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Norsk Hydro ASA Reports 0% Advance In Q2 Earnings

Norsk Hydro ASA (NHY) released a profit for its second quarter that increased compared to the same period last year.

The company said its bottom line totaled NOK2.07 billion, or NOK0.95 per share. This was up from NOK2.06 billion, or NOK0.94 per share, in last year's second quarter.

The company said revenue for the quarter fell 9.1% to NOK20.39 billion. This was down from CHF22.44 billion last year.

Norsk Hydro ASA earnings at a glance:

-Earnings (Q2): NOK2.07 Bln. vs. NOK2.06 Bln. last year.
-Earnings Growth (Y-o-Y): 0.5%
-EPS (Q2): NOK0.95 vs. NOK0.94 last year.
-EPS Growth (Y-o-Y): 1.1%
-Revenue (Q2): NOK20.39 Bln vs. CHF22.44 Bln last year.
-Revenue Change (Y-o-Y): -9.1%

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