Boliden Q2 2026: Continued favorable metal prices

PR Newswire

STOCKHOLM, July 21, 2026

STOCKHOLM, July 21, 2026 /PRNewswire/ -- "The first half of 2026 has in many ways been a continuation of the path Boliden has been on for quite some time. We face some challenges, but with 12 business units one cannot always expect smooth sailing everywhere, and our long-term journey remains positive" - Mikael Staffas, President and CEO.

FinancialsRevenues: SEK 25,733 m (22,285)Operating profit: SEK 3,194 m (1,094)Operating profit excl. PIR*: SEK 2,872 m (1,281)Free cash flow: SEK -2,114 m (-12,354)Earnings per share: SEK 7.81 (2.02)*Process Inventory RevaluationHighlightsOperating profit excluding revaluation of process inventory totaled SEK 2,872 m (1,281)Free cash flow was SEK -2,114 m (-12,354), mainly due to inventory build upSignificantly lower earnings contribution from Garpenberg, which restarted according to plan after seismic eventStrong contribution from acquired minesImproved milled volume at AitikRamp-up of the Odda expansion ongoing, but slower pace than expectedGeopolitical turbulence contributed to higher costsThe second quarter planned maintenance in Smelters had a SEK -350 m (-400) impact on operating profitThe Interim Report will be presented via webcast/conference call on Tuesday, July 21 at 09:30 (CEST). Information is available at www.boliden.com.For further information, please contact:Olof GrenmarkDirector Investor Relations+46-70 291 57 80olof.grenmark@boliden.comThis information is information that Boliden AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CEST on July 21, 2026.This information was brought to you by Cision http://news.cision.comhttps://news.cision.com/boliden/r/boliden-q2-2026--continued-favorable-metal-prices,c4376313The following files are available for download: