AT A GLANCE: LKAB reports higher 2019 profit despite lower deliveries

A summary of Swedish iron-ore producer LKAB’s financial results for the fourth quarter and full financial year in 2019.

In brief The company attributes increased profit for the quarter and for the full year to stable production and favorable market conditions, despite lower delivery volumes, but says that the market remains uncertain. A stronger dollar exchange rate boosted earnings but high iron ore prices affected demand. Production at the start of the year was negatively...

Published

Carrie Bone

February 11, 2020

14:14 GMT

London