HANZA initiates consolidation of production sites


HANZA Holding AB (publ) announces a developed strategy to increase the companys
profitability during an unpredictable economic climate. Hanza initiates trade
union negotiations to move the company’s manufacturing site in Töreboda to other
HANZA sites.
In view of the prolonged recession in the industry and continued uncertainty
about the long-term economic situation has HANZA decided on a developed
strategy. The purpose is to affect the profitability positively through
consolidation of production sites and targeted, strategic acquisitions.

"As previously announced, 2014 meant both disappointments and gratifying,"
comments Erik Stenfors, CEO HANZA. "The orders by the largest customers were
significantly below their forecasts, which has had an adverse impact on
profitability. At the same time, HANZA implemented an IPO, acquired KA
Electronics and launched the new business consulting service MIG. Another
positive aspect, new customers and contracts has been obtained."
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For more information please contact:

Erik Stenfors, CEO HANZA: Phone: +46 70 950 80 70,
email: erik.stenfors@hanza.com

The information in this press release is such that HANZA must disclose it in
accordance with the Securities Markets Act and/or the Financial Instruments
Trading Act. The information was submitted for publication at 07.55 am (CET),
June 24, 2014. Avanza Bank AB is the company's certified adviser.

Important information

This press release may contain certain forward-looking statements that reflect
HANZA’s current views of future events and financial and operational
performance. Words such as "intends", "anticipates", "expects", "may", "plan ",
"anticipate" or similar expressions regarding indications or predictions of
future developments or trends, and are not based on historical facts, constitute
forward-looking information. Forward-looking information is inherently
associated with both known and unknown risks and uncertainties because it is
dependent on future events and circumstances. Forward-looking statements are not
guarantees regarding future results or developments and actual results may
differ materially from those set forth in forward-looking information.
HANZA is a fast growing industrial business partner within manufacturing. The
company lowers customer costs by supplying complete manufacturing solutions in
mechanics, electronics, cables and final assembly. HANZA was founded in 2008 and
has grown into a SEK billion company. The Company currently operates in Sweden,
Finland, Estonia, Poland, Slovakia and China. Among HANZA's clients there are
leading industrial companies such as Atlas Copco, Ericsson, ABB and Saab
Defense. www.hanza.com

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