Feb 14, 2020

Boliden - Q4 Interim Report and Year-end report for 2019

2 min
BOLIDEN, Sweden, Feb. 13, 2020 /PRNewswire/ -- Q4 2019

BOLIDEN, Sweden, Feb. 13, 2020 /PRNewswire/ -- Q4 2019

  • Revenues totalled SEK 12,972 m (12,543) 
  • The operating profit totalled SEK 1,744 m (2,093)
  • The operating profit, excluding the revaluation of process inventory,             totalled SEK 1,721 m (2,001)
  • Free cash flow totalled SEK 822 m (1,721)
  • Earnings per share totalled SEK 4.97 (6.82)

Expansion projects ahead of plan

  • Expansion projects ahead of schedule caused higher investments.
  • Lower grades in Aitik, Kevitsa and Garpenberg had a negative effect on volumes.
  • Strikes in Finland had a SEK -100 m effect on EBIT.
  • The Board of Directors proposes a dividend of SEK 7.00 (8.75) per share.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Thursday, 13 February at 09:30 (CET). Information is available at www.boliden.com.

Contact persons for information:

Mikael Staffas, President & CEO 

Tel: +46 8 610 15 00

Håkan Gabrielsson, CFO

Tel: +46 8 610 15 00

Olof Grenmark, Director Investor Relations 

Tel: +46 70 291 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 CET on 13 February, 2020.

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SOURCE Boliden

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