Full-year Report 2005

"Boliden reports a record profit for 2005"

Full year 2005

  • Net sales: SEK 20 441 million (SEK 17 928 m)
  • Operating result: SEK 3 069 million (SEK 1 831 m)
  • Result after financial items: SEK 2 812 million (SEK 1 365 m)
  • Result for the period: SEK 2 046 million (SEK 1 220 m)
  • Earnings per share: SEK 7.07 (SEK 4.98)
  • Cash flow from operating activities: SEK 2 540 million (SEK 1 552 m)
  • Net debt/equity ratio: 54 (71) per cent
  • Boliden's Board of Directors proposes to the Annual General Meeting a dividend of SEK 2 per share.
  • New financial target - debt/equity ratio of approximately 40 per cent

Fourth quarter of 2005

  • Net sales: SEK 6 323 million (SEK 4 618 m)
  • Operating result: SEK 1 585 million (SEK 511 m)
  • Result after financial items: SEK 1 581 million (SEK 352 m)
  • Result for the period: SEK 1 189 million (SEK 292m)
  • Earnings per share: SEK 4.11 (SEK 1.13)
  • Cash flow from the operating activities: SEK 947 million (SEK 295 m)

Contact persons for information:

 Jan Johansson, President and CEO	
 Tel.:  +46 8 610 16 02
 Mobile: +46 70 555 02 02	
 [email protected]
 Ulf Söderström, Senior VP, Group Communications	
 Tel.: +46 8 610 15 57
 Mobile: +46 70 618 95 95 
 [email protected]	
 Staffan Bennerdt, CFO	
 Tel.:  +46 8 610 15 20
 Mobile: +46 70 513 61 14
 [email protected]	

See attached the complete Interim Report
www.boliden.com

Downloads

More press releases & news

The abnormally high seismic activity in Garpenberg has decreased and mining production at low levels will commence in the second quarter. The first quarter throughput was just under 0.8 Mton instead of the expected slightly over 0.9 Mton at already communicated grades. All inspections are not yet complete but production in the most affected part of the mine is not expected to resume in 2026. Until further notice, Garpenberg's production is therefore estimated to be around 30 percent of the guided capacity of 3.7 Mton per year. For the first quarter of 2026, EBITDA will be negatively affected by approximately SEK -400 million at today's prices and terms.

The shareholders of Boliden AB (p

Boliden has decided to invest in a new hoist system at Garpenberg and an industrial demonstration plant for the production of supplementary cementitious material at Rönnskär. The investments, which amount to SEK 4 billion and SEK 1.5 billion respectively, will strengthen the earnings capacity of both units and lay the foundation for exploiting further future opportunities.