· Revenues totalled SEK 9,438 million (SEK 8,035 m)
· The operating profit totalled SEK 478 million (SEK -59 m)
· The operating profit, excluding the revaluation of process inventory,
totalled SEK 374 million (SEK 370 m)
· Free cash flow totalled SEK 920 million (SEK -1,477 m)
· Earnings per share totalled SEK 1.08 (SEK -0.37)
Stable production and strong cash flow
· High and stable mined production levels. Production record at Aitik.
Production began at the new Garpenberg concentrator.
· Improvements in metal prices and terms had a positive impact on the profit.
· The free cash flow of SEK 920 million resulted from lower levels of tied-up
working capital and lower investments.
· SEK -120 million (SEK -305 million) in costs in connection with planned
maintenance shutdowns in Business Area Smelters were charged to the profit.
· An agreement to acquire a copper mine and exploration rights in Finland was
entered into in early July.
Please find enclosed the full report.
The Interim Report will be presented in Stockholm and via a webcast/conference
call on Friday, 18 July at 15:00 (CET). Information is available at
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
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 18 July 2014 at 12.00 (CET).
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