Q4 Interim and Year-end Report for 2015

Q4 2015

• Revenues totalled SEK 9,699 m (9,614)
• The operating profit totalled SEK 416 m (1,158)
• The operating profit, excluding the revaluation of process inventory, totalled SEK 596 m (1,134)
• Free cash flow totalled SEK 36 m (366)
• Earnings per share totalled SEK 1.05 (3.06)

Profits affected by falling metal prices

• The earnings trend was primarily a consequence of falling metal prices.
• Items affecting comparability, totalling SEK -45m, had an impact on the profit.
• The net debt/equity ratio was 23% (35).
• Quarter on quarter increase in both Smelters’ copper feed and mined production.
• The Board of Directors proposes a dividend for 2015 of SEK 3.25 (2.25) per share.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Thursday, 11 February at 09:30 (CET). Information is available at www.boliden.com.

         
The information provided comprises information that Boliden is obliged to present, pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 11 February 2016 at 07:45 (CET).