Boliden’s first quarter: Stable production in Smelters but production disruptions in Tara
Revenues for the first quarter was SEK 13,210 m (13,047), with an operating profit, excluding revaluation of process inventory, of SEK 1,504 m (2,048). Free cash flow amounted to SEK -845 m (-323).“While we had record results within Smelters, the quarter was challenging within Mines. The focus is to continue to operate normally, even though the current COVID-19 situation demands greater flexibility,” says Mikael Staffas, President and CEO. Operating profit at Boliden Mines decreased to SEK 318 m (1,353). The decrease in earnings against both last year and the previous quarter was driven