Full-year Report 2006

Strong global metals market provided record profit for Boliden

>>Download the complete Full-year Report

Q4 2006

  • Revenues rose to SEK 9,728 million (SEK 6,372 m).
  • The operating profit improved to SEK 2,225 million (SEK 1,634 m).
  • The profit for the period increased to SEK 1,750 million (SEK 1,189 m).
  • Earnings per share strengthened to SEK 6.04 (SEK 4.11).

Full year 2006

  • Revenues rose to SEK 35,213 million (SEK 20,441 m).
  • The operating profit improved to SEK 8,522 million (SEK 3,069 m).
  • The profit for the period increased to SEK 6,268 million (SEK 2,046 m).
  • Earnings per share strengthened to SEK 21.66 (SEK 7.07).

Important events

  • The Board of Directors proposes to the Annual General Meeting an ordinary dividend of SEK 4 (2) per share and a share redemption corresponding to SEK 12 per share. It is proposed that, in all, SEK 4.6 billion be returned to shareholders.
  • The Board of Directors is requesting a mandate for a buy-back program of the Company's own shares, up to a maximum of 10 per cent of the outstanding shares.
  • Decision to invest SEK 5.2 billion to double ore production from 18 to 36 million tonnes at the Aitik copper mine.
  • Decision to double the investments in exploration for 2007 to SEK 300 million.
  • Extension of metal price hedging for copper, lead, silver and gold until 2009.

Contact persons for information:

Jan Johansson, President and CEO, Phone: +46 8 610 16 02, [email protected], Mobile: +46 70 555 02 02

Staffan Bennerdt, CFO, Tel.: +46 8 610 15 20, [email protected], Mobile: +46 70 513 61 14

Downloads

More press releases & news

Consequences of abnormal seismic activity at the Garpenberg mine

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.

Read more
Invitation to the Annual General Meeting of Boliden AB (publ)

The shareholders of Boliden AB (p

Read more
Boliden's capital market update: Future-focused investments in Garpenberg and Rönnskär

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.

Read more