Published: 8/27/2026 2:18:03 PM
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Mining company Lovisagruvan reports increased revenue and swings to an operating profit in the second quarter of 2026 compared with the same quarter last year. Revenue, measured as gross ore revenue, rose to SEK 4.7 million (0). At the same time, the company reports net revenue of SEK 10.0 million (-5.2). The negative figure for the comparative quarter is explained by retroactive price and grade adjustments. The mine result, the operating result from the actual mine production before depreciation, was SEK 4.4 million (-10.1). Operating profit was SEK 2.7 million (-11.9). Profit before tax was SEK 2.3 million (-12.0). Net profit was SEK 1.8 million (-9.5). Earnings per share amounted to SEK 0.46 (-2.43).Only 1.3 ktonnes of ore were delivered in the second quarter. The low quantity was due to the customer's request to temporarily store the ore at Lovisagruvan. Ore deliveries increased to the normal delivery rate after the end of the quarter. Production in the quarter amounted to 9.3 ktonnes (3.3).The ore stockpile increased to 9.4 ktonnes of ore during the second quarter and the cost value of the stockpile increased from SEK 0.9 million to SEK 6.3 million. (SEK 665 per tonne)."The portion of the test delivery beneficiated to date has preliminarily shown good results at the customer. After completion of the test delivery, the parties intend to discuss a continued supply agreement," Lovisagruvan writes about the outlook for 2026 and 2027 in the interim report. Lovisagruvan, SEK millionQ2-2026Q2-2025Net revenue10.0-5.2Operating profit2.7-11.9Profit before tax2.3-12.0Net profit1.8-9.5Earnings per share, SEK0.46-2.43
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