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Earnings Data
Report Date
Jul 21, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.69Last Year’s EPS
0.42Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial picture: strong metal price environment (especially precious metals) drove substantial earnings upside (EPS +40%), solid cash generation (SEK 2.7 billion FCF), balance-sheet improvement (net debt/equity ~20%), and a robust R&R update that materially extends mine lives. Challenges include lower grades at some sites, ramp-up shortfalls (Tara, Aitik diorite issues), pressure on zinc smelters, high ongoing CapEx, tax cash catch-up and near-term working capital tie-ups, and an appealed environmental permit at Garpenberg. Overall the positive drivers (market tailwinds, cash flow, R&R gains, strong site performances and project ramp-up progress) materially outweigh the operational and timing headwinds.Company Guidance
Strong Quarterly and Sequential Earnings
Operating profit excluding process inventory of SEK 4.1 billion in Q4; operating profit including process inventories SEK 5.8 billion (substantial increase vs prior year). Quarterly profit described as 'a little bit more than SEK 4 billion' and one of the top quarterly results in company history.
Earnings Per Share Growth
Earnings per share of SEK 15.31 in Q4, a 40% increase compared to last year.
Healthy Cash Generation
Free cash flow of SEK 2.7 billion in the quarter despite record-level investments; third consecutive quarter of working capital release.
Balance Sheet Strengthening
Net debt-to-equity reduced to around 20%, providing robust financing headroom for projects and dividends.
Dividend Alignment with Policy
Board recommended dividend of SEK 11 per share, in line with payout policy of one-third of net profit.
Precious Metal Price Tailwind
Stronger metal prices—notably silver and gold—drove a material positive impact (metal prices alone contributed ~SEK 2.5 billion vs prior year before offsets), benefiting both mines and smelters.
Operational Highlights at Site Level
Aitik: continued strong mine production and improving grades; Garpenberg: second-best quarter for throughput and strong annual EBIT of SEK 4.4 billion; Boliden Area delivered ~SEK 2 billion EBIT; Harjavalta delivered record copper cathode production and >SEK 1.5 billion annual result; Ronnskar produced SEK 1 billion annual result despite tankhouse rebuild.
Odda Commissioning Progress
Odda leach commissioning progressing well with initial deliveries made; company expects ramp-up toward full production during the current quarter and believes prior EUR 150 million annual uplift estimate is conservative given higher silver prices.
Ronnskar One-off Positive Cash Effect
Recognized a one-off positive recovery/adjustment of approximately SEK 410 million linked to handling metals after the Ronnskar fire; management confirmed this has been converted to cash by end-Q4.
Strong R&R (Reserves & Resources) Update
Significant R&R improvements: Boliden Area reserves extended from 2033 to 2036 (+3 years); Garpenberg reserves/resources very strong (approaching ~25 years life of mine); Nautanen and Aitik resources increased (Nautanen + Aitik >50 million tonnes indicated+inferred); Garpenberg resources increased by ~25–30 million tonnes; total resources approaching ~150 million tonnes — management calls the R&R update 'very strong'.
Safety and ESG Progress
Lost-time injury frequency ended the year at 3.6 (best year in company history); greenhouse gas emissions trending in the right direction; sick leave improving toward pre-COVID levels.
BDNNY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BDNNY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $109.90 | $105.58 | -3.93% |
Feb 03, 2026 | $137.82 | $146.26 | +6.12% |
Oct 22, 2025 | $85.53 | $86.29 | +0.89% |
Jul 18, 2025 | $61.11 | $60.92 | -0.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Boliden (BDNNY) report earnings?
Boliden (BDNNY) is schdueled to report earning on Jul 21, 2026, Before Open (Confirmed).
What is Boliden (BDNNY) earnings time?
Boliden (BDNNY) earnings time is at Jul 21, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BDNNY EPS forecast?
BDNNY EPS forecast for the fiscal quarter 2026 (Q2) is 1.69.