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Boliden Q1 Profit, Revenue Climb

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Boliden AB (BDNNF), a Swedish metals, mining, and smelting company, Wednesday reported profit after financial items of SEK 2.757 billion for the first quarter, significantly higher than SEK 1.411 billion in the same quarter a year ago, primarily helped by higher metal prices.

Operating profit increased to SEK 3.062 billion from SEK 1.615 billion last year.

Net profit was SEK 2.191 billion or SEK 7.99 per share, up from SEK 1.139 billion or SEK 4.16 per share a year ago.

Revenue for the quarter grew to SEK 21.121 billion from $18.481 billion in the previous year.

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