Q1 Interim Report 2018

Q1 2018 · Revenues totalled SEK 13,331 m (12,730)  · The operating profit totalled SEK 2,672 m (2,149) · The operating profit, excluding the revaluation of process inventory, totalled SEK 2,724 m (2,061) · Free cash flow totalled SEK 1,431 m (1,060) · Earnings per share totalled SEK 7.35 (6.10) High grades at Aitik and Tara · High grades compensated for low milled volumes. · Aitik’s new crusher is ramping up. · Stable production at the copper smelters – production record at Harjavalta. · Increased production at Odda but unfavourable concentrate mix at