Interim Report, January- March 2006

Boliden reports record first quarter result

Q1 2006

  • Net sales totalled SEK 7,337 million (SEK 4,458 m)
  • Operating profit improved to SEK 1,750 million (SEK 398 m)
  • Net result increased to SEK 1,239 million (SEK 256 m)
  • Earnings per share improved to SEK 4.28 (SEK 0.88)

Significant events

  • Continued strong global metal market with increased copper and zinc prices.
  • Substantial increase in Garpenberg's ore reserves.
  • New contract boosts nickel smelting at the Harjavalta smelter.

Contact persons for information:

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

Ulf Söderström, Senior VP, Group Communications [email protected]
Tel.: +46 8 610 15 57 Mobile: +46 70 618 95 95

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

See attached the complete Interim Report
www.boliden.com

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