Q2 Interim Report 2021

Q2 2021

  • Revenues totaled SEK 17,891 m (13,391) 
  • The operating profit totaled SEK 2,785 m (1,801)
  • The operating profit, excluding revaluation of process inventory, totaled SEK 2,616 m (1,634)
  • Free cash flow totaled SEK 2 013 m (1 174)
  • Earnings per share totaled SEK 8.00 (4.92)

Strong earnings and cash flow

  • High metal prices.
  • Stable production in both Mines and Smelters.
  • The Board has decided to invest EUR 700 m in the smelter in Odda to increase capacity from 200 to 350 ktonnes /year.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Thursday, July 22nd at 09:30 (CET). Information is available at www.boliden.com.

Contact persons for information:

Mikael Staffas, President & CEO                           Tel: +46 8 610 15 00

Håkan Gabrielsson, CFO                                        Tel: +46 8 610 15 00

Olof Grenmark, Director Investor Relations          Tel: +46 70 291 57 80

 

This information is information that Boliden AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 16:30 CET, 21st of July 2021.

Boliden is a metals company with a focus on sustainable development. Our roots are Nordic, our market global. Our core competence lies within the fields of exploration, mining, smelting and metal recycling. Boliden has around 6,000 employees and an annual turnover of SEK 50 billion. The share is listed in the Large Cap segment on NASDAQ OMX Stockholm.

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, AUSTRALIA, CANADA, HONG KONG, ISRAEL, JAPAN, NEW ZEALAND, SOUTH AFRICA, SWITZERLAND OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.

Boliden's Annual and Sustainability Report 2024 is now available at www.boliden.com. It highlights how Boliden creates value and covers topics such as strategy, operations, sustainability and financial performance. The report's overhead theme is A century of exploration and innovation.