Redeye: Bong - Blended fourth quarter

Redeye: Bong - Blended fourth quarter Overall the Q4-numbers were just below our expectations, mainly because of lower envelope sales and gross margins. However, Light Packaging showed continued solid growth and SG&A expenses for the group have declined. Hence earnings were not too far from our estimates. Paper prices are soft at the moment. We believe this will give Bong a chance to improve gross margins in the coming year. Read more and download the Research Update: http://bit.ly/2HwTHAk (http://bit.ly/2QzrEpu) Start following companies at Redeye to receive the latest equity research within Life Science and Technology. This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/ ------------------------------------------------------------ Denna information skickades av Cision http://news.cision.com/se https://news.cision.com/se/bong-ab/r/redeye--bong--blended-fourth-quarter,c3036880