are based on a
number of assumptions and forecasts that, by their nature, involve risk and
uncertainty. Various factors could cause our actual results to differ materially
from those projected in a forward-looking statement or affect the extent to
which a particular projection is realized. Factors that could cause these
differences include, but are not limited to: our continued ability to reposition
and restructure our upstream and downstream aluminium business; changes in
availability and cost of energy and raw materials; global supply and demand for
aluminium and aluminium products; world economic growth, including rates of
inflation and industrial production; changes in the relative value of currencies
and the value of commodity contracts; trends in Hydro's key markets and
competition; and legislative, regulatory and political factors.
No assurance can be given that such expectations will prove to have been
correct. Hydro disclaims any obligation to update or revise any forward looking
statements, whether as a result of new information, future events or otherwise.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Annual Report 2012:
http://hugin.info/106/R/1684372/552174.pdf
Financial statements and Board of Directors Report 2012:
http://hugin.info/106/R/1684372/552161.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Norsk Hydro via Thomson Reuters ONE
[HUG#1684372]
Unternehmensinformation / Kurzprofil:
Datum: 15.03.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 239743
Anzahl Zeichen: 5128
contact information:
Town:
Oslo
Kategorie:
Business News
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