Interim Report January-June 2013

Q2 2013

  • Revenues fell to SEK 8,035 (SEK 10,363 m), mainly as a result of lower prices
  • Operating profit SEK -59 million (SEK 795 m)
    –        Operating profit excluding the revaluation of process inventory SEK 370 million (SEK 956 m)
    –        Impact on operating profit from planned maintenance shutdowns SEK -305 million (SEK -130 m)
  • Free cash flow SEK -1,477 m (SEK 79 m)
  • Earnings per share SEK -0.37 (SEK 1.95)

Half-year 2013

  • Revenues SEK 17,285 (SEK 20,684 m)
  • Operating profit SEK 636 million (SEK 2,335 m)
    –        The operating profit excluding the revaluation of process inventory totalled SEK 1,121 million (SEK 2,215 m)
  • Free cash flow SEK -1,697 million (SEK 967 m)
  • Earnings per share SEK 1.49 (SEK 6.03)

Contact persons for information:
Lennart Evrell, President & CEO                                Tel: +46 8 610 15 00
Mikael Staffas, CFO                                                 Tel: +46 8 610 15 00
Frans Benson, Director Group Investor Relations         Tel: +46 8 610 15 23

Please find enclosed the full report.

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