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An announcement from Norsk Hydro Asa ( (GB:0Q11) ) is now available.
Norsk Hydro ASA has signed two revolving multi-currency credit facilities totaling USD 2.4 billion, with interest margins linked to its greenhouse gas reduction goals. This refinancing effort, supported by major financial institutions, underscores Hydro’s commitment to sustainability and enhances its liquidity flexibility, reinforcing its strategic roadmap to reduce carbon emissions by 2030.
The most recent analyst rating on (GB:0Q11) stock is a Hold with a NOK71.00 price target. To see the full list of analyst forecasts on Norsk Hydro Asa stock, see the GB:0Q11 Stock Forecast page.
More about Norsk Hydro Asa
Norsk Hydro ASA is a prominent player in the aluminum industry, focusing on sustainable practices and reducing greenhouse gas emissions. The company is committed to integrating sustainability into its operations and has a market focus on reducing its carbon footprint.
Average Trading Volume: 3,761,006
Current Market Cap: NOK142.6B
For detailed information about 0Q11 stock, go to TipRanks’ Stock Analysis page.