Q1 Interim Report for 2016
Q1 2016 · Revenues totalled SEK 8,849 m (10,407) · The operating profit totalled SEK 888 m (1,205) · The operating profit, excluding the revaluation of process inventory, totalled SEK 769 m (1,102) · Free cash flow totalled SEK 210 m (19) · Earnings per share totalled SEK 2.40 (3.27) Good result in Smelters · The downturn in profit from the previous year was primarily a consequence of lower metal prices. · The net debt/equity ratio was 21% (33). · Competition authorities have approved the acquisition of the Kevitsa nickel-copper mine in northern Finland.