Nexam Chemical Holding AB (publ) Interim Financial Report – January - March 2015


The first quarter at a glance

Operations:

  ·
Organizational changes have been initiated in order to adapt the business to
commercialization and a cost saving program initiated with the goal to reduce
our costs with approximately SEK 10 million on an annual basis.

  ·
Lars Öhrn has been recruited to the newly created position as CMO, Chief
Marketing Officer. A strengthening of the organization and an important step in
the commercialization of the Company’s products.

  ·
Christian Svensson is appointed CFO, Chief Financial Officer.

  ·
The Management and key persons in the company have subscribed for a total of
700,000 warrants in the incentive program.

  ·
The Board of Directors decides to postpone the change of trading venue for the
Company´s share.

  ·
Two new patents have been approved. One in Europe for catalysis of crosslinkers,
and one in the USA, for a new process of manufacturing EBPA.

Financial & legal:

  ·
Net sales for the first quarter totaled SEK 513,000 (120,000). Profit/loss
before tax for the period amounted to SEK -10,520,000 (-7,136,000).

  ·
In comparison with the beginning of the year, the total assets at the end of the
period amounted to SEK 75,106,000 (84,973,000), with cash and cash equivalents
accounting for SEK 51,645,000 (62,543,000).

  ·
Cash flow from operating activities for the first quarter was SEK -10,535,000 (
-5,044,000).

Lund, 20 April 2015

The Board of Directors

This financial statement have not been audited by the Company's auditor.

Note: This press release has been translated from Swedish. The Swedish text
shall govern for all purposes and prevail in case of any discrepancy with the
English version.

For further information please contact:

Lennart Holm, Chairman of the Board, +46-706 30 85 62,
lennart.holm@nexamchemical.com

Anders Spetz, CEO, +46-703 47 97 00, anders.spetz@nexamchemical.com
About Nexam Chemical
Nexam Chemical is a Swedish company with a world-leading technology within the
area heat-activated crosslinking of plastics and polymers. The company develops,
manufactures and markets unique heat-activated crosslinkers to the plastics
­market.  A company description and more information about the business will be
found on www.nexamchemical.com. The company’s Certified Adviser is Remium Nordic
AB.

Attachments

04207559.pdf