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Boliden reports slide in earnings despite turnover increases during 2011

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(S) – The Swedish mining and metals group Boliden has reported that its revenues jumped 10 per cent to 40.3bn Swedish krone (SEK; roughly €4.6bn) in 2011. The company’s earnings before interest and tax (Ebit) were SEK900m lower than 2010 at SEK4.7bn. However, Ebit excluding the revaluation of process inventory ...

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