Boliden’s first quarter: Strong cash flow
Revenues for the first quarter amounted to SEK 17,083 m (13,210) and operating profit, excluding revaluation of process inventory, totaled SEK 2,449 m (1,504). Free cash flow totaled SEK 2,165 m (-845).“The focus on several metals critical for adapting to climate change and many larger production units means a general stability in terms of both market conditions and production factors. In this quarter, the strong development of the copper price in particular has contributed to a strong cash flow,” says Mikael Staffas, President and CEO. The operating profit in Business Area Mines