Boliden Proposes Dividend of 11 Swedish Crowns per Share as Fourth Quarter Profits Miss Consensus

Boliden proposed an 11-crown dividend for 2025 which exceeded expectations and boosted shares. Fourth-quarter operating profit missed analyst estimates.

Insights:
Boliden AB proposed an annual dividend of 11 Swedish crowns per share for 2025 on Tuesday, a payout that exceeded expectations despite the company missing quarterly profit estimates. The proposed dividend of 11 crowns per share was higher than the LSEG estimate of 9.6 crowns. Following the announcement, shares of Boliden ABrose 4% on the day.
The proposal came as Boliden ABreported its fourth-quarter results, where quarterly operating profit excluding revaluation of process inventory rose 6.5% to 4.06 billion Swedish crowns. This figure fell short of the company-provided analysts' consensus, which was 4.13 billion crowns. The company, which operates seven mines and five smelters across the Nordic region in Sweden SESE, Ireland IEIE, and Portugal PTPT, noted that recent performance has been boosted by firmer gold prices and higher zinc prices.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.