Q1 Interim Report 2020

Q1 2020

  • Revenues totalled SEK 13,210 m (13,047) 
  • The operating profit totalled SEK 1,435 m (2,441)
  • The operating profit, excluding revaluation of process inventory, totalled SEK 1,504 m (2,048)
  • Free cash flow totalled SEK -845 m (-323)
  • Earnings per share totalled SEK 3.90 (6.91)

Stable production in Smelters but production disruptions in Tara

  • Free cash flow totalled SEK -845 m (-323).
  • High working capital due to the COVID-19 pandemic.
  • Increased production and higher zinc treatment charges in Smelters.
  • Production disruptions and lower grades in Mines.

    
Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Tuesday, April 28 at 14:30 (CET). Information is available at www.boliden.com.

Contact persons for information:

Mikael Staffas, President & CEO Tel: +46 8 610 15 00
Håkan Gabrielsson, CFO Tel: +46 8 610 15 00
Olof Grenmark, Director Investor Relations       Tel: +46 70 291 57 80

   
This information is information that Boliden AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Director Investor Relations, at 12.30 CET on the 28th of April 2020.

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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 5,800 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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