Elkem Q3 2026 EBITDA falls 14% year-on-year to NOK 554 million
Bitget2026/10/29 06:05- Elkem’s third-quarter 2026 EBITDA fell 14% year-on-year to NOK 554 million.
- Total operating income declined year-on-year to NOK 3.59 billion.
- Silicon division total operating income dropped 9% year-on-year to NOK 2.14 billion, with performance hurt by low commodity sales prices.
- The group will invest NOK 260 million to renew a furnace at its Rana plant, improving competitiveness and supporting increased biocarbon use.
- Its Iceland plant secured a new power purchase agreement running until March 2039, strengthening long-term electricity supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.
Tom Lee Says a VIX Signal Points to a Stock Market Bottom
Crypto prices
More
