Boliden’s profits: Strong performance for 2015 despite significant impact from falling Q4 metal prices
Boliden’s fourth quarter revenues totalled SEK 9,699 m (9,614) and the operating profit, excluding revaluation of process inventory, was SEK 596 m (1,134). Revenues for the year as a whole totalled SEK 40,242 m (36,891) while the operating profit, excluding revaluation of process inventory, was SEK 4,010 m (2,605).“Boliden has posted a strong result for 2015 in the face of difficult market conditions, demonstrating that competitive mines and smelters that produce both base and precious metals are of real benefit in times of volatile prices. High production levels, favourable exchange rates