Boliden’s Q3 earnings beat market expectations

Swedish mining group Boliden reported a bigger than expected rise in its core earnings on Tuesday, saying production during the quarter had been good and metals prices were picking up.

Quarterly revenue for the mining group rose 14% to 22.2 billion crowns, from 19.4 billion in the same period last year.In a research note, JPMorgan noted Boliden’s 2024 guidance is unchanged but said the 2025 outlook is weaker than its own estimate. The company announced in September it expected delays to start of Odda expansion project, now expected at the end of the first quarter of 2025.

On Tara, Europe’s largest zinc mine, the company said preparations for a restart are running according to plan.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Goldman Sachs stock rises as Q3 earnings beat expectationsGoldman Sachs stock rises as Q3 earnings beat expectations
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Intuitive Surgical shares surge 7% after Q3 earnings beatIntuitive Surgical shares surge 7% after Q3 earnings beat
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Randstad shares rise as Q3 results align with market expectationsRandstad shares rise as Q3 results align with market expectations
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

We see room for S&P 500 earnings to beat on low expectations: HSBCWe see room for S&P 500 earnings to beat on low expectations: HSBC
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »