Sweden's Boliden Q4 EBIT misses analyst expectations

Boliden AB

03/02/2026 06:52

Corrects throughout to show operating profit was SEK 4,061 mln, not SEK 3,174 mln; and removes incorrect comparison to analyst estimates

Overview

Swedish metals producer's Q4 revenue rose yr/yr to SEK 28,131 mln

Q4 operating profit excl. inventory revaluation rose to SEK 4,061 mln

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

METAL PRICES - Stronger prices for precious metals positively impacted revenues

RECORD MINE PROFIT - Operating profit in Mines reached a new quarterly record despite lower grades

COPPER CATHODE PRODUCTION - Record high production of copper cathodes in Harjavalta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Operating profit (excl. inventory revaluation)
SEK 4,061 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 10 "hold" and 5 "sell" or "strong sell"

The average consensus recommendation for the specialty mining & metals peer group is "buy."

Wall Street's median 12-month price target for Boliden AB is SEK550.00, about 12.4% below its February 2 closing price of SEK627.60

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nWkr5Bs30S

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)