Interim Report April – June 2018: Stable LKAB equips for the future
Summing up the first half of the year, LKAB reports increased sales and higher profits in a market that continues to favour high-grade iron ore products. Underlying operating profit increased by 15 percent in a year-on-year comparison.Production in the second quarter amounted to 6.1 (6.3) Mt and deliveries to 6.4 (6.6) Mt in a market that remains relatively favourable. Net sales totalled MSEK 6,160 (5,689) and underlying profit amounted to MSEK 1,666 (1,453). The cost of provisions for the urban transformations increased, mainly as a result of the reassessment of earlier provisions, and