| Q3 2014 INTERIM REPORT | |
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Q3 2014
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Revenues totalled SEK 9,287 million (SEK 8,471 m)
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The operating profit totalled SEK 858 million (SEK 681 m)
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The operating profit, excluding the revaluation of process inventory, totalled SEK 711 million (SEK 603 m)
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Free cash flow totalled SEK 728 million (SEK 436 m)
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Earnings per share totalled SEK 2.24 (SEK 1.81)
Improvements in prices and terms offset lower grades at Aitik
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Improvements in zinc prices and a weaker SEK had a positive impact on the profit.
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Copper concentrate production levels fell due to low grades at Aitik.
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Planned maintenance shutdowns in Business Area Smelters impacted the profit with SEK -85 million (SEK -25 m).
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The aggregate impact on the profit for the quarter of the tank breakdown at Kokkola totalled SEK 50 million.
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The acquisition of the Kylylahti copper mine and exploration rights in Finland was completed on 1 October.
Please find enclosed the full report.
The Interim Report will be presented in Stockholm and via a webcast/conference call on Wednesday, 22 October at 15:00 (CET). Information is available at www.boliden.com.
Contact persons for information:
Lennart Evrell, President & CEO Tel: +46 8 610 15 00
Mikael Staffas, CFO Tel: +46 8 610 15 00
Sophie Arnius, Director Investor Relations Tel: +46 8 610 15 23
+46 70 590 8072
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 22 October 2014 at 12.00 (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. |