Q2 Interim Report 2022

Q2 2022

  • Revenues totaled SEK 21,568 m (17,891) 
  • The operating profit totaled SEK 4,078 m (2,785)
  • The operating profit, excluding revaluation of process inventory, totaled SEK 4,532 m (2,616)
  • Free cash flow totaled SEK 2,038 m (2,013)
  • Earnings per share totaled SEK 11.54 (8.00)
     

Strong results despite extensive maintenance shutdowns

  • Strong prices and terms
  • Stable production in Mines
  • High inflation
  • Planned maintenance shutdowns in Smelters affected earnings by SEK -390 m (-50)

 

Please find enclosed the full report.

 

The Interim Report will be presented via a webcast/conference call on Thursday, July 21st at 09:30 (CET). Information is available at www.boliden.com.

 

 

Contact persons for information:

Mikael Staffas, President & CEO
Håkan Gabrielsson, CFO
Olof Grenmark, Director Investor Relations   
Tel: +46 8 610 15 00
Tel: +46 8 610 15 00
Tel: +46 70291 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 07:45 CET, 21st of July 2022.

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More press releases & news

Boliden has entered into a definitive agreement with Lundin Mining to acquire the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden. The upfront cash consideration for the entities is USD 1,300 m plus contingent payments that can reach up to USD 150 m, on a cash and debt-free basis. The transaction, that considerably strengthens Boliden's mine production as well as internal zinc and copper concentrate supply, is subject to customary regulatory approvals.

"Our mine production during the quarter has been good. Just like last quarter, our Finnish smelters are producing very well." - Mikael Staffas, President and CEO.

Boliden will announce its Interim Report for the third quarter 2024 on Tuesda