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Boliden (BDNNY)
OTHER OTC:BDNNY
Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.8Last Year’s EPS
1.15Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: 12.75%
|Next Earnings Date:Jul 20, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong production performance and financial results, tempered by ongoing environmental, safety, and production challenges. While key projects are progressing well and market conditions are favorable, negative cash flow and issues in specific production areas and markets present ongoing concerns.Company Guidance
During the Boliden Q3 2024 earnings call, the company provided a comprehensive update on its performance and future guidance. Key metrics highlighted included an operating profit of just SEK 1 million shy of SEK 3 billion, with a negative cash flow of approximately SEK 0.5 billion due to high investment levels and some tied-up working capital. The quarterly CapEx was over SEK 3 billion, aligning with the full-year guidance of SEK 15.5 billion. Production improvements were noted, particularly with record mill production in Garpenberg for the second consecutive quarter. However, the environmental permit limits in Garpenberg pose a bottleneck, which the company is addressing. The restart of Tara mine is on track, with production ramping up for full output in Q1 2025. Metal prices, particularly base and precious metals, have improved compared to last year, with precious metals reaching all-time highs. The company anticipates no planned maintenance in Q4, and Tara is expected to continue operating negatively, projecting a EUR 25 million loss for the quarter. The guidance for 2025 includes another year of low grades at the Aitik mine, and they are actively seeking a permit to increase production capacity in Garpenberg. Environmental, social, and governance (ESG) metrics show an increase in CO2 emissions due to the Aitik project, although they remain below budget, while the lost time injury (LTI) frequency remains a concern.Improved Production and Record Mill Production
Boliden has improved production, especially in mines and smelters, with record mill production in Garpenberg for the second consecutive quarter. This performance is limited by environmental permits.
Strong Financial Performance
The company reported an operating profit of just shy of SEK 3 billion, a significant improvement compared to previous periods, and an almost 70% increase in earnings per share.
Successful Key Projects and Expansions
Key projects, including the IT reinforcement and the Odda expansion, are progressing well. The Odda expansion is expected to reach 200,000 tonnes per year by Q1 next year.
Positive Market Conditions for Metals
Base metal prices have improved compared to last year, and precious metal prices are at an all-time high.
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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
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BDNNY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $61.25 | $69.06 | +12.75% |
| Oct 22, 2024 | $63.57 | $64.70 | +1.78% |
| Jul 19, 2024 | $64.89 | $58.54 | -9.79% |
| Apr 23, 2024 | $61.75 | $62.17 | +0.68% |
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.
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FAQ
When does Boliden (BDNNY) report earnings?
Boliden (BDNNY) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Boliden (BDNNY) earnings time?
Boliden (BDNNY) earnings time is at Feb 06, 2025, TBA Not 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 2024 (Q4) is 1.8.
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