Boliden shares rise on 'strong set' of Q4 results

Boliden AB

03/02/2026 08:36

** Shares in Boliden BOL.ST rise 3.5% after the Swedish industrial group reported what RBC describes as a strong set of Q4 results, helped by FCF beat

** The Swedish mining and smelting group's Q4 FCF comes in at SEK 2,689 mln ($301.34 million)

** FCF and net debt beat expectations, supported by much larger working capital release, J.P.Morgan says

** RBC flags stronger-than-expected working-capital release, large process inventory revaluation, higher-than-expected final dividend

** Boliden proposes a dividend of SEK 11/share, beating an LSEG estimate of SEK 9.6

** Its Q4 operating profit excluding revaluation of process inventory rises 6.5% y/y to SEK 4.06 bln, while its EBIT missed company-provided consensus but was 16% ahead of JPMorgan's estimate

** Up to the previous session's close, shares were up 21.8%​ YTD

($1 = 8.9234 Swedish crowns)

(Reporting by Agnieszka Gosciak-Rabalska)

((Agnieszka.Gosciak@thomsonreuters.com; +48 58 769 66 00;))