Boliden Q3 operating profit jumps 67% to SEK 5.42 billion
NEXA•Boliden’s third-quarter operating profit rose 67% to SEK 5.42 billion, while revenue increased 39% to SEK 30.44 billion and free cash flow fell 51% to SEK 1.12 billion. The company agreed to acquire 64.68% of Nexa Resources and plans a voluntary cash offer for the remaining shares after completion.
1. Quarterly results and deal
Boliden reported third-quarter operating profit of SEK 5.42 billion, up 67%, and revenue of SEK 30.44 billion, up 39%; free cash flow fell 51% to SEK 1.12 billion. The company agreed to acquire 64.68% of Nexa Resources, with a voluntary cash offer for the remaining shares to follow completion. Kevitsa recorded its highest milled volume, while Harjavalta achieved record nickel throughput.
