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United Kingdom

Boliden AB (BOL.ST)

BOL.ST on Stockholm Stock Exchange

286.60SEK
18 Apr 2019
Change (% chg)

-2.90kr (-1.00%)
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181.52kr

Latest Key Developments (Source: Significant Developments)

Boliden repeats 2019 investment forecast of close to SEK 8 Bln
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Boliden AB ::BOLIDEN AB SAYS BOLIDEN'S INVESTMENT FORECAST FOR 2019 IS, AS PREVIOUSLY ANNOUNCED, CLOSE TO SEK 8 BILLION.BOLIDEN AB SAYS EXPANSION OF PRODUCTION AT GARPENBERG TO 3.0 MTONNES IS PROCEEDING ON SCHEDULE.BOLIDEN AB SAYS HARJAVALTA PROJECT TO INCREASE COPPER PRODUCTION IN Q1 OF 2020 IS ALSO PROCEEDING ACCORDING TO PLAN.  Full Article

Boliden to invest EUR 125 mln in Finnish smelter expansion
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Boliden AB ::BOLIDEN EXPANDS IN FINLAND.SAYS HAS DECIDED TO EXPAND KEVITSA COPPER-NICKEL MINE AND HARJAVALTA COPPER-NICKEL SMELTER.SAYS IN TOTAL, EUR 125 M WILL BE INVESTED UNTIL 2020.SAYS INVESTS EUR 80 M IN INCREASING PRODUCTION AT KEVITSA FROM 7.5 TO 9.5 MTONNES PER YEAR FROM 2021.SAYS INVESTS EUR 45 M IN HARJAVALTA AND PORI IN ORDER TO INCREASE COPPER CATHODE PRODUCTION FROM 135,000 TONNES TO 170,000 TONNES PER YEAR.  Full Article

Boliden Q4 profit tops forecast, to make extra shareholder payout​
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Boliden AB ::SAYS ‍BOARD OF DIRECTORS PROPOSES A PAYMENT OF SEK 14.00 (5.25) PER SHARE.​.Q4 REVENUES TOTALLED SEK 13,619 MLN VS YR-AGO 12,137 MLN.SAYS ‍AN ORDINARY DIVIDEND OF SEK 8.25 (5.25) PER SHARE.​.Q4 OPERATING PROFIT, EXCLUDING REVALUATION OF PROCESS INVENTORY, TOTALLED SEK 2,912 MLN VS YR-AGO 2,106 MLN.SAYS ‍AN EXTRA PAYMENT OF SEK 5.75 PER SHARE BY AUTOMATIC SHARE REDEMPTION.​.SAYS MINES: HIGH MILLED VOLUMES AND HIGH GRADES.REUTERS POLL: BOLIDEN Q4 EBIT EX. REVALUATION PROCESS WAS SEEN AT SEK 2,448 MILLION, SALES AT SEK 12,878 MILLION, DIVIDEND AT 8.45 SEK.SAYS SMELTERS: STABLE PRODUCTION.SAYS MAINTENANCE SHUTDOWNS AT THE SMELTERS IN 2018 ARE EXPECTED TO IMPACT THE OPERATING PROFIT BY SEK -200 MLN (-415), WITH SEK -130 M (-260) AND SEK -70 M (-50) OF THIS IMPACT EXPECTED TO OCCUR IN Q2 AND Q3, RESPECTIVELY.  Full Article

Boliden proposes automatic share redemption procedure
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Boliden Ab ::BOARD PROPOSES AUTOMATIC SHARE REDEMPTION PROCEDURE.SAYS HAS GENERATED SUBSTANTIAL CASH FLOWS OVER THE PAST YEAR AND THE FINANCIAL POSITION IS STRONG.SAYS THE NET DEBT/EQUITY RATIO AT THE YEAR-END WAS 11%, WHICH MEANS THAT THE BALANCE SHEET IS LOWER THAN BOLIDEN’S TARGET OF 20% DURING AN ECONOMIC UPTURN.SAYS THE BOARD OF DIRECTORS INTENDS, THEREFORE, TO PROPOSE THAT THE AGM APPROVE AN EXTRA DIVIDEND PAYMENT OF SEK 5.75 PER SHARE BY MEANS OF AN AUTOMATIC SHARE REDEMPTION PROCEDURE.  Full Article

Drillcon Gets Order From Boliden
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Drillcon Ab ::GETS ORDER FROM BOLIDEN <<>> WITH START DATE IN Q2 2018.  Full Article

Boliden sees investments at just over 6 bln SEK in 2018
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Boliden :Says ‍during 2018, investments totalling just over SEK 6 billion are planned for primarily stripping, dam projects, a sulphuric acid plant, a deep underground repository, and a crusher station at Aitik​.Says ‍in Garpenberg, we are currently finalising a feasibility study designed to increase annual production to 3 mtonnes as of 2020​.Says ‍in Boliden area, production from 2018-2020 is set to fall due to Maurliden mine becoming mined out​.  Full Article

Boliden CEO to step down in mid-2018
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Boliden AB :Lennart Evrell resigns as CEO for boliden half way through 2018.Says ‍recruitment of his successor will begin immediately​.  Full Article

Boliden plans maintenance shutdown at Odda smelter in Q4
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Boliden Ab :Boliden's third quarter: extensive maintenance in mines and production disturbances.Says maintenance shutdown is planned at Odda smelter during the fourth quarter and is expected to be charged to the operating profit in the sum of SEK 135 mln.Says Aitik mine's production in Q3 was limited by low crusher availability.Says process disturbances at the Kokkola and Odda zinc smelters had a negative effect on production in Q3‍​.  Full Article

Boliden Q3 lags forecast as production disturbances weigh​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Boliden AB :Q3 ‍revenues totalled SEK 11,628 m (9,733)​.Q3 ‍operating profit, excluding revaluation of process inventory, totalled SEK 1,744 m​.Reuters poll: Boliden Q3 EBIT ex. revaluation process was seen at SEK 2,295 million, sales at SEK 12,293 million.Says ‍grades were lower than in previous quarter in all mining areas with exception of Kevitsa​.Says ‍production disturbances and extensive maintenance had a negative effect on mined production​.Says saw production disturbances at the zinc smelters.  Full Article

Boliden Q2 core profit tops forecast on strong mining business
Thursday, 20 Jul 2017 

July 20 (Reuters) - Boliden AB :Q2 revenues totalled SEK 11,554 m (9,596).Boliden AB Q2 operating profit, excluding revaluation of process inventory, totalled SEK 2,196 m (901).Says increase on the back of improved metal prices and high mined production.Says maintenance shutdowns at smelters were charged to profit of SEK 260 m (210) and items affecting comparability impacted profit with SEK 0 m (209).Reuters poll: Boliden Q2 EBIT ex. revaluation process was seen at SEK 1,780 million, sales at SEK 11.8 billion.Says maintenance shutdowns are planned at Ronnskar, Odda and Bergsoe during the third quarter and are expected to be charged to the operating profit in the sum of SEK 50 m (50)..Says impact on the profit of maintenance shutdowns in the fourth quarter is estimated at SEK 135 m (0)..  Full Article

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Sixth straight day of losses for European stocks as banks, autos, tech, fall

LONDON European shares failed to rebound on Wednesday as weak results from chipmaker STMicro and Deutsche Bank, and falling U.S. stocks, kept the mood bearish despite strong results from Gucci owner Kering that boosted the luxury sector.