Boliden: Interim Report, January-March 2008
12:10 08.05.08
Stable Trend During First Quarter
STOCKHOLM, Sweden--(BUSINESS WIRE)--
Regulatory News:
Boliden (STO:BOL) (TSX:BOL):
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 (EBIT) 1 231 1 286 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
The complete Interim Report can be found at www.boliden.com
This information was brought to you by Cision newsroom.cision.com
(c)2007 Business Wire. All of the news releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
12:10 08.05.08
Stable Trend During First Quarter
STOCKHOLM, Sweden--(BUSINESS WIRE)--
Regulatory News:
Boliden (STO:BOL) (TSX:BOL):
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 (EBIT) 1 231 1 286 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
The complete Interim Report can be found at www.boliden.com
This information was brought to you by Cision newsroom.cision.com
(c)2007 Business Wire. All of the news releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.