Even though Boliden managed to post healthy growth in profitability for 2015, unlike any other miner in today’s environment, an abysmally weak Q4 – the worst quarter since Q1 14 – has blemished the business recovery witnessed so far. The group's profitability (Q4 in particular) was materially behind AV's and consensus' estimates. Consequently, the share price tanked 16% on the day of the results' announcement. *Top-line grows – even though forex-driven* Sales: Q4 &ndas
15 Feb 2016
A disastrous Q4 takes the sheen off the full year
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A disastrous Q4 takes the sheen off the full year
Even though Boliden managed to post healthy growth in profitability for 2015, unlike any other miner in today’s environment, an abysmally weak Q4 – the worst quarter since Q1 14 – has blemished the business recovery witnessed so far. The group's profitability (Q4 in particular) was materially behind AV's and consensus' estimates. Consequently, the share price tanked 16% on the day of the results' announcement. *Top-line grows – even though forex-driven* Sales: Q4 &ndas