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Norsk Hydro profit rises on solid aluminum sector

Article Abstract:

First-quarter net profit for Norsk Hydro ASA rose 13% to $904.7 mil, due in part to divestment gains, favorable market conditions, and lower tax rates. Revenue however dropped by 8.1% as a result of lower oil and gas prices.

Author: Cowley, Elizabeth

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007

Norsk Hydro ASA

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Statoil net falls 28% on oil, gas prices

Article Abstract:

First-quarter net profit for Norwegian firm Statoil ASA decreased 28% to $1.27 bil, reflecting lower oil and gas prices. Revenue fell by 10%, and operating income dropped by 28%.

Author: Cowley, Elizabeth

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007

Statoil ASA, STL

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Subjects list: Petroleum industry, Company sales and earnings, Norway, Company earnings/profit, Financial report

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