Nexam Chemical Holding AB (publ) Interim Financial Report 1 January – 30 September 2015


Increased sales during quarter
The third quarter at a glance

Operational:

  ·
First industrial order regarding product for modification of plastic pipes
received.

  ·
Strong sales growth, amounting to more than SEK 4 million.

  ·
The number of on-going customer projects increases in all phases with an
emphasis on full scale testing.

  ·
The company granted SEK 2.4 million in development funding from
Vinnova/Eurostar.

Financials:


  ·
Net sales for the third quarter totaled SEK 4,197,000 (455,000) and for the
first nine months SEK 5,329,000 (960,000). On two consecutive quarters the
operating loss is reduced by half. The operating loss for the third quarter
totaled SEK -2,625,000 (-7,966,000).

  ·
In comparison with the beginning of the year, the total assets at the end of the
period amounted to SEK 64,468,000 (84,973,000), with cash and cash equivalents
accounting for SEK 39,300,000 (62,543,000).

  ·
Cash flow from operating activities for the third quarter was SEK -4,937,000 (
-8,713,000).

Key events after the end of the period

  ·
An order of approximately SEK 1.5 million from one of the world´s largest pipe
manufacturers regarding compound containing NEXAMITE® was received.

  ·
First industrial order received regarding NEXIMID® for the electronics industry.
Based on forecast from the customer the order value for 2016 is estimated to SEK
1.5 million.

Lund 12 November, 2015

The Board of Directors

These financial statements have been reviewed by the Company´s auditor.

For further information concerning the report, please contact:

Anders Spetz, CEO

Tel: +46-(0)703 47 97 00

E-mail: anders.spetz@nexamchemical.com

Attachments

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