Boliden: Q4 Interim Report and Year-end report for 2021
Boliden's Q4 2021 report reveals revenues of SEK 17,755 m, up from SEK 16,170 m in the previous year.
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Rhea-AI Summary
Boliden's Q4 2021 report reveals revenues of SEK 17,755 m, up from SEK 16,170 m in the previous year. Operating profit increased to SEK 3,214 m, with adjusted profit at SEK 2,835 m. Free cash flow decreased to SEK 2,008 m from SEK 2,750 m. Earnings per share rose to SEK 9.27. Despite production disruptions at Harjavalta and Tara, the Board proposed a dividend of SEK 26.00 per share, which includes an ordinary dividend of SEK 10.50 and an extra payment of SEK 15.50.
Positive
- Revenue increased to SEK 17,755 m from SEK 16,170 m.
- Operating profit grew to SEK 3,214 m, despite inventory revaluation.
- Earnings per share rose to SEK 9.27 from SEK 8.60.
- Board proposed a total dividend of SEK 26.00 per share.
Negative
- Free cash flow decreased to SEK 2,008 m from SEK 2,750 m.
- Production disruptions occurred at Harjavalta and Tara.
Details
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BOLIDEN, Sweden, Feb. 11, 2022 /PRNewswire/ --
Q4 2021
- Revenues totaled SEK 17,755 m (16,170)
- The operating profit totaled SEK 3,214 m (3,077)
- The operating profit, excluding the revaluation of process inventory, totaled SEK 2,835 m (3,043)
- Free cash flow totaled SEK 2,008 m (2,750)
- Earnings per share totaled SEK 9.27 (8.60)
Strong result despite disruptions in production
- High metal prices
- Production disruptions in Harjavalta and Tara.
- The Board of Directors proposes a payment to the shareholders of SEK 26.00 per share through
- an ordinary dividend of SEK 10.50 (8.25) per share.
- an extra payment of SEK 15.50 (6.00) per share through automatic share redemption.
Please find enclosed the full Interim Report.
The Interim Report will be presented via a webcast/conference call on Friday,
February 11 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
E-mail: 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 11 February, 2022.
Boliden is a metals company with a focus on sustainable development. Our roots are Nordic, our market global. Our core competence lies within the fields of exploration, mining, smelting and metal recycling. Boliden has around 6,000 employees and an annual turnover of SEK 50 billion. The share is listed in the Large Cap segment on NASDAQ OMX Stockholm.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/boliden/r/q4-interim-report-and-year-end-report-for-2021,c3504512
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View original content:https://www.prnewswire.com/news-releases/boliden-q4-interim-report-and-year-end-report-for-2021-301480477.html
SOURCE Boliden
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