Q1 Interim Report 2022
Q1 2022 · Revenues totaled SEK 21,812 m (17,083) · The operating profit totaled SEK 5,038 m (2,779) · The operating profit, excluding revaluation of process inventory, totaled SEK 4,466 m (2,449) · Free cash flow was SEK 674 m (2,165) · Earnings per share totaled SEK 14.51 (7.96) High metal prices but substantial cost inflation · Free cash flow was SEK 674 m (2,165) mainly due to increased working capital as a result of higher metal prices. · Higher milled volume but lower grades in Mines. · Stable production in Smelters. Please find enclosed the