Norsk Hydro demonstrated improved financial performance in 2025, reporting adjusted EBITDA of NOK 28.9 billion, a 9.9 percent increase from NOK 26.3 billion in the prior year. The aluminum and energy company achieved a return on average capital employed (RoaCE) of 10.2 percent, meeting its cycle target amid a challenging macroeconomic environment. The stronger results reflect the company's operational execution despite ongoing market volatility and competitive pressures in the global aluminum sector.
The Oslo-listed company implemented strategic capital discipline initiatives throughout 2025, including workforce optimization and organizational restructuring designed to enhance operational efficiency. These measures align with Norsk Hydro's broader sustainability objectives and its 2030 green aluminum strategy, which targets increased production of low-carbon aluminum products to meet evolving market demand and regulatory requirements.
Norsk Hydro's board has proposed total shareholder distributions of NOK 5.9 billion, representing 60 percent of adjusted net income, reflecting management's confidence in cash generation capabilities. The company's integrated annual report emphasizes building organizational resilience as a foundation for achieving its medium-term strategic ambitions while navigating structural shifts in energy markets and decarbonization trends.