Q3 2019 Norsk Hydro ASA Earnings Call (Afternoon) Transcript
Good day, and welcome to the Norsk Hydro Q3 Presentation. For your information, this call will be recorded. At this time, I would like to turn the conference over to Stian Hasle. Please go ahead.
Thank you. Good afternoon, and welcome to our update on the third quarter results. We will start with a brief introduction by President and CEO, Hilde Merete Aasheim, followed by a Q&A session. The Q&A session will also be joined by CFO, Pal Kildemo. And with that, I'll leave the word to you, Hilde.
Thank you, Stian, and good afternoon to all of you. I assume most of you have followed our results presentation this morning. But let me briefly address the key highlights for the third quarter of 2019. Underlying EBIT for the third quarter was NOK 1.366 billion, down from NOK 2.7 billion in the third quarter last year and up from NOK 875 million in Q2. I'm very happy to see that the final embargo on DRS2 has been lifted,
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