Aluminum Producer Hydro Says Pre-Covid Demand Won't Return for Two Years

Aluminum Producer Hydro Says Pre-Covid Demand Won't Return for Two Years

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of COVID-19 on the company's earnings, with a significant drop in sales for the second quarter. It explores market recovery expectations, noting that recovery may take years in the US and Europe, while China shows signs of improvement. The company focuses on cost management and safety, particularly in Brazil, and is on track with its cost reduction program. The review of the RD product business is ongoing, and the dividend policy remains postponed due to COVID-19.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the impact of the COVID-19 situation on the company's second quarter earnings?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for sales in Q3 compared to the previous year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the company managed to keep costs down during the COVID-19 situation?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main concerns regarding the safety of employees during the pandemic?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current status of the company's dividend policy in light of the COVID-19 situation?

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OFF