Interim Report January-March 2016


After the implementation of the huge restructuring plan in the Bong Group the
service level towards our customers has now been restored. Given the refinancing
of the company, where we decreased our debt with approximately 500 MSEK, we see
interesting opportunities to strengthen our market position on the envelope
market and also to grow in certain segments within light packaging. The
turnaround is already seen in the figures and our goal to make profit on bottom
line for 2016 is still valid, says Bong’s CEO Stéphane Hamelin.
January – March 2016

• Net sales decreased with 11 percent to SEK 567 million (639)
• Adjusted EBIT decreased to SEK 11 million (15)
• Non-recurring items amounted to SEK 427 million (-17)
• EBIT improved to SEK 11 million (-2)
• Earnings after tax amounted to SEK 343 million (-20)
• Earnings per share amounted to SEK 1.75 (0.13)
• Cash flow after investing activities SEK 7 million (4)

This information is of the kind that Bong AB (publ) are obliged to publish
pursuant to the securities market act and/or the act on trade with financial
instruments. The information was given for publication at 2 pm on 18 May 2016.

Bong is one of the leading providers of specialty packaging and envelope
products in Europe and offers solutions for distribution and packaging of
information, advertising materials and lightweight goods. Important growth areas
in the Group are packaging within retail and e commerce and the envelope market
within Eastern Europe. The Group has annual sales of approximately SEK 2.3
billion and about 1,600 employees in 16 countries.

Bong has strong market positions in most of the important markets in Europe and
the Group sees interesting possibilities for continued expansion and
development. Bong is a public limited company and its shares are listed on
Nasdaq Stockholm (Small Cap).

For further information, please contact Håkan Gunnarsson, CFO for Bong AB. Tel
(switchboard) 46 44-20 70 00

Attachments

05182335.pdf