Year-end Report January-December 2015


"Bong has during the last year completely restructured the company and reduced
the number of sites and personnel drastically in order to have a more lean and
effective organization to be competitive in the tough envelope market. The rapid
increase in paper prices from suppliers during the last year has successfully
been passed on to the market to restore our margins. 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.
October – December 2015

  · Net sales decreased with 9 percent to SEK 613 million (677)
  · Adjusted EBIT amounted to SEK 13 million (37)
  · Non-recurring items amounted to SEK -12 million (-90)
  · EBIT improved to SEK 1 million (-53)
  · Earnings after tax amounted to SEK -13 million (-48)
  · Earnings per share amounted to SEK -0.08(-0.31)
  · Cash flow after investing activities SEK 5 million (91)

January – December 2015

  · Net sales decreased with 7 percent to SEK 2,345 million (2,533)
  · Adjusted EBIT amounted to SEK 31 million (21)
  · Non-recurring items amounted to SEK -36 million (-144)
  · EBIT improved to SEK -5 million (-123)
  · Earnings after tax amounted to SEK -64 million (-150)
  · Earnings per share amounted to SEK -0.41 (-0.96)
  · Cash flow after investing activities SEK -75 million (94)

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 08.00 am on 18
February 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

02186731.pdf