Q2 2025 Boliden AB Earnings Call Transcript

Jul 18, 2025 / 07:30AM GMT
Olof Grenmark - Boliden AB - Director Investor Relations

Ladies and gentlemen, I'd like to welcome you to Boliden's Q2 2025 results presentation. My name is Olof Grenmark and I'm head of investor relations. Today we will have a results presentation led by our President and CEO, Mikael Staffas; and our CFO, HÃ¥kan Gabrielsson. We will also have a Q&A session which will be led by the operator.

Mikael, welcome.

Mikael Staffas - Boliden AB - President, Chief Executive Officer

Thank you, Olof, and welcome to all of you out there as well. I hope you're doing fine. Let's get going and get talking about the quarter and the core report that we have just released. If you look at the highlights, we had a profit excluding inventory valuation of almost SEK1.3 billion.

There's been quite a lot of accounting going on in this quarter and HÃ¥kan will come back and talk a little bit about those things that are affecting plus and minus. What is clear though is that we have a negative currency effect of about SEK600 million compared both to last year and

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