Boliden’s third quarter: Strong result despite high inflation
Revenues for the third quarter were SEK 19,480 m (15,906) and operating profit excluding revaluation of process inventory was SEK 3,484 m (2,419). Free cash flow totaled SEK 97 m (962). “Continued high inflation but in general stable production during the quarter. In addition, favorable exchange rates contributed to a strong quarter. It's also worth mentioning that our nickel production has improved,” says Mikael Staffas, President and CEO. Operating profit in Boliden Mines increased to SEK 1,964 m (1,936). Compared to the previous quarter, a stronger USD did not fully compensate for