Annual reporting 2010: Turning point for a new era
(Thomson Reuters ONE) -
Hydro's ambition is to be at the highest level of the world's aluminium
industry, President and CEO Svein Richard Brandtzæg states in the company's
annual reporting for 2010, published on Hydro's web site on Friday.
"Last year was a turning point for Hydro. Partly because we emerged from the
crisis as a stronger company. Partly because the completion of Qatalum gives
Hydro an important presence in the best quartile of the world's primary
aluminium production. But first and foremost because the acquisition of Vale's
aluminium operations in Brazil initiates a new era in our history," Brandtzæg
writes in his letter to shareholders.
"Agenda 2010 - our two-year program to meet the challenges of the financial
crisis - has been successfully implemented. It has now been replaced by a new
ambition: To lift Hydro to the highest level of the world's aluminium industry,"
Brandtzæg says.
Hydro's main report for 2010 is the "Annual Report - 2010" with detailed
information about Hydro's businesses, operational performance, financial
performance, viability performance, corporate governance and financial
statements. The report is only available in English.
In addition, a report which fulfills the Norwegian statutory requirements for
annual reporting has been prepared: "Financial Statements and Board of
Directors' Report - 2010." This report is available in Norwegian and English.
At www.hydro.com/reporting2010 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 - 2010," with additional details on www.hydro.com/reporting2010.
Shareholders and stakeholders may request a hard copy of any of Hydro's 2010
reports at www.hydro.com/reporting2010 free of charge.
Annual Report 2010:
http://hugin.info/106/R/1497970/433710.pdf
Financial statements and Board of Directors report 2010:
http://hugin.info/106/R/1497970/433711.pdf
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originality of the information contained therein.
Source: Norsk Hydro via Thomson Reuters ONE
[HUG#1497970]
Unternehmensinformation / Kurzprofil:
Datum: 18.03.2011 - 12:14 Uhr
Sprache: Deutsch
News-ID 52563
Anzahl Zeichen: 2877
contact information:
Town:
Oslo
Kategorie:
Business News
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