Published: 4/30/2026 10:14:13 AM
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The mining company Lovisagruvan reports increased revenue during the first quarter while the mining result improved. During the quarter, deliveries to Garpenberg have continued and will continue into the next quarter.Revenue from ore deliveries amounted to SEK 9.1 million (compared with 0.0 for the same period in 2025).Operating profit was SEK -2.3 million (-4.1). The mining result, the operating result of the actual mining production before depreciation, was SEK -0.7 million (-2.2).Profit after tax was SEK -2.3 million (-3.4). Earnings per share amounted to SEK -0.58 (-0.86). Cash flow from operating activities amounted to SEK 10.9 million (-14.2)."The outlook for 2026 is primarily affected by the outcome of deliveries during the spring and whether these confirm the commercial viability of the concept and make it possible to sign additional agreements on improved commercial terms. The customer has the capacity to receive ore from Lovisagruvan," the company writes in a comment. Lovisagruvan, SEK millionQ1-2026Q1-2025Revenue from ore deliveries9.10Operating profit-2.3-4.1Mining result-0.7-2.2Net profit-2.3-3.4Earnings per share, SEK-0.58-0.86Cash flow from operating activities10.9-14.2
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