Second quarter 2024 – Profitability improvements driven by enhanced operating performance
Oslo, 12 July 2024 Elkem reported an EBITDA of NOK 1,030 million in the second quarter 2024. This is in line with the corresponding quarter last year, and an improvement compared to the preceding three quarters. “Improved profitability was primarily driven by a strong operational performance as part of Elkem’s comprehensive improvement programme. Market conditions have remained challenging in the quarter,” says Elkem CEO Helge Aasen. Elkem’s total operating income for the second quarter 2024 was NOK 8,490 million, which was down 6% compared to the second quarter 2023, but up from