STOCKHOLM, Sweden, Oct. 24, 2003 (PRIMEZONE) -- Boliden
-- Turnover for the first nine months of 2003 totalled SEK 6,962 million
(SEK 7,252 m) and SEK 2,326 million (SEK 2,196 m) for the third
quarter.
-- Earnings after net financial items increased to SEK 80 million (SEK 33
m) for the first nine months of 2003, and totalled SEK 11 million (SEK
13 m) for the third quarter.
-- The profit after tax was SEK 250 million (SEK 52 m), corresponding to
an EPS of SEK 2.92 (SEK 0.61) per share for the first nine months of
the year. The profit after tax for Q3 was SEK 81 million (SEK 22 m),
corresponding to an EPS of SEK 0.94 (SEK 0.26) per share.
-- The cashflows for the first nine months and the third quarter were SEK
34 million (SEK -480 m) and SEK -2 million (SEK -435 m), respectively.
-- Boliden and the Finnish company, Outokumpu, have signed a Letter of
Intent whereby Boliden declared its intent to acquire Outokumpu's
copper and zinc mining and smelting operations and simultaneously to
sell its Fabrication and Technology Sales operations to Outokumpu.
The transaction will make Boliden one of the world's leading mining
and smelting companies.
Boliden's homepage: www.boliden.se
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