Hydro reinforces its green strategy and records solid growth in an uncertain environment

Hydro has presented its results and strategic plans at its Investor Day 2025, highlighting its progress towards the transition to green aluminum and its ability to generate value despite market uncertainty. The company will close five Extrusion plants in Europe to optimize operations, with a restructuring cost of NOK 1.9 billion (Norwegian kroner), approximately $186.8 million, and annual savings of NOK 500 million ($49.15 million) from 2027.

In parallel, Hydro has launched a staff adjustment and cost reduction program that anticipates saving NOK 1 billion annually from 2026. Its improvement plan, initiated in 2024, is ongoing, with NOK 1.2 billion planned this year and a target of NOK 6.5 billion by 2030.

Hydro’s adjusted EBITDA between the fourth quarter of 2024 and the third quarter of 2025 reached NOK 31 billion, compared to 22.4 billion in 2024, reflecting a solid recovery in a context of volatile markets. The company maintains its capital discipline, with CAPEX projected at NOK 13.5 billion for 2025-2026.

Hydro continues to advance in renewable energy and decarbonization. The new Illvatn pumping plant in Norway will contribute 48 MW and 107 GWh annually to its aluminum production, while strategic agreements in Norway and Canada ensure a supply of clean energy until 2045. The company expects to reduce its CO2 emissions by 15% by the end of 2025, exceeding its initial target.

In terms of sustainability and social responsibility, Hydro supported more than 300 community projects in 2025 and has already reached 250,000 people through educational programs, on its way to its goal of 500,000 by 2030.

In addition, the company is boosting its green revenues, with low-carbon and recycled products increasing by more than 50% so far this year, including a Hydro REDUXA sales agreement with NKT for up to 274,000 tons, estimated at 1 billion euros.

The CEO, Eivind Kallevik, emphasizes: “Aluminum will continue to be key in the green transition. Our geographic position and integrated value chain allow us to face volatility and lead the way towards net-zero aluminum with renewable energy.”