Positive result in a continued weak market
Q1 2009
· Revenues fell by 37 per cent, totalling SEK 5,879 million (SEK 9,303 m)
· The operating profit totalled SEK 788 million (SEK 1,231 m). Excluding the revaluation of the smelters' process stocks, it totalled SEK 269 million (SEK 926 m)
· Cutbacks in copper production at the smelters
· The free cash flow totalled SEK -1,811 million (SEK 1,198 m), primarily due to higher stocks
· Earnings per share totalled SEK 2.06 (SEK 4.62)
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, Head of Investor Relations Tel: +46 8 610 15 23
See attached the complete Interim Report