Hydro aims to lift cash flows and returns with extensive improvement and restructuring efforts across its business areas, while highlighting sustainability as a basis for the company’s positioning. At this year’s event, Hydro will present its strategic direction, including new improvement efforts, updated capital allocation framework and clear targets for profitability and sustainability. The ambitions are underpinned by a capital returns target of 10% RoaCE over the cycle, as well as an ambition to reduce already competitive CO2 emissions in own production and processes by further 30% by 2030.
source https://finance.yahoo.com/news/norsk-hydro-investor-day-2019-045900811.html?.tsrc=rss