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Q1 2016
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Revenues totalled SEK 8,849 m (10,407)
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The operating profit totalled SEK 888 m (1,205)
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The operating profit, excluding the revaluation of process inventory, totalled SEK 769 m (1,102)
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Free cash flow totalled SEK 210 m (19)
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Earnings per share totalled SEK 2.40 (3.27)
Good result in Smelters
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The downturn in profit from the previous year was primarily a consequence of lower metal prices.
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The net debt/equity ratio was 21% (33).
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Competition authorities have approved the acquisition of the Kevitsa nickel-copper mine in northern Finland.
Please find enclosed the full report.
The Interim Report will be presented via a webcast/conference call on Tuesday, 3 May at 09:00 (CET). Information is available at www.boliden.com
Contact persons for information:
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Lennart Evrell, President & CEO
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Tel: +46 8 610 15 00
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Håkan Gabrielsson, CFO
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Tel: +46 8 610 15 00
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Sophie Arnius, Director Investor Relations
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Tel: +46 8 610 15 23
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+46 70 590 8072
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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 3 May 2016 at 07:45 (CET).
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Boliden Mineral AB
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PRODUCER |
CODE : BOL.ST |
ISIN : SE0000869646 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Boliden Mineral is a molybdenum exploration company based in Sweden. Boliden Mineral produces molybdenum, copper, gold, lead, silver and zinc in Ireland and in Sweden, and holds various exploration projects in Argentina, in Burkina Faso, in Canada, in Mexico, in Spain and in Sweden. Its main assets in production are BOLIDEN AREA OPERATIONS (BAO), AITIK, SKELLEFTE MINING DISTRICT and GARPENBERG in Sweden and TARA MINE (NAVAN) in Ireland and its main exploration properties are TY and PREMIER-BIG MISSOURI & MILL in Canada, LAISVALL MINE in Sweden and LOS FRAILES (APIRSA) in Spain. |