Boliden AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	93,509	89,207	78,554	86,437	68,636
Revenue Growth (YoY)	4.82%	13.56%	-9.12%	25.94%	21.87%
Cost of Revenue	77,722	76,305	67,817	68,290	55,706
Gross Profit	15,787	12,902	10,737	18,147	12,930
Selling, General & Admin	1,958	2,041	1,841	1,683	1,149
Research & Development	1,292	1,136	1,151	1,048	965
Other Operating Expenses	-47	-81	11	64	83
Operating Expenses	3,203	3,096	3,003	2,795	2,197
Operating Income	12,584	9,806	7,734	15,352	10,733
Interest Expense	-1,092	-954	-693	-251	-118
Interest & Investment Income	158	218	204	49	1
Earnings From Equity Investments	4	-	-1	-	-
Currency Exchange Gain (Loss)	239	257	209	437	209
Other Non Operating Income (Expenses)	-76	-111	-58	-24	-13
EBT Excluding Unusual Items	11,817	9,216	7,395	15,563	10,812
Gain (Loss) on Sale of Assets	19	-	25	-	6
Other Unusual Items	-	-	-	19	16
Pretax Income	11,901	12,555	7,600	15,602	10,840
Income Tax Expense	2,492	2,529	1,526	3,191	2,135
Earnings From Continuing Operations	9,409	10,026	6,074	12,411	8,705
Minority Interest in Earnings	-5	-4	-1	-1	-4
Net Income	9,404	10,022	6,073	12,410	8,701
Net Income to Common	9,404	10,022	6,073	12,410	8,701
Net Income Growth	-6.17%	65.03%	-51.06%	42.63%	27.98%
Shares Outstanding (Basic)	282	273	274	274	274
Shares Outstanding (Diluted)	282	273	274	274	274
Shares Change (YoY)	2.99%	-0.01%	-0.00%	-	-
EPS (Basic)	33.39	36.65	22.20	45.37	31.81
EPS (Diluted)	33.39	36.65	22.20	45.37	31.81
EPS Growth	-8.89%	65.05%	-51.06%	42.63%	27.97%
Free Cash Flow	5,243	2,693	-3,237	6,428	7,187
Free Cash Flow Per Share	18.62	9.85	-11.84	23.50	26.28
Dividend Per Share	11.000	-	7.500	15.000	10.500
Dividend Growth	-	-	-50.00%	42.86%	27.27%
Gross Margin	16.88%	14.46%	13.67%	20.99%	18.84%
Operating Margin	13.46%	10.99%	9.84%	17.76%	15.64%
Profit Margin	10.06%	11.24%	7.73%	14.36%	12.68%
Free Cash Flow Margin	5.61%	3.02%	-4.12%	7.44%	10.47%
EBITDA	21,154	16,410	13,869	21,409	16,267
EBITDA Margin	22.62%	18.39%	17.66%	24.77%	23.70%
D&A For EBITDA	8,570	6,604	6,135	6,057	5,534
EBIT	12,584	9,806	7,734	15,352	10,733
EBIT Margin	13.46%	10.99%	9.84%	17.76%	15.64%
Effective Tax Rate	20.94%	20.14%	20.08%	20.45%	19.70%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.