Interim report January - September 2007 “Our price increases are now starting to show an effect, a trend that was especially evident in September when the Group returned to profitability after a series of weak months. I am also satisfied with our strong cash flow for the third quarter,” says Bong's President and CEO Anders Davidsson. • Net sales for the period January-September amounted to SEK 1,474 million (1,462) and third quarter sales reached SEK 461 million (431). • Adjusted operating profit for the period January-September is reported at SEK 43 million (66). Including one-time items, operating profit was SEK 35 million (21) for January-September and SEK 16 million (22) for the third quarter. Profit after tax for January-September was SEK -4 million (-7). • Earnings per share after dilution for the period January-September were SEK -0.26 (-0.57). • Cash flow after investing activities for the third quarter SEK 34 million (5). For the period January-September, cash flow after investing activities was SEK -38 million (-40). For additional information, please contact Anders Davidsson, President and CEO of Bong Ljungdahl AB. Telephone (switchboard) +46 (0)44 20 70 00, (direct) +46 (0)44 20 70 80, (mobile) +46 (0)70 545 70 80. Bong is one of Europe's leading envelope companies. The Group has annual sales of approximately SEK 2 billion, some 1,400 employees and an annual manufacturing capacity of around 15 billion envelopes at its factories in Sweden, Norway, Denmark, Finland, Poland, Germany, Belgium, the UK, Russia, Estonia and Lithuania. Bong has a very strong market position, particularly in Northern Europe, and conducts sales and marketing in thirteen European countries through its own sales organisations. Bong is expanding rapidly in its ProPac line of packaging solutions. The Group sees attractive opportunities for further expansion and development. Bong is a publicly listed company and its shares are quoted on the OMX Nordic Stock Exchange in Stockholm. _________________________________________________________
Interim report January - September 2007
| Source: Bong AB