Q3 Interim Report 2019

Q3 2019

  • Revenues totalled SEK 11,170 m (12,510) 
  • The operating profit totalled SEK 1,873 m (1,771)
  • The operating profit, excluding revaluation of process inventory, totalled SEK 1,635 m (2,020)
  • Free cash flow totalled SEK -653 m (822)
  • Earnings per share totalled SEK 5.14 (4.69)

Higher prices but major maintenance

  • Stable production in Mines.
  • A breakdown in the Harjavalta Nickel line and planned maintenance shutdowns in Smelters affected earnings by SEK -360 m (-70).
  • Higher stocks following logistical disruptions.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Thursday, October 24th 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. The information was submitted for publication, through the agency of Director Investor Relations, at 07.45 CET on the 24th of October 2019.

Downloads

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