Q4 Interim Report and Year-end report for 2019

Q4 2019

  • Revenues totalled SEK 12,972 m (12,543) 
  • The operating profit totalled SEK 1,744 m (2,093)
  • The operating profit, excluding the revaluation of process inventory, 
    totalled SEK 1,721 m (2,001)
  • Free cash flow totalled SEK 822 m (1,721)
  • Earnings per share totalled SEK 4.97 (6.82)

Expansion projects ahead of plan

  • Expansion projects ahead of schedule caused higher investments.
  • Lower grades in Aitik, Kevitsa and Garpenberg had a negative effect on volumes.
  • Strikes in Finland had a SEK -100 m effect on EBIT.
  • The Board of Directors proposes a dividend of SEK 7.00 (8.75) per share.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Thursday, 13 February 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 13 February, 2020.

Downloads

More press releases & news

"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

For several years, Boliden and Komatsu have collaborated on the electrification and automation of mining trucks in the open pit copper mine Aitik. Now the collaboration is further deepened with a world premiere of a mining truck that can be converted to battery technology.