In the fourth quarter the firm reported a six-fold jump in underlying operating profit to 2.89 billion Norwegian crowns ($381.21 million) from 471 million in the year-ago period, beating forecasts for 2.29 billion crowns in a Reuters poll of analysts..
The company plans to pay a 1 crown dividend per share for 2014, up from 0.75 crowns in 2013 and raised its dividend policy to a 40 percent payout ratio during a business cycle from previously 30 percent.
The firm confirmed its outlook for primary aluminium demand growth of 3-4 percent in the world excluding China in 2015.