Interim Report January-June 2011

Interim Report January-June 2011

“The merger with Hamelin is progressing as planned and a new, stronger
Bong is taking shape. A great deal has already been accomplished in the
work to realise synergies, which is continuing full force,” says Bong
President and CEO Anders Davidsson. “However, the volume trend for
envelopes is weaker than expected. Combined with continued price
increases on uncoated fine paper and other raw materials, this is
putting pressure on earnings. We are working hard to pass on the price
increases and further reinforce our cost efficiency programme.”

April-June 2011
• Net sales of SEK 747 million (468)
• ProPac sales of SEK 118 million (84)
• Operating profit of SEK 16 million (11)
• Earnings after tax of SEK -2 million (2)
• Cash flow after investments of SEK 37 million (-32)
• Earnings per share: SEK -0.09 (0.08)

January-June 2011
• Net sales of SEK 1,602 million (970)
• ProPac sales of SEK 236 million (161)
• Operating profit of SEK 42 million (24)
• Profit after tax of SEK 7 million (6)
• Cash flow after investments of SEK 67 million (-19)
• Earnings per share: 0.40 (0.40)

For further information, please contact Anders Davidsson, President and
CEO, Bong AB.
+46 (0)40 17 60 00 (main exchange), +46 (0)40 17 60 05 (direct line),
+46 (0)70 545 70 80 (mobile).

Bong is a leading provider of specialised packaging and envelope
products in Europe, offering solutions for distribution and packaging of
information, advertising materials and lightweight goods. Important
growth areas in the Group are the ProPac packaging concept and the
Russian market. The Group has annual sales of approximately SEK 3.5
billion and about 2,500 employees in 15 countries. Bong enjoys strong
market positions, particularly in northern Europe, and the Group sees
attractive opportunities for further expansion and development. Bong is
a public limited company whose stock is quoted on the NASDAQ OMX Nordic
Stock Exchange Stockholm (Small Cap).