Hydro Q3 results

Hydro's underlying earnings before financial items and tax declined to NOK 1,477 million in the third quarter, down from NOK 1,618 million in the second quarter.  The decrease mainly reflected seasonally lower metal sales and negative currency effects, partly offset by higher realised aluminium prices. "Demand growth for aluminium remains healthy. We are sticking to our forecast for global aluminium demand growth of 4-5% for 2016 and expect to land in the higher range of this estimate for the full year," says President and CEO Svein Richard Brandtzæg. "This comes on the back of higher-than-expected demand in China and slower…