"Our underlying cash flow is strong and our production all-in-all is stable,
despite challenging market conditions and extensive planned maintenance during
the quarter" - Mikael Staffas, President and CEO.
Financials
. Revenues: SEK 22,285 m (22,748)
. Operating profit: SEK 1,094 m (4,814)
. Operating profit excl. PIR*: SEK 1,281 m (4,000)
. Free cash flow: SEK -12,354 m (401)
. Earnings per share: SEK 2.02 (13.20)
*Process Inventory Revaluation
Highlights
. Operating profit excluding revaluation of process inventory totaled
SEK 1,281 m, including items affecting comparability of SEK -126 m (SEK 4,000 m,
including SEK 2,042 m items affecting comparability)
. Free cash flow excluding the acquisition was SEK 2,035 m
. Free cash flow was SEK -12,354 m (401) including the consideration for
acquisitions of
SEK -14,389 m (0)
. Net debt/equity ratio at low 29% (24), despite the significant
acquisition
. A weaker USD contributed negatively with around SEK -600 m versus both
the previous quarter and the second quarter of 2024
. Lower treatment charges contributed negatively versus both the
previous quarter and the second quarter of 2024
. Well executed, more extensive, planned maintenance in Smelters with a
SEK -400 m (-350) impact on operating profit
. Somincor and Zinkgruvan were consolidated into Boliden per April 16
. Record mine production (waste rock and ore) at Aitik
The Interim Report will be presented via webcast/conference call on Friday, July
18 at 09:30 (CEST). Information is available at www.boliden.com.
For further information, please contact:
Olof Grenmark
Director Investor Relations
+46-70291 57 80
olof.grenmark@boliden.com
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 CEST on July 18, 2025.
Metals for generations to come
Boliden's vision is to be the most climate-friendly and respected metal provider
in the world. We are Europe's producer of sustainable metals and, guided by our
values care, courage and responsibility, we operate within exploration, mines,
smelters and recycling. We are around 8,000 employees and have annual revenues
of approximately SEK 90 billion. The share is listed in the Large Cap segment of
NASDAQ Stockholm.
www.boliden.com