Interim Report, January-March 2008 Stable trend during first quarter Q1 2008 · Revenues rose to SEK 9,303 million (SEK 8,455 m). · The operating profit fell to SEK 1,231 million (SEK 1,286 m). · The profit after tax was SEK 1,263 million (SEK 921 m). · Earnings per share totalled SEK 4.62 (SEK 3.18). · The free cash flow totalled SEK 1,198 million (SEK 1,117 m). · Boliden was granted a deficit deduction of SEK 1,557 million, yielding a tax receipt of SEK 436 million during the first quarter. · Increased ore reserves and mineral assets. · Environmental licence granted for Aitik expansion. Summary of financial performance Q1 Q1 Full year SEK m 2008 2007 2007 Revenues 9 303 8 455 33 204 Operating profit 1 231 1 286 (EBIT) 5 428 Profit before tax 1 133 1 261 5 196 Profit after tax 1 1 263 921 3 787 Earnings per share 2 4.62 3.18 13.37 Free cash flow 3 1 198 1 117 1 212 Return on capital employed, % 25 28 29 Return on equity, % 4 39 22 26 Net debt/ Shareholders' equity, % 31 -8 43 1) of which SEK 436 million are tax receipt 2)of which 1.59 are tax receipt 3)refers to cash flow before financing operations 4)of which 13% are tax receipt Contact persons for information: Lennart Evrell, President & CEO Tel:+46 70 208 32 13 lennart.evrell@boliden.com Carina Wång, Acting CFO Tel:+46 70 208 32 13 carina.wang@boliden.com See attached the complete Interim Report www.boliden.com
Interim Report, January-March 2008
| Source: Boliden AB