Boliden: Q4 Interim and Year-End Report for 2015

BOLIDEN, Sweden--()--Q4 2015

· Revenues totalled SEK 9,699 m (9,614)

· The operating profit totalled SEK 416 m (1,158)

· The operating profit, excluding the revaluation of process inventory, totalled SEK 596 m (1,134)

· Free cash flow totalled SEK 36 m (366)

· Earnings per share totalled SEK 1.05 (3.06)

Profits affected by falling metal prices

· The earnings trend was primarily a consequence of falling metal prices.

· Items affecting comparability, totalling SEK -45m, had an impact on the profit.

· The net debt/equity ratio was 23% (35).

· Quarter on quarter increase in both Smelters’ copper feed and mined production.

· The Board of Directors proposes a dividend for 2015 of SEK 3.25 (2.25) per share.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Thursday, 11 February at 09:30 (CET). Information is available at www.boliden.com.

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 8072

The information provided comprises information that Boliden (STO:BOL) (TSX:BLS) 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 11 February 2016 at 07:45 (CET).

This information was brought to you by Cision http://news.cision.com

Contacts

Boliden
Klarabergsviadukten 90 101 20 Stockholm
+46 (0)8 610 15 00
+46 (0)8 31 55 45
http://www.boliden.com
info@boliden.se

Contacts

Boliden
Klarabergsviadukten 90 101 20 Stockholm
+46 (0)8 610 15 00
+46 (0)8 31 55 45
http://www.boliden.com
info@boliden.se