Interim Report January – March 2011
The merger with Hamelin is progressing as planned and a new, stronger Bong is taking shape. The work to realise synergies is ongoing,” says Bong President and CEO Anders Davidsson. “Although first quarter earnings were pressured by continued price increases on uncoated fine paper and other raw materials, ProPac delivered healthy growth and cash flow was good.January – March 2011 • Net sales of SEK 854m (501) • ProPac sales of SEK 153m (76) • Operating profit of SEK 26m (13) • Profit after tax of SEK 9m (5) • Cash flow after investments of SEK 30m (13) • Earnings per share