Brief: Boliden Q3 Operating Profit Below Consensus At SEK 3,550 Million

Boliden AB

20/10/2022 06:52

Oct 20 (Reuters) - Boliden AB  BOL.ST :
    * Q3 INTERIM REPORT 2022
    * Q3 REVENUE SEK 19,480 MILLION (REFINITIV POLL: SEK 20,770
MILLION)
    * Q3 OPERATING PROFIT SEK 3,550 MILLION (REFINITIV POLL: SEK
3,622
MILLION)
    * GLOBAL DEMAND FOR ZINC WAS UNCHANGED COMPARED TO THE THIRD
QUARTER 2021, WHILE SMELTER PRODUCTION FELL BY 2%
    * Q3 INVESTMENTS TOTALED SEK 2.5 BILLION (1.5)
    * TOTAL INVESTMENTS FOR 2023 ARE ESTIMATED AT JUST UNDER SEK
15
BILLION, OF WHICH HALF CONSISTS OF EXPANSION INVESTMENTS IN ODDA
AND KRISTINEBERG AND THE INVESTMENT IN NEW DAM CONSTRUCTION IN
AITIK
    * IN Q3 INFLATION WITH RESPECT TO OPERATING EXPENSES
EXCLUDING
PERSONNEL COSTS IS ESTIMATED TO HAVE REACHED SLIGHTLY LESS THAN
20% YEAR ON YEAR

Source text for Eikon:  ID:nWkr3t7WkY 
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