Q1 Interim Report for 2016

Q1 2016

  • Revenues totalled SEK 8,849 m (10,407)
  • The operating profit totalled SEK 888 m (1,205)
  • The operating profit, excluding the revaluation of process inventory, totalled SEK 769 m (1,102)
  • Free cash flow totalled SEK 210 m (19)
  • Earnings per share totalled SEK 2.40 (3.27)

Good result in Smelters

  • The downturn in profit from the previous year was primarily a consequence of lower metal prices.
  • The net debt/equity ratio was 21% (33).
  • Competition authorities have approved the acquisition of the Kevitsa nickel-copper mine in northern Finland.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Tuesday, 3 May at 09:00 (CET). Information is available at www.boliden.com

Contact persons for information:
Lennart Evrell, President & CEO Tel: +46 8 610 15 00
Håkan Gabrielsson, CFO Tel: +46 8 610 15 00
Sophie Arnius, Director Investor Relations Tel: +46 8 610 15 23
+46 70 590 8072

The information provided comprises information that Boliden is obliged to present, pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 3 May 2016 at 07:45 (CET).

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About Us

Boliden is a metals company with a commitment to sustainable development. Our roots are Nordic, but our business is global. The company’s core competence is within the fields of exploration, mining, smelting and metals recycling. Boliden has approximately 5,700 employees and a turnover of SEK 50 billion. Its share is listed on NASDAQ OMX Stockholm, segment Large Cap. www.boliden.com

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