Interim Report January-June 2015

Bong has now fully implemented the comprehensive restructuring plan and the
remaining factories are running at full capacity. The cash outflow for the
restructuring plan will continue throughout the year and to some extent into Q1
2016. Due to the higher efficiency in production and the lower cost structure,
Bong are now much more competitive in the tough envelope market. Given the high
imbalance between paper supply and demand, Bong faces continued price increases
from suppliers. As earlier mentioned, Bong’s biggest challenge for 2015 will be
to increase the sales prices to the market in order to compensate for increased
prices from suppliers, says Bong’s CEO Stéphane Hamelin.
April – June 2015

  · Net sales decreased with 10 percent to SEK 533 million (594)
  · Adjusted EBIT increased to SEK 0 million (-12)
  · Non-recurring items amounted to SEK -6 million (-5)
  · EBIT improved to SEK -6 million (-17)
  · Earnings after tax amounted to SEK -19 million (-32)
  · Earnings per share amounted to SEK -0.12 (-0.49)
  · Cash flow after investing activities SEK -58 million (-5)

January – June 2015

  · Net sales decreased with 7 percent to SEK 1,172 million (1,256)
  · Adjusted EBIT increased to SEK 15 million (-10)
  · Non-recurring items amounted to SEK -24 million (-50)
  · EBIT improved to SEK -9 million (-60)
  · Earnings after tax amounted to SEK -39 million (-77)
  · Earnings per share amounted to SEK -0.25 (-0.49)
  · Cash flow after investing activities SEK -54 million (-12)

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 11.30 am on 15 July
2015.

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 2.5
billion and about 1,800 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