Norsk Hydro As Ord (NHYKF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Hydro's first quarter 2025 presentation and Q&A. We will start off with the presentation by our president and CEO, Ivan Kalovic, before our CFO, Trond Olav Kristoffersen, will take you through the financial results. We will end this session with the Q&A. If you would like to ask questions during the Q&A, you can use the chat that you see to the right on the screen, and you can write your questions there. Later on after presentations, I will ask your questions directly to Eivind and Trondola. But before that, we have a presentation. And with that, I bring the microphone over to you, Eivind. Thank you, Martina, and good morning and welcome from me as well. I will, as always, start with the most important business update, the safety and well-being of our people. It's fundamental for our license to operate, our ability to attract talent, and for operational excellence. This is also why safety is a 24-7 priority at all our locations, always. This quarter, I'm happy to report a record low number of injuries. Our TRI rate has been in continuous decline for many quarters as a result of the strong efforts throughout the organization. I'm also very pleased to report that the slight increase we saw in high risk incidents from last quarter has developed into a slight decrease this quarter. Identifying risks before they lead to an injury has been high on the agenda over time, and I'm pleased to see it yielding results. However, statistics are statistics, and it only takes a split second to change these graphs on this slide dramatically. So this is never ending work, and it is important. Because behind these numbers are our people, their families and the local communities that depend on them. Hence, ensuring the health, safety and well-being of our peop...