Boliden: Q3 Interim Report 2023

Rhea-AI Summary

Boliden releases Q3 2023 interim report

Positive

• Revenues totaled SEK 19,396 m
• Operating profit excluding revaluation of process inventory totaled SEK 1,940 m
• Production at Rönnskär ramped up and operating according to modified business model

Negative

• Operating profit decreased to SEK 1,912 m
• Free cash flow totaled SEK -1,200 m
• Earnings per share decreased to SEK 4.96

STOCKHOLM, Oct. 20, 2023 /PRNewswire/ -- 

Q3 2023

• Revenues totaled SEK 19,396 m (19,480) 

• The operating profit totaled SEK 1,912 m (3,550)

• The operating profit excluding revaluation of process inventory totaled SEK 1,940 m (3,484)

• Free cash flow totaled SEK -1,200 m (97)

• Earnings per share totaled SEK 4.96 (9.90)

Key investment projects on track

• Decreasing metal prices

• Tara mine in care and maintenance

• Stable milled volumes except in Aitik

• Low grades

• Production at Rönnskär ramped up and operating according to modified business model

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Friday, October 20 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

Email: olof.grenmark@boliden.com 

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 October 20, 2023.

 

The following files are available for download:

https://mb.cision.com/Main/997/3857468/2372826.pdf

Report

 

View original content:https://www.prnewswire.com/news-releases/boliden-q3-interim-report-2023-301962917.html

SOURCE Boliden

What were the total revenues in Q3 2023?

The total revenues in Q3 2023 were SEK 19,396 m.

What was the operating profit excluding revaluation of process inventory?

The operating profit excluding revaluation of process inventory was SEK 1,940 m.

How is production at Rönnskär?

Production at Rönnskär has ramped up and is operating according to a modified business model.

What was the operating profit in Q3 2023?

The operating profit in Q3 2023 was SEK 1,912 m.

What was the free cash flow in Q3 2023?

The free cash flow in Q3 2023 was SEK -1,200 m.

What were the earnings per share in Q3 2023?

The earnings per share in Q3 2023 were SEK 4.96.