Strong end to 2010
Q4 2010
· Revenues totalled SEK 10,120 million (SEK 8,356 m)
· The operating profit was SEK 1,942 million (SEK 1,232 m). Excluding revaluation of process inventory, the operating profit was SEK 1,445 million (SEK 870 m)
· Free cash flow totalled SEK 1,850 million (SEK 350 m)
· Earnings per share totalled SEK 5.17 (SEK 3.00)
Full year 2010
· Revenues totalled SEK 36,716 million (SEK 27,635 m)
· The operating profit was SEK 5,643 million (SEK 3,623 m). Excluding revaluation of process inventory, the operating profit was SEK 4,830 million (SEK 2,350 m)
· Free cash flow totalled SEK 3,202 million (SEK -948 m)
· The debt/equity ratio totalled 24 per cent (46)
· Earnings per share totalled SEK 14.47 (SEK 9.14)
· The Board of Directors proposes that the Annual General Meeting approve payment of a dividend of SEK 5 (SEK 3) per share
Events since the end of the financial year
· Boliden decided, in January, to expand the Garpenberg mine and at the same time hedge metal prices
Contact persons for information:
Lennart Evrell, President & CEO
Tel: (exchange): +46 8 610 15 00
Johan Fant, CFO
Tel: (exchange): +46 8 610 15 00
Frans Benson, Director Investor Relations
Tel: +46 8 610 15 23
Please find enclosed the full Report.