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Boliden AB (BOL.ST)

BOL.ST on Stockholm Stock Exchange

245.60SEK
2:23pm IST
Change (% chg)

3.65kr (+1.51%)
Prev Close
241.95kr
Open
242.15kr
Day's High
246.15kr
Day's Low
241.50kr
Volume
762,460
Avg. Vol
1,436,256
52-wk High
328.40kr
52-wk Low
221.85kr

Latest Key Developments (Source: Significant Developments)

Boliden Q2 Adjusted Operating Profit Misses Estimate
Friday, 20 Jul 2018 

July 20 (Reuters) - Boliden AB ::Q2 REVENUES TOTALLED SEK 14,071 M (11,554).Q2 OPERATING PROFIT, EXCLUDING REVALUATION OF PROCESS INVENTORY,TOTALLED SEK 2,329 M (2,196).REUTERS POLL: BOLIDEN Q2 EBIT EX. REVALUATION OF PROCESS INVENTORY WAS SEEN AT SEK 2,439 MILLION, SALES AT SEK 13,585 MILLION.PRICES AND TERMS CONTINUED TO BE FAVOURABLE OVER Q2.IN Q2, GROWTH IN EUROPE FELL SLIGHTLY FROM LEVELS IN THE PREVIOUS QUARTER, BUT REMAINED HIGH AND STABLE IN BOTH THE USA AND CHINA.QUARTER WAS CHARACTERISED BY FINANCIAL MARKETS’ CONCERNS ABOUT NEW TRADE BARRIERS AND THE WAYS IN WHICH THEY WILL AFFECT GLOBAL ECONOMIC GROWTH.INDUSTRIAL PRODUCTION CONTINUED, HOWEVER, TO GROW STRONGLY DURING THE SECOND QUARTER.CONSTRUCTION SECTOR INVESTMENTS INCREASED, AND GLOBAL AUTOMOTIVE PRODUCTION GREW AT A HIGHER RATE THAN IN THE PREVIOUS QUARTER.  Full Article

YIT Signs Agreement With Boliden On Expansion Of Water Basin In Gällivare
Monday, 9 Jul 2018 

July 9 (Reuters) - Yit Oyj ::YIT HAS SIGNED AN AGREEMENT WITH BOLIDEN ON THE EXPANSION OF A WATER BASIN IN GÄLLIVARE, NOTHERN SWEDEN.PROJECT WILL BE INCLUDED IN ORDER BACKLOG IN Q3 OF YEAR..PARTIES HAVE AGREED THAT TRANSACTION VALUE WILL NOT BE PUBLISHED..PARTIES HAVE AGREED THAT TRANSACTION VALUE WILL NOT BE PUBLISHED..PROJECT WILL BE INCLUDED IN ORDER BACKLOG IN Q3 OF YEAR..CONSTRUCTION WORK IS SCHEDULED TO BEGIN IN MAY 2018 AND WILL BE COMPLETED IN NOVEMBER 2020.  Full Article

Outotec To Deliver Technology For Boliden's Sulfuric Acid Plant In Sweden
Wednesday, 20 Jun 2018 

June 20 (Reuters) - OUTOTEC OYJ ::OUTOTEC TO DELIVER TECHNOLOGY FOR BOLIDEN'S SULFURIC ACID PLANT IN SWEDEN.ORDER HAS BEEN BOOKED IN OUTOTEC'S 2018 Q2 ORDER INTAKE..OUTOTEC'S DELIVERIES WILL TAKE PLACE IN SECOND HALF OF 2019.TYPICALLY ORDERS OF THIS SIZE AND SCOPE ARE VALUED AT OVER EUR 10 MILLION..  Full Article

Boliden Signs EUR 770 Million Credit Agreement
Wednesday, 9 May 2018 

May 9 (Reuters) - Boliden AB ::BOLIDEN SIGNS EUR 770 MILLION CREDIT AGREEMENT.  Full Article

Boliden Q1 core profit beats forecast
Friday, 27 Apr 2018 

April 27 (Reuters) - Boliden AB ::Q1 OPERATING PROFIT, EXCLUDING REVALUATION OF PROCESS INVENTORY, TOTALLED SEK 2,724 M (2,061).Q1 REVENUES TOTALLED SEK 13,331 M (12,730).REUTERS POLL: BOLIDEN Q1 EBIT EX. REVALUATION OF PROCESS INVENTORY WAS SEEN AT SEK 2,488 MILLION, SALES AT SEK 13.0 BILLION.SAYS MAINTENANCE SHUTDOWNS OF THE SMELTERS IN 2018 ARE EXPECTED TO IMPACT THE OPERATING PROFIT BY SEK -200 M (-415), WITH SEK -130 M (-260) AND SEK -70 M (-50) OF THIS IMPACT EXPECTED TO OCCUR DURING THE SECOND QUARTER AND THIRD QUARTER, RESPECTIVELY.SAYS SAW HIGH GRADES AT AITIK AND TARA .SAYS NEW INFORMATION OBTAINED FROM DRILLING WORK IN HIGH GRADE AREAS AT AITIK RESULTED IN THE ESTIMATED COPPER GRADE FOR THE REMAINDER OF 2018 BEING SET AT 0.26% IN AN UPGRADE ON THE PREVIOUS ESTIMATED FIGURE.  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

UPDATE 1-Mining firm Boliden profit hit by cost rise, shares tumble

STOCKHOLM, July 20 Shares in Swedish mining and smelting company Boliden fell as much as 8 percent on Friday after its second-quarter adjusted operating profit missed expectations due to rising costs and lower production across its mines.