Boliden: Q4 Interim Report and year-end report for 2022

News provided by

Boliden

Feb 14, 2023, 02:04 ET

STOCKHOLM, Feb. 14, 2023 /PRNewswire/ --

Revenues totaled SEK 23,577 m (17,755)
The operating profit totaled SEK 3,229 m (3,214)
The operating profit, excluding the revaluation of process inventory, totaled SEK 3,190 m (2,835)
Free cash flow totaled SEK 3,520 m (2,008)
Earnings per share totaled SEK 9.42 (9.27)

Strong cash flow despite large investments

Improved prices and terms
Lower grades contributed to lower production of metal in concentrate in Mines
Stable production in Smelters
Impairment of exploration rights in Kylylahti of SEK -259 m
The Board of Directors proposes a payment to the shareholders of SEK 26.50 (26.00) per share through:

an ordinary dividend of SEK 15.00 (10.50) per share.
an extra payment of SEK 11.50 (15.50) per share through automatic share redemption.

Please find enclosed the full Interim Report.

The Interim Report will be presented via a webcast/conference call on Tuesday,

February 14 at 09:30 (CET). Information is available at www.boliden.com.

Contact persons for information:

Mikael Staffas, President and CEO Tel: +46 8 610 15 00
Håkan Gabrielsson, CFO Tel: +46 8 610 15 00
Olof Grenmark, Director Investor Relations Tel: +46 70 291 57 80

E-mail: [email protected]

This information is information that Boliden AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Director Investor Relations, at 07.45 CET on February 14, 2023.

The following files are available for download:

https://mb.cision.com/Main/997/3714254/1846091.pdf

Report (PDF)

SOURCE Boliden