<PAGE>
-------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q

[X]      QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
         EXCHANGE ACT OF 1934

         For Quarterly Period Ended April 3, 1999

                                    or

[ ]      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
         SECURITIES EXCHANGE ACT OF 1934

         For the transition period from _________ to _________

                        Commission file number 333-26943

                              MOLL INDUSTRIES, INC.
             (Exact Name of Registrant as Specified in its Charter)

         Delaware                                       04-3084238
(State or Other Jurisdiction of                     (I.R.S. Employer
Incorporation or Organization)                     Identification No.)

                                   ANCHOR HOLDINGS, INC.
                  Exact Name of Registrant as Specified in its Charter)

         
         Delaware                                         62-1427775
(State or Other Jurisdiction of                         (I.R.S. Employer
Incorporation or Organization)                         Identification No.)

                             Tyson Place, Suite 200
                               2607 Kingston Pike
                            Knoxville, TN 37919-4048
                    (Address of Principal Executive Offices)
                                   (Zip Code)

Registrant's Telephone Number, Including Area Code:    (423) 329-5300

         Indicate by check mark whether the registrant: (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]




<PAGE>



         Indicate the number of shares outstanding of each of the registrant's
classes of common stock, as of the latest practicable date.

<TABLE>
<CAPTION>

         DATE                        CLASS                  OUTSTANDING SHARES
   <S>                   <C>                                <C>
   May 15, 1999              Anchor Holdings, Inc.
                         Common Stock, $.01 par value            1,551,218

   May 15, 1999                Moll Industries, Inc.
                         Common Stock, $.01 par value               100
</TABLE>

Moll Industries, Inc. is a wholly-owned subsidiary of Anchor Holdings, Inc.
which is awholly-owned subsidiary of AMM Holdings, Inc.
-------------------------------------------------------------------------------

                                       ii


<PAGE>

<TABLE>
<CAPTION>

                  MOLL INDUSTRIES, INC. AND ANCHOR HOLDINGS, INC.

                                TABLE OF CONTENTS

                                                                         PAGE
<S>          <C> 
Introduction................................................................1

PART I.      FINANCIAL INFORMATION

Item 1.      Financial Statements...........................................3

             Consolidated Balance Sheets at April 3, 1999
              and December 31, 1998.........................................4

             Consolidated Statements of Operations for
             the Thirteen Weeks Ended April 3, 1999
             and March 31, 1998.............................................5

             Consolidated Statements of Comprehensive Income for
             the Thirteen Weeks Ended April 3, 1999
             and March 31, 1998.............................................

             Consolidated Statements of Cash Flows
             for the Thirteen Weeks Ended April 3, 1999
             and March 31, 1998.............................................7

             Notes to Consolidated Financial Statements...................8-12


Item 2.      Management's Discussion and Analysis of Financial
             Condition and Results of Operations...........................13

Item 3.      Quantitative and Qualitative Disclosures about Market Risks...19


PART II.     OTHER INFORMATION

Item 6.      Exhibits and Reports on Form 8-K...............................20

Signatures..................................................................21

</TABLE>

                                       iii

<PAGE>



INTRODUCTION

         Moll Industries, Inc. (the "Company") is a leading full service
manufacturer and designer of custom molded and assembled plastic components for
a broad variety of customers and end markets throughout North America and
Europe. Anchor Holdings, Inc. ("Holdings") does not have any material operations
other than ownership of all of the capital stock of the Company.

         The Company serves over 450 customers, including leading multinational
companies such as Abbott Laboratories, Colgate-Palmolive, Kimberly-Clark,
L'Oreal, Maybelline, Motorola, Procter & Gamble, Renault, Revlon, Siemens,
Whirlpool and Xerox. Products using the Company's plastic components are sold in
a wide range of end markets, including end markets for consumer products,
telecommunications/business equipment, household appliances, automobiles and
medical devices. The Company believes that the diversity of its customers,
markets and geographic regions creates a stable revenue base and reduces the
Company's exposure to particular market or regional economic cycles.

         The Company has 26 manufacturing facilities with approximately 680
molding machines throughout North America and Europe, including France, Germany,
the United Kingdom and Portugal. The Company is capable of providing its
customers with integrated design and prototype development, mold design and
manufacturing, advanced plastic injection molding capabilities, and value-added
finishing services, such as hot stamping, pad printing, assembly and complete
product testing, all of which enable it to provide "one-stop" shopping to
customers seeking a wide range of services. The Company's technologically
advanced manufacturing facilities and equipment enable it to provide customized
solutions to highly demanding customer specifications.

         The Company was formed through the merger in 1998 (the "Merger") of two
leading plastic injection molders, Moll PlastiCrafters Limited Partnership
("Moll") and Anchor Advanced Products, Inc. ("Anchor"), which were each
controlled by Mr. George Votis. Immediately prior to the Merger, Moll and Anchor
were independently operated entities. Anchor survived the Merger and changed its
name to "Moll Industries, Inc." Mr. Votis acquired Moll's predecessor in 1989
and has since completed seven acquisitions, increasing Moll's revenues from
approximately $8 million in 1989 to approximately $223.5 million in 1998 on a
pro forma basis. Such acquisitions included the acquisition in August 1997 of a
group of companies that had previously been under common ownership ("Hanning")
which supplies injection molded plastic components for use in digital
photocopiers with manufacturing facilities located in the United States, the
United Kingdom and Germany, and the acquisition in January 1998 of Somomeca
Industries S.A.R.L. and its subsidiaries ("Somomeca"), a French injection
molder. In March 1998, Mr. Votis acquired Anchor, which began operations in 1941
as a manufacturer of cosmetic brushes for Maybelline. In June 1998, the Company
acquired Gemini Plastic Services, Inc. ("Gemini"). In addition to the Merger and
the acquisition of Gemini, in June 1998, the Company also consummated an
offering (the "Offering") of up to $130,000,000 of its 10 1/2% Senior
Subordinated Notes due 2008 (the "Notes") pursuant to an offering which was
exempt from the registration requirements of the Securities Act of 1933, as
amended, and applicable state securities laws. Holdings is the guarantor of the
Company's 11 3/4% Series B Senior Notes due 2004 (the "Senior Notes") issued by
Anchor prior to the Merger.

                                     1

<PAGE>



         The structure of the Company is as indicated in the table below:

                           ---------------------------
                               AMM Holdings, Inc.
                           ---------------------------
                                        |
                                        |
                           ---------------------------
                              Anchor Holdings, Inc.
                           ---------------------------
                                        |
                                        |
                           ---------------------------
                              Moll Industries, Inc.
                           ---------------------------
                                        |
                                        |
                                        |
<TABLE>
<CAPTION>
------------------------------------------------------------------------------|
 |                   |                  |                    |                |
<S>            <C>               <C>                  <C>              <C>
Cepillos De    Moll Industries   Moll Industries UK,  Moll France SARL   Anchor Advanced
Matamoros         Paderborn           Limited                          Products Foreign
S.A. de C.V.      GmbH & Co.                                           Sales Corporation

</TABLE>

Note: Certain subsidiaries of the Company are held through one or more
intermediate holding companies for certain corporate and tax considerations.
However, such holding companies have not been reflected on this chart.


                                      2

<PAGE>



PART I.           FINANCIAL INFORMATION

ITEM 1.           FINANCIAL STATEMENTS

                                       3
<PAGE>

<TABLE>
<CAPTION>


                                    ANCHOR HOLDINGS, INC. AND SUBSIDIARY, MOLL INDUSTRIES, INC.

                                                    CONSOLIDATED BALANCE SHEETS
                                     (in thousands, except per share information, and unaudited)
                                                                                        April 3,       December 31,
                                                                                          1999             1998
                                                                                     ------------   ---------------
                                               ASSETS                                                
                  CURRENT ASSETS:                                                                   
                   <S>                                                               <C>            <C>  
                    Cash and cash equivalents....................................    $     11,708   $       14,396
                    Short-term investments.......................................              --            3,763
                    Accounts receivable, net of reserves for doubtful accounts of
                       $1,667 and $1,214, respectively...........................          82,863           70,872
                    Inventories, net.............................................          35,868           38,926
                    Deposits on tooling..........................................          13,163           11,051
                    Property, plant and equipment held for sale..................              --            1,429
                    Other current assets.........................................           1,830            1,812
                                                                                     ------------   ---------------
                            Total current assets.................................         145,432          142,249
                                                                                     ------------   ---------------
                  PROPERTY, PLANT AND EQUIPMENT:                                      
                    Land.........................................................           3,509            3,876
                    Buildings....................................................          40,937           39,100
                    Machinery and equipment......................................         111,197          114,737
                    Less: accumulated depreciation...............................         (24,450)         (26,814)
                                                                                     ------------   ---------------
                       Property, plant and equipment, net........................         131,193          130,899
                                                                                     ------------   ---------------
                  GOODWILL, net..................................................          39,954           40,874
                                                                                     ------------   ---------------
                  INTANGIBLE AND OTHER ASSETS, net...............................          17,623           18,178
                                                                                     ------------   ---------------
                            Total assets.........................................    $    334,202   $      332,200
                                                                                     ------------   ---------------
                                                                                     ------------   ---------------
                                       LIABILITIES AND DEFICIT
                  CURRENT LIABILITIES:                                                
                    Current portion of long-term obligations.....................    $     16,501   $        8,228
                    Short-term borrowings........................................             455            1,710
                    Accounts payable.............................................          46,663           37,037
                    Accrued liabilities..........................................          18,891           27,270
                    Deferred income taxes........................................              --              450
                    Deferred tooling revenue.....................................          11,944            9,083
                                                                                     ------------   ---------------
                            Total current liabilities............................          94,454           83,778
                                                                                     ------------   ---------------
                  LONG-TERM OBLIGATIONS, net of current portion..................         245,359          246,516
                                                                                     ------------   ---------------
                  DEFERRED INCOME TAXES..........................................           5,056            5,295
                                                                                     ------------   ---------------
                  OTHER NON-CURRENT LIABILITIES..................................           8,843            7,898
                                                                                     ------------   ---------------
                  COMMITMENTS AND CONTINGENCIES..................................              --               --
                                                                                     ------------   ---------------
                  DEFICIT:
                    Common stock ($.01 par value, 2,000 shares authorized, 1,551
                       shares issued and outstanding)............................              15               15
                    Additional paid in capital...................................           2,372            2,372
                    Accumulated deficit..........................................         (21,290)         (16,696)
                    Accumulated other comprehensive income.......................            (607)           3,022
                                                                                     ------------   ---------------
                            Total deficit........................................         (19,510)         (11,287)
                                                                                     ------------   ---------------
                            Total liabilities and deficit........................    $    334,202   $      332,200
                                                                                     ------------   ---------------
                                                                                     ------------   ---------------

</TABLE>

The accompanying notes are an integral part of these consolidated balance
sheets.

                                       4
<PAGE>



           ANCHOR HOLDINGS, INC. AND SUBSIDIARY, MOLL INDUSTRIES, INC.

                      CONSOLIDATED STATEMENTS OF OPERATIONS
           (in thousands, except per share information, and unaudited)

<TABLE>
<CAPTION>

                                                        Thirteen Weeks Ended
                                                      -------------------------
                                                         April 3,    March 31,
                                                           1999         1998
                                                      ------------  -----------
<S>                                                    <C>           <C> 
NET SALES ...........................................   $ 101,549    $  61,453
COST OF SALES .......................................      90,752       51,698
                                                      ------------  -----------
  Gross profit ......................................      10,797        9,755
SELLING, GENERAL AND ADMINISTRATIVE
     EXPENSES .......................................       8,547        4,817
MANAGEMENT AND CONSULTING FEE TO RELATED
     PARTIES ........................................          50          770
                                                      ------------  -----------

  Operating income ..................................       2,200        4,168
INTEREST EXPENSE, net ...............................       6,917        2,337
OTHER (INCOME) EXPENSE ..............................        (362)         144
MINORITY INTEREST IN INCOME OF
     SUBSIDIARY .....................................        --            237
                                                      ------------  -----------

INCOME (LOSS) BEFORE TAXES AND
     EXTRAORDINARY ITEM .............................      (4,355)       1,450
                                                      ------------  -----------
PROVISION FOR INCOME TAXES
  Current ...........................................         147         --
  Deferred ..........................................          92           93
                                                      ------------  -----------
                                                              239           93
                                                      ------------  -----------

INCOME (LOSS) BEFORE EXTRAORDINARY ITEM .............      (4,594)       1,357
  Extraordinary Item - Loss on extinguishment of debt        --            736
                                                      ------------  -----------
NET INCOME (LOSS) ...................................   $  (4,594)   $     621
                                                      ------------  -----------
                                                      ------------  -----------
PRO FORMA INFORMATION

  Provision for income taxes ........................   $     239    $     560
                                                      ------------  -----------
                                                      ------------  -----------

  Net income (loss) before extraordinary item .......   $  (4,594)   $     890
                                                      ------------  -----------
                                                      ------------  -----------
  Earnings (loss) per share .........................   $   (2.96)   $     .57
                                                      ------------  -----------
                                                      ------------  -----------
  Weighted average number of shares outstanding .....       1,551        1,551
                                                      ------------  -----------
                                                      ------------  -----------


</TABLE>

The accompanying notes are an integral part of these consolidated financial
statements.

                                       5
<PAGE>



            ANCHOR HOLDINGS, INC. AND SUBSIDIARY, MOLL INDUSTRIES, INC.

                 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
                        (in thousands and unaudited)

<TABLE>
<CAPTION>
                                                        Thirteen Weeks Ended
                                                     --------------------------
                                                       April 3,       March 31,
                                                        1999           1998
                                                     -----------   ------------
<S>                                                   <C>              <C> 
NET INCOME (LOSS)................................     $ (4,594)    $       621
OTHER COMPREHENSIVE INCOME (LOSS):
  Deferred pension cost..........................          --              --
  Foreign currency translation adjustment........       (3,629)            589
                                                     -----------   ------------
COMPREHENSIVE INCOME (LOSS)......................     $ (8,223)    $     1,210
                                                     -----------   ------------
                                                     -----------   ------------


</TABLE>


The accompanying notes are an integral part of these consolidated financial
statements.
                                         6

<PAGE>



                  ANCHOR HOLDINGS, INC. AND SUBSIDIARY, MOLL INDUSTRIES, INC.

                              CONSOLIDATED STATEMENTS OF CASH FLOWS
                              (in thousands and unaudited)
<TABLE>
                                                                                                 Thirteen Weeks Ended
                                                                                            ------------------------------
                                                                                               April 3,        March 31,
                                                                                                 1999             1998
                                                                                            -------------     ------------
              <S>                                                                            <C>             <C>
              CASH FLOWS FROM OPERATING ACTIVITIES:
                Net income (loss)...................................................         $     (4,594)       $   621
                Adjustments to reconcile net income (loss) to net cash                       
                  used in operating activities
                  Extraordinary loss................................................                   --             736
                  Depreciation and amortization.....................................                6,003           2,139
                  Loss on disposal of fixed assets..................................                   13               5
                  Deferred income taxes.............................................                   92              93
                  Minority interest in subsidiary income ...........................                   --             237
                  Changes in assets and liabilities, net of assets
                    purchased and liabilities assumed:                                       
                    Accounts receivable.............................................              (14,833)          2,869
                    Inventories.....................................................                2,241          (1,532)
                    Other current assets............................................                 (879)           (559)
                    Deposits on tooling.............................................               (2,132)           (920)
                    Other assets....................................................                  275          (1,652)
                    Accounts payable................................................               11,184            (602)
                    Accrued liabilities.............................................               (8,769)         (3,035)
                    Deferred tooling revenue........................................                2,950             680
                    Other liabilities...............................................                  597              --
                                                                                            -------------     ------------
                       Total adjustments............................................               (3,258)         (1,541)
                                                                                            -------------     ------------
                    Net cash used in operating activities...........................               (7,852)           (920)
                                                                                            -------------     ------------
              CASH FLOWS FROM INVESTING ACTIVITIES:                                          
                Capital expenditures................................................               (6,527)         (3,204)
                Proceeds on disposal of fixed assets................................                1,212             416
                Short-term investments..............................................                3,763              --
                Purchase of Somomeca, net of cash received..........................                   --         (11,737)
                                                                                            -------------     ------------
                    Net cash used in investing activities...........................               (1,552)        (14,525)
                                                                                            -------------     ------------
              CASH FLOWS FROM FINANCING ACTIVITIES:                                          
                Net proceeds from (payments on) revolving loan                                               
                  facilities........................................................               10,840          (9,803)
                Proceeds from issuance of long-term obligations.....................                  237          56,308
                Principal payments on long-term obligations.........................               (4,206)        (23,737)
                Distributions to partners...........................................                   --          (1,859)
                                                                                            -------------     ------------
                    Net cash provided by financing activities.......................                6,871          20,909
                                                                                            -------------     ------------


              EFFECT OF EXCHANGE RATE CHANGES IN
                CASH................................................................                 (155)            (52)
                                                                                            -------------     ------------
              NET CHANGE IN CASH....................................................               (2,688)          5,412
                                                                                            -------------     ------------
              BALANCE AT BEGINNING OF PERIOD........................................               14,396           1,729
                                                                                            -------------     ------------
              BALANCE AT END OF PERIOD..............................................           $   11,708         $ 7,141
                                                                                            -------------     ------------
                                                                                            -------------     ------------

              SUPPLEMENTAL CASH FLOW INFORMATION:                            
                Cash paid for interest..............................................           $   13,014         $ 1,446
                                                                                            -------------     ------------
                                                                                            -------------     ------------
                Cash paid for income taxes..........................................           $      210         $    --
                                                                                            -------------     ------------
                                                                                            -------------     ------------
</TABLE>

The accompanying notes are an integral part of these consolidated financial
statements.

                                       7

<PAGE>



           ANCHOR HOLDINGS, INC. AND SUBSIDIARY, MOLL INDUSTRIES, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                          (in thousands and unaudited)
1. ORGANIZATION

    Anchor Holdings, Inc. ("Holdings") was incorporated March 9, 1990, under 
the laws of the State of Delaware and is the wholly-owned subsidiary of AMM 
Holdings, Inc. ("AMM Holdings", formerly known as Anchor Acquisition Co.), 
which is not consolidated herein. Holdings owns all of the outstanding shares 
of Moll Industries, Inc. (the "Company", formerly known as Anchor Advanced 
Products, Inc.) through which, including the Company's subsidiaries, it 
designs and manufactures custom molded products and assembled plastic 
components for a broad variety of customers throughout North America and 
Europe. Holdings has no operations or investments other than its investment 
in the Company. The Company's products are sold to a wide range of markets, 
including consumer products, telecommunications/business equipment, household 
appliances, automobile and medical devices. The Company's manufacturing 
facilities are located primarily in the United States, France, Germany, 
Mexico and the United Kingdom.

2.  MERGER WITH MOLL PLASTICRAFTERS LIMITED PARTNERSHIP

    Effective June 26, 1998, the owners of Moll PlastiCrafters Limited
Partnership ("Moll") contributed their interest in Moll to AMM Holdings in
exchange for common shares of AMM Holdings. AMM Holdings contributed these
interests in Moll to Holdings and ultimately to Anchor Advanced Products, Inc.
("Anchor"). Moll was merged into Anchor (the "Merger") at which time the name of
Anchor was changed to Moll Industries, Inc. As the owners of Moll owned a
majority of the outstanding shares of AMM Holdings subsequent to the Merger,
Moll is considered the accounting acquiror in the Merger; therefore, the
consolidated financial statements presented for all periods herein are those of
Moll, and exclude those of Anchor prior to June 26, 1998. As a result of the
Merger, Moll's corporate structure was changed from a partnership to a
corporation.

3.  BASIS OF PRESENTATION

    The historical consolidated financial statements, through the date of the
Merger, include the accounts of Moll, as it is the accounting acquiror in the
Merger discussed in Note 2, and its subsidiaries. All significant results of
operations of companies acquired utilizing the purchase method of accounting
have been included in the consolidated financial statements since the effective
dates of the respective acquisition, (Somomeca Industries, Inc.--January 8,
1998, Anchor--June 26, 1998 and Gemini Plastic Services, Inc.--June 26, 1998).
The results of Reliance Products L.P. have been excluded from these consolidated
financial statements since June 26, 1998 (see Note 5). All significant
intercompany balances have been eliminated in consolidation.

    The quarterly financial statements have been prepared, without audit, in
accordance with generally accepted accounting principles, pursuant to the rules
and regulations of the Securities and Exchange Commission. In the opinion of
management, the quarterly consolidated financial statements include all
adjustments necessary for a fair presentation of the financial position and
results of operations for the interim periods presented, such adjustments being
of a normal, recurring nature. Certain information and footnote disclosures have
been condensed or omitted pursuant to such rules and regulations. It is
suggested that these quarterly consolidated financial statements and notes
thereto are read in conjunction with the consolidated financial statements and
notes thereto for the year ended December 31, 1998. Results of operations in the
interim periods are not necessarily indicative of results to be expected for a
full year.

    In connection with the Merger, Moll changed its financial reporting period
from one based on calendar month ends to four thirteen week periods. As a
result, Moll changed its first quarter end from March 31 to April 3.

    Earnings per share for all periods presented have been computed on a basis
assuming the number of

                                       8

<PAGE>

common shares outstanding subsequent to the Merger were
outstanding for all periods presented. There are no potentially dilutive
securities currently outstanding.

Recent Accounting Pronouncements

    During June 1998, the Financial Accounting Standards Board issued Statement
of Financial Accounting Standards No. 133, "Accounting for Derivative
Instruments and Hedging Activities" ("SFAS 133"). SFAS 133 requires that
derivatives and hedges be valued at their fair value and establishes standards
for the recognition of changes in fair value. SFAS 133 is effective for periods
beginning after June 15, 1999. The Company is evaluating SFAS No. 133 to
determine the impact, if any, on its reporting and disclosure requirements.

    In April 1998, the Accounting Standards Executive Committee of the American
Institute of Certified Public Accountants issued Statement of Position 98-5,
"Reporting on the Costs of Start-up Activities" ("SOP 98-5"). SOP 98-5 requires
the costs of start-up activities and organization costs, as defined, to be
charged to operations as incurred. Adoption of SOP 98-5 did not have a material
impact on Holdings' results of operations, financial condition or cash flows.

4.  ACQUISITIONS

Somomeca

    Effective January 8, 1998, Moll acquired the stock of Somomeca Industries,
Inc. ("Somomeca"). Moll paid $13,144 in cash, agreed to pay the sellers $1,488
over two years and assumed its liabilities. Additionally, Moll incurred
approximately $2,321 in expenses to complete the acquisition. The acquisition
has been accounted for using the purchase method.

Gemini

    Effective June 26, 1998, the Company acquired the stock of Gemini Plastic
Services, Inc. ("Gemini") for cash of $10,186 and the assumption of its
liabilities. The acquisition has been accounted for using the purchase method.

    The results of operations of Somomeca and Gemini have been included in the
consolidated financial statements since the effective date of each acquisition.
See Note 8 for unaudited pro forma information.

5.  DISPOSITIONS

    Effective immediately prior to the Merger discussed in Note 2, Moll
distributed its interest in Reliance Products, L.P. ("Reliance") to its owners.
The total amount of such distribution was $3,135.

    Reliance is a limited partnership based in Canada in which Moll had
purchased a 69% limited partnership interest effective December 12, 1996.
Holdings included the operating results of Reliance in its consolidated
financial statements through June 26, 1998. The earnings attributable to the
minority partners are included in the consolidated statements of operations of
Holdings as minority interest in income (loss) of subsidairy.

    In March 1999, the Company sold its Lakewood and Betta divisions. The
reserves provided at December 31, 1998 were adequate for the loss incurred in
the sale of the Lakewood division. Betta was sold for approximately net book
value.


                                       9

<PAGE>



6.  INCOME TAXES

    Effective June 26, 1998, Moll became a taxable entity. Prior to June 26,
1998, Moll was a partnership; accordingly, the earnings of Moll, including the
earnings of foreign subsidiaries attributable to Moll for United States tax
purposes, were included in the tax returns of the partners. Certain of Moll's
foreign subsidiaries have been taxable entities for foreign tax purposes since
their inception. The Company did not recognize a tax benefit for the losses 
incurred in the current period due to the uncertainty of realization.

    Included in the accompanying consolidated statements of operations is a pro
forma tax provision that was calculated as if Holdings, including all of its
subsidiaries, was taxable for the entire period presented.

7.  SUMMARIZED FINANCIAL INFORMATION OF SUBSIDIARIES

    All material subsidiaries of the Company, each of which are wholly-owned,
have fully, unconditionally, jointly and severally guaranteed the otherwise
unsecured $100,000 of 11 3/4% Senior Notes due 2004 issued by Anchor and assumed
by the Company in the Merger. The subsidiaries that have not guaranteed the debt
only participate in intercompany transactions with the Company, which are
eliminated in the consolidated financial statements of the Company. The
guarantor subsidiaries are subject to the reporting requirements under Section
13 or 15(d) of the Securities Exchange Act of 1934. Management has determined
that separate financial statements for the guarantor subsidiaries are not
material to holders of the Notes. Combined financial information relating to
these entities since the date of their acquisition is presented herein in
accordance with Staff Accounting Bulletin No. 53 as an addition to the notes of
the consolidated financial statements of the Company.


                                       10

<PAGE>



    Condensed consolidating financial information for Holdings for the quarter
ended April 3, 1999 is as follows:
<TABLE>
<CAPTION>

                                        Moll       Guarantor    Non-Guarantor                 Consolidated
                                     Industries   Subsidiaries   Subsidiaries   Eliminations    Balance
                                    ------------  ------------  -------------   ------------  ------------
   <S>                               <C>          <C>            <C>            <C>            <C>  
   Balance Sheet Data:                                                                   --      

   Cash...........................   $   9,506     $   2,187        $    15       $     --       $ 11,708
   Accounts Receivable............      46,330        36,418            115             --         82,863
   Inventories....................      26,459         9,409             --             --         35,868
   Other Current Assets...........      11,339         3,603             51             --         14,993
                                    ------------  ------------  -------------   ------------  ------------
             Total Current Assets.      93,634        51,617            181             --        145,432
   Fixed Assets...................      87,075        41,143          2,975             --        131,193
   Goodwill.......................      34,721         5,233             --             --         39,954
   Intercompany Receivables.......      50,336         1,197          2,556        (54,089)            --
   Other Assets...................      16,001         1,468            154             --         17,623
                                    ------------  ------------  -------------   ------------  ------------
                                     $ 281,767     $ 100,658        $ 5,866       $(54,089)      $334,202
                                    ------------  ------------  -------------   ------------  ------------
                                    ------------  ------------  -------------   ------------  ------------
   Accounts Payable..............    $  21,116     $  25,524        $    23       $     --       $ 46,663
   Accrued Liabilities............      11,004         7,084            803             --         18,891
   Other Current Liabilities......      24,418         4,482             --             --         28,900
                                    ------------  ------------  -------------   ------------  ------------
             Total Current
               Liabilities........      56,538        37,090            826             --         94,454

   Long Term Debt.................     237,154         8,205             --             --        245,359
   Other Non-current Liabilities..       8,110         5,789             --             --         13,899
   Intercompany Payables..........          --        53,975             --        (53,975)            --
                                    ------------  ------------  -------------   ------------  ------------
             Total Liabilities....     301,802       105,059            826        (53,975)       353,712
   Equity.........................     (20,035)       (4,401)         5,040           (114)       (19,510)
                                    ------------  ------------  -------------   ------------  ------------
                                     $ 281,767     $ 100,658        $ 5,866       $(54,089)      $334,202
                                    ------------  ------------  -------------   ------------  ------------
                                    ------------  ------------  -------------   ------------  ------------
   Statement of Operations Data:                                                                
   Net Sales......................   $  70,796     $  30,753        $ 2,674       $ (2,674)      $101,549
   Cost of Sales..................      62,818        28,909          1,699         (2,674)        90,752
                                    ------------  ------------  -------------   ------------  ------------
             Gross Profit.........       7,978         1,844            975             --         10,797
   Selling, General &
   Administrative  Expense........       5,105         2,814            678             --          8,597
                                    ------------  ------------  -------------   ------------  ------------
             Operating Income.....       2,873          (970)           297             --          2,200
   Interest Expense, net..........       5,552         1,365             --             --          6,917
   Other (Income) Expense.........        (622)           85            175             --           (362)
                                    ------------  ------------  -------------   ------------  ------------
             Income Before Taxes        (2,057)       (2,420)           122             --         (4,355)
   Income Tax Expense ............          97            93             49             --            239
                                    ------------  ------------  -------------   ------------  ------------
             Net Income (Loss)....   $  (2,154)    $  (2,513)       $    73       $     --       $ (4,594)
                                    ------------  ------------  -------------   ------------  ------------
                                    ------------  ------------  -------------   ------------  ------------

</TABLE>

                                       11
<PAGE>


<TABLE>
<CAPTION>



                                        Moll       Guarantor    Non-Guarantor                    Consolidated
                                     Industries  Subsidiaries   Subsidiaries      Eliminations      Balance
                                     ----------  ------------   -------------     ------------   ------------
  <S>                                <C>         <C>           <C>            <C>              <C>
  Statement of Cash Flows Data:                                                                 

  Net Income (Loss)................. $   (2,154) $    (2,513)             73  $        --      $   (4,594)
  Depreciation and Amortization.....      3,992        1,960              51           --           6,003
  Change in Assets and Liabilities..    (11,992)       3,071            (445)          --          (9,366)
  Other.............................       (211)         316              --           --             105
                                     ----------  ------------   -------------     ------------   ------------
            Cash Flows from
              Operating Activities..    (10,365)       2,834            (321)          --          (7,852)
                                     ----------  ------------   -------------     ------------   ------------
  Capital Expenditures..............     (3,811)      (2,716)             --           --          (6,527)
  Proceeds from Disposal of Fixed
    Assets..........................      1,191           21              --           --           1,212
  Short-term Investments............      3,763           --              --           --           3,763
                                     ----------  ------------   -------------     ------------   ------------
            Cash Flows from
              Investing Activities..      1,143       (2,695)             --           --          (1,552)
                                     ----------  ------------   -------------     ------------   ------------
  Payments on Revolving Loan
    Facility........................     12,000       (1,160)             --           --          10,840
  Proceeds from Issuance of Long-
    Term Obligations................         --          237              --           --             237
  Principle Payments on Long-Term
    Obligations.....................     (3,279)        (927)             --           --          (4,206)
  Intercompany transfers............     (3,246)       2,967             279           --              --
                                     ----------  ------------   -------------     ------------   ------------
            Cash Flows from
              Financing Activities..      5,475        1,117             279           --           6,871
                                     ----------  ------------   -------------     ------------   ------------
  Effect of Exchange Rate Changes
  in Cash...........................         --         (155)             --           --            (155)
                                     ----------  ------------   -------------     ------------   ------------
  Net Change in Cash................     (3,747)       1,101             (42)          --          (2,688)
  Balance at Beginning of Period....     13,253        1,086              57           --          14,396
                                     ----------  ------------   -------------     ------------   ------------
  Balance at End of Period.......... $    9,506  $     2,187   $          15  $        --      $   11,708
                                     ----------  ------------   -------------     ------------   ------------
                                     ----------  ------------   -------------     ------------   ------------
</TABLE>

The financial information of Holdings is identical to that of the Company.
Therefore, summarized financial information of the Company is not required.

8. PRO FORMA INFORMATION


    The following statement of income data gives effect to the merger with
Anchor, the acquisition of Gemini, the distribution of Reliance and the sale
of the Lakewood and Betta divisions as if they had occurred at the beginning of
the respective periods.

<TABLE>
Caption

                                                                                Thirteen-Weeks Ended
                                                                                April 3,     March 31,
                                                                                1999          1998
                                                                              -----------   ----------
             <S>                                                               <C>           <C>
             Net sales.................................................        $ 100,131     $  96,727
             Operating income..........................................        $   2,565     $   6,895
             Income (loss) before taxes and extraordinary item.........        $  (3,743)    $     287
</TABLE>
                                              12
<PAGE>

Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

This Report may contain certain forward-looking statements concerning the
Company's operations, economic performance and financial condition. All such
statements are based upon a number of assumptions and estimates that are
inherently subject to significant uncertainties and contingencies, many of which
are beyond the control of the Company, and reflect future business decisions
that are subject to change. Some of these assumptions inevitably will not
materialize, and unanticipated events will occur that will affect the Company's
results.

OVERVIEW

         The Company is a leading full service manufacturer and designer of
custom molded and assembled plastic components for a broad variety of customers
and end markets throughout North America and Europe. The Company serves over 450
customers, including leading multi-national companies such as Abbott
Laboratories, Colgate-Palmolive, Kimberly-Clark, L'Oreal, Maybelline, Motorola,
Proctor & Gamble, Renault, Revlon, Siemens, Whirlpool and Xerox. Products using
the Company's components are sold in a wide range of end-markets, including end
markets for consumer products, telecommunications/business equipment, household
appliances, automobiles and medical devices.

         The Company has been formed by a number of acquisitions that have been
integrated through consolidation of manufacturing facilities, logistical
optimization and reduction of overhead. In July 1991, certain entities
controlled by Mr. Votis and his partners were merged to form Moll PlastiCrafters
Limited Partnership ("Moll"). Since 1991, Moll has grown significantly through
several strategic acquisitions in North America and Europe. In December 1992,
Moll acquired Textek Plastics, Inc., based in San Antonio and Round Rock, Texas.
In July 1993, Moll acquired Advanced Custom Molders, based in Georgetown and El
Paso, Texas. In October 1994, Moll acquired Quality Plastics Company, based in
Newberg, Oregon.

         In August 1997, Moll acquired the Hanning group of companies, a leading
supplier of injection molded plastic components for use in digital photocopiers,
with manufacturing facilities located in the United States, the United Kingdom
and Germany. In January 1998, Moll acquired Somomeca Industries; a major French
supplier of injection molded plastic components and plastic injection molds. In
March 1998, Mr. Votis acquired Anchor from affiliates of the Thomas H. Lee
Company.

         In June 1998, the Company was formed through the merger (the "Merger")
of two leading plastic injection molders, Moll and Anchor Advanced Products,
Inc. ("Anchor"), which were each controlled by Mr. Votis. Prior to the Merger,
Moll and Anchor were independently operated entities. Immediately after the
Merger, the Company acquired Gemini Plastic, a specialty medical and
telecommunications product plastic molding company with one plant in Florida.

         In the Merger, the owners of Moll contributed their interest in Moll to
AMM Holdings in exchange for common shares of AMM Holdings. AMM Holdings
contributed these interests in Moll to Holdings and ultimately to Anchor. Moll
was merged into Anchor at which time the name of Anchor was changed to Moll
Industries, Inc. As the owners of Moll owned a majority of the outstanding
shares of AMM Holdings subsequent to the Merger, Moll is considered the
accounting acquiror in the Merger; therefore, the consolidated financial
statements presented for all periods herein are those of Moll, and exclude those
of Anchor prior to June 26, 1998.

         The Company continues to integrate the businesses that were merged.
This includes the pursuit of global opportunities with customers previously
served by each individual company, identification of core competencies the
Company should focus on to meet its strategies, modification of the cost
structure within certain businesses and implementation of an integrated
management information system. This effort has included the sale in March 1999
of its Lakewood and Betta divisions, neither of which were critical to the
Company's long-term success and the decision to close in May 1999 its Round
Rock, TX facility due to over capacity within the merged company. Further
closures or dispositions could result as the integration

                                    13
<PAGE>

continues. This effort has also resulted in the Company acquiring in April 1999,
three locations of Compression, Inc. This acquisition will enable the Company 
to provide product design and engineering services to its customers.

Certain of the Company's operating data for the thirteen weeks ended April 3,
1999 and March 31, 1998 are set forth below as percentages of net sales. The
Company's results for the first quarter were negatively impacted by unexpected
inefficiencies associated with the start-up of the Maybelline 99 Wall display
project. Management believes most of the start-up inefficiencies were realized
in the first quarter and will conclude by the end of April. The results were
also negatively impacted by declining sales in the German division.

<TABLE>
<CAPTION>
                                                                                Thirteen Weeks Ended,
                                                                               April 3,        March 31,
                                                                                 1999           1998
                                                                              ---------       ----------
<S>                                                                             <C>            <C> 
Net sales                                                                       100.0%          100.0%
Gross profit                                                                     10.6%           15.9%
Selling, general and administrative                                               8.4%            7.8%
Management and consulting fee to related parties                                  0.0%            1.3%
Operating income                                                                  1.9%            6.8%
Interest expense, net                                                             6.8%            3.8%
Provision for income taxes                                                        0.2%            0.2%
Extraordinary item                                                                0.0%            1.2%
Net income (loss)                                                                (4.5)%           1.0%

</TABLE>

THIRTEEN WEEKS ENDED APRIL 3, 1999  VERSUS MARCH 31, 1998

         NET SALES. Net sales increased by $40.1 million, or 65.2%, to $101.5
million for 1999 from $61.5 million for 1998, due to the acquisition of Anchor
and Gemini, offset by the distribution of the Company's limited partnership
interest in Reliance Products. On a pro forma basis, sales increased $3.4
million, or 3.5%. Sales increased to Maybelline due to the 99 Display Wall
project and to Whirlpool due to increased demand for existing products. However,
these increases were partially offset by declines in sales to Colgate and
Maybelline packaging and in the German division.

         GROSS PROFIT. Gross profit increased by $1.0 million, or 10.7%, to
$10.8 million for 1999 from $9.8 million for 1998, resulting from the inclusion
of results for Anchor and Gemini, offset by the distribution of the Company's
limited partnership interest in Reliance Products. Additionally, certain of the
acquired companies earn lower margins than the Company had historically
realized, thereby, diluting the average margin. On a pro forma basis, gross
profit decreased $3.7 million or 24.8%. The decrease was the result of operating
inefficiencies encountered in the start-up of the 99 Display Wall project and
decreased sales in the German and Packaging divisions.

         SELLING, GENERAL AND ADMINISTRATIVE. SG&A expenses increased $3.7
million, or 77.4%, to $8.5 million for 1999 from $4.8 million for 1998 due to
the inclusion of Anchor and Gemini, offset by the distribution of the Company's
limited partnership interest in Reliance Products. On a pro forma basis, SG&A
expenses increased $0.8 million or 10.6% due to increased professional services,
travel and computer costs incurred in connection with the integration of the
merged companies.

         MANAGEMENT AND CONSULTING FEE TO RELATED PARTIES. Management and
Consulting Fee to Related Parties decreased by $0.7 million, or 93.5%, to $0.1
million for 1999 from $0.8 million for 1998, due to restrictions contained in
the Notes and Senior Notes.

         OPERATING INCOME. Operating income decreased by $2.2 million, or 53.1%,
to $2.0 million for 1999 from $4.2 million for 1998 for the reasons listed
above.
                                        14
<PAGE>



         NET INTEREST EXPENSE. Net interest expense increased by $4.6 million,
or 196.0%, to $6.9 million for 1999 from $2.3 million for 1998 due to the
issuance of $130 million Notes in the second quarter to finance the acquisitions
of Somomeca and Gemini and to refinance existing debt. Additionally, the Company
assumed $100 million of debt in the Merger.

         INCOME TAXES. Income Taxes increased by $0.1 million, or 157.0%, to $.2
million for 1999 from $0.1 million for 1998. Prior to the Merger, the Company's
US operations were organized as a partnership for U.S. tax purposes and,
accordingly, did not reflect income tax expense in its financial statements.
Certain of the Company's foreign subsidiaries are profitable, resulting in the
1999 and 1998 tax provision.

         EXTRAORDINARY ITEM. Extraordinary Item of $0.7 million for 1998
represents a loss on early retirement of bank debt due to the write-off of the
remaining deferred debt issue costs.

         NET INCOME. Net income decreased $5.2 million, to a $4.6 million loss
for 1999 from $0.6 million income for 1998 as a result of the above factors.

LIQUIDITY AND CAPITAL RESOURCES
         The Company's liquidity requirements consist primarily of working
capital needs, capital expenditures, required payments of principal and interest
on any borrowings under the NationsBank Credit Facility, required payments of
principal and interest on the European debt, required payments of interest on
the Notes and Senior Notes and principal at maturity.

         The Company has no significant principal payments due in 1999 while
interest payments are expected to total approximately $28.0 million.
Additionally, the Company expects capital expenditures to be limited to normal
periodic replacement of equipment (approximately $15 million) with no
significant projects currently planned.

         In 1999, the Company's cash used in operations increased by $7.0
million to $7.9 million from $0.9 million for 1998. The increased cash
utilization was primarily the result of the loss for the quarter, an increase in
accounts receivable and interest payments on both the Notes and Senior Notes.
These uses were partially offset by an increase in accounts payable. The Company
spent $6.5 million in the first quarter to make purchases of property, plant and
equipment. The Company borrowed $12.0 million under the Credit Facility during
the quarter. These borrowings were repaid at the beginning of the second
quarter.

         The Company believes that cash flows from operating activities will be
adequate to meet debt service obligations and working capital needs in 1999. The
Company plans to pursue financing alternatives to supplement cash from operating
activities to fund planned capital expenditures for 1999.

INFLATION AND CHANGING PRICES

         The Company's sales and costs are subject to inflation and price
fluctuations. However, because changes in the cost of plastic resins, the
Company's principal raw material, is generally passed through to customers, such
changes historically have not, and in the future are not expected to have, a
material effect on Moll's gross profit.

IMPACT OF NEW ACCOUNTING STANDARDS

    During June 1998, the Financial Accounting Standards Board issued Statement
of Financial Accounting Standard No. 133, Accounting for Derivative Instruments
and Hedging Activities. The Statement requires that derivatives and hedges be
valued at their fair value and establishes standards for the recognition of
changes in fair value. The Statement is effective for periods beginning after
June 15, 1999. The Company is evaluating SFAS No. 133 to determine the impact,
if any, on its reporting and disclosure requirements.

    In April 1998, the Accounting Standards Executive Committee of the American
Institute of Certified
                                        15

<PAGE>

Public Accountants issued Statement of Position 98-5, "Reporting on the Costs 
of Start-up Activities" ("SOP 98-5"). SOP 98-5 requires the costs of start-up 
activities and organization costs, as defined, to be charged to operations as 
incurred. Adoption of this SOP did not have a significant impact on the 
Company's financial position or results of operations.


                                         16

<PAGE>



YEAR 2000

         Historically, certain computerized systems have had two digits rather
than four digits to define the applicable year, which could result in
recognizing a date using "00" as the year 1900 rather than the year 2000. This
could result in major failures or miscalculations, and is generally referred to
as the "Year 2000 issue." The Company recognizes that the impact of the Year
2000 issue extends beyond traditional computer hardware and software to
automated plant systems and instrumentation, as well as to third parties. The
Year 2000 issue is being addressed within the Company by its individual business
units, and progress is reported periodically to management.

         The Company has committed resources to conduct risk assessments and to
take corrective action, where required, within each of the following areas:
information technology, plan systems and external parties. Information
technology includes telecommunications, as well as traditional computer software
and hardware in the mainframe, midrange and desktop environments. Plant systems
include all automation and embedded chips used in plant operations. External
parties include any third party with which the Company does business.

         In the information technology area, inventory and assessment audits in
the mainframe and midrange environments were completed in third quarter 1998 and
corrective action was completed in the fourth quarter 1998, except for business
application software which is expected to be completed by the second quarter
1999. Inventory and assessment audits for telecommunications were completed in
third quarter 1998 with corrective action expected to be completed by the second
quarter 1999. Finally, inventory and assessment audits in the desktop
environment were completed in third quarter 1998, with corrective action
expected to be completed by the third quarter 1999. The companies located in
Europe began installing systems in the first quarter 1999 that will be Year 2000
ready.

         In the plant systems area, 100% of the Company's business units have
completed their inventory and assessment audits. The Company is relying on
vendor testing and certification with validation through limited internal
testing and/or industry test results. Downtime for normally scheduled plant
maintenance will be used to conduct testing, with corrective action expected to
be completed by the second quarter 1999.

         With respect to external parties, 70% of the Company's business units
have completed their inventory audit of critical external parties. The remaining
business units are expected to complete this work by the second quarter
1999.Risk assessment is expected to be completed by the second quarter 1999 and
monitoring of risk in this area will continue during 1999, as many external
parties will not have completed their work.

         The total cost of Year 2000 activities is not expected to be material
to the Company's operations, liquidity or capital resources. Costs are being
managed within each business unit. The total cost for the Company's Year 2000
work is estimated to be $2 million.

                                       17

<PAGE>



Costs exclude expenditures for replacement systems, which were previously 
scheduled.

         There is still uncertainty around the scope of the Year 2000 issue. At
this time the Company cannot quantify the potential impact of these failures.
There can be no assurance that there will not be a delay in, or increased costs
associated with, the Company's efforts to address the Year 2000 issue, and the
Company's inability to implement the necessary changes could have an adverse
effect on the Company. The Company's Year 2000 program and contingency plans are
being developed to address issues within the Company's control. The program
reduces but may not eliminate the issues of external parties.

                                       18

<PAGE>



ITEM 3.           QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS.

         Market risk represents the risk of loss that may impact the
consolidated financial statements of the Company due to adverse changes in
financial market prices and rates. The Company's market risk exposure is
primarily a result of fluctuations in interest rates and foreign exchange rates.
The Company has not entered into derivative-hedging transactions to manage risk
connected with such fluctuations.

         The Company derived approximately 30% of its 1999 net sales to date
from its operations in Europe. The Company prices its products and incurs
operating expenses in Europe in the currency of the country in which the product
is manufactured and sold and, in the United States, in United States dollars. To
the extent that costs and prices are in the currency of the country in which the
products are manufactured and sold, the costs and prices of such products in
dollars will vary as the value of the dollar fluctuates against such currencies.
There can be no assurance that there will not be increases in the value of the
dollar against such currencies that will reduce the dollar return to the Company
on the sale of its products in such countries.



                                       19

<PAGE>



PART II.          OTHER INFORMATION

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

                  (a) Exhibits.

                  Exhibit 27.  Financial Data Schedule

                  (b) Reports on Form 8-K.

                  None.



                                       20

<PAGE>


                                    SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
each registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


Date:  May 18, 1999                       MOLL INDUSTRIES, INC.


                                          By:   /S/ PHYLLIS C. BEST
                                             -----------------------------
                                                   Phyllis C. Best
                                                   Chief Financial Officer

                                          ANCHOR HOLDINGS, INC.



                                          By:    /S/ PHYLLIS C. BEST
                                             -----------------------------
                                                   Phyllis C. Best
                                                   Chief Financial Officer



                                       21