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"Despite more challenges than usual during the quarter, we have been able to maintain production well, especially in Business Area Mines. In addition, we have also made several decisions to future-proof both Rönnskär and the Boliden Area" - Mikael Staffas, President and CEO.
Revenues: SEK 18,481 m (19,962)
Operating profit: SEK 1,615 m (3,405)
Operating profit excl. PIR*: SEK 1,212 m (3,020)
Free cash flow: SEK -1,508 m (-46)
Earnings per share: SEK 4.16 (9.29)
*Process Inventory Revaluation
Operating profit excluding revaluation of process inventory totaled SEK 1,212 m (3,020)
Political strikes in Finland had an estimated SEK -400 m (0) effect on operating profit
Free cash flow was SEK -1,508 m (-46) negatively impacted by the strikes
Extreme winter conditions in January had an estimated effect of SEK -100 m
Lower grades had an estimated effect of SEK -165 m
Record milled production in Garpenberg
Decision to invest in a new tank house in Rönnskär
Decision to invest in life span extension of the Boliden Area
The Interim Report will be presented via webcast/conference call on Tuesday, April 23 at 09:00 (CEST). Information is available at www.boliden.com.
For further information, please contact:
Olof Grenmark
Director Investor Relations
+46 70291 57 80
This information is information that Boliden AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Director Investor Relations, at 07:45 CEST on April 23, 2024.