Boliden: Full-year Report 2006.Strong Global Metals Market Provided Record Profit for Boliden Boliden is a small community within Skellefteå Municipality in Sweden. The community lies 28,5 kilometers from Skellefteå City and is home to 1,556 inhabitants (2003). STOCKHOLM, Sweden -- Boliden (STO STO Store (calculator function) STO Société de Transport de l'Outaouais (French) STO Strategic Technology Office (DARPA) STO Security Through Obscurity STO Service to Others :BOL BOL Bolivia (ISO Country code) BOL Books Online BOL Bole (SIL code, Nigeria) BOL Bill Of Lading BOL Beginning Of Line BOL Best Of Luck BOL Buzz Out Loud BOL Bruin Online BOL Beginning Of Life ) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BOL): Q4 2006 * Revenues rose to SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 9,728 million (SEK 6,372 m). * The operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. improved to SEK 2,225 million (SEK 1,634 m). * The profit for the period increased to SEK 1,750 million (SEK 1,189 m). * Earnings per share strengthened to SEK 6.04 (SEK 4.11). Full year 2006 * Revenues rose to SEK 35,213 million (SEK 20,441 m). * The operating profit improved to SEK 8,522 million (SEK 3,069 m). * The profit for the period increased to SEK 6,268 million (SEK 2,046 m). * Earnings per share strengthened to SEK 21.66 (SEK 7.07). Important events * The Board of Directors proposes to the Annual General Meeting an ordinary dividend of SEK 4 (2) per share and a share redemption corresponding to SEK 12 per share. It is proposed that, in all, SEK 4.6 billion be returned to shareholders. * The Board of Directors is requesting a mandate for a buy-back program of the Company's own shares, up to a maximum of 10 per cent of the outstanding shares. * Decision to invest SEK 5.2 billion to double ore production from 18 to 36 million tonnes at the Aitik copper mine. * Decision to double the investments in exploration for 2007 to SEK 300 million. * Extension of metal price hedging for copper, lead, silver and gold until 2009. See attached the complete Full-year Report www.boliden.com This information was brought to you by Waymaker http://www.waymaker.net |
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