Interim Report, January-June 2008 Lower zinc prices and weaker US dollar cut profits Q2, 2008 • Revenues totalled SEK 7,885 million (SEK 9,292 m). • The operating profit was SEK 406 million (SEK 2,220 m). • Earnings per share totalled SEK 0.95 (SEK 5.56). • The free cash flow totalled SEK 290 million (SEK 451 m). • Substantial decrease of operating capital • Increased credit facility totalling approximately SEK 5 billion. • Metal prices hedged for 2010. First six months, 2008 • Revenues totalled SEK 17,187 million (SEK 17,748 m). • The operating profit was SEK 1,637 million (SEK 3,506 m). • Earnings per share totalled SEK 5.56 (SEK 8.74). • The free cash flow totalled SEK 1,488 million (SEK 1,586 m). • Approval of a deficit deduction of SEK 1,557 million yielded a tax receipt of SEK 436 million. • Increased ore reserves and mineral assets. Contact persons for information: Lennart Evrell, President & CEO Tel (exchange): +46 8 610 15 00 lennart.evrell@boliden.com Carina Wång, Acting CFO Tel (exchange): +46 8 610 15 00 carina.wang@boliden.com Stefan Lundewall, IR contact Tel: +46 8 610 15 20, cell +46 70 208 32 13 stefan.lundewall@ext.boliden.com See attached the complete Interim Report www.boliden.com
Interim Report, January-June 2008
| Source: Boliden AB