Redeye: Bong - Solid growth in Light Packaging

Redeye: Bong - Solid growth in Light Packaging Bongs Q3-numbers were slightly better than we anticipated. Light Packaging is showing solid growth of 7 percent Y/Y (Fx-adjusted). Envelope sales were however down 9 percent (Fx-adjusted), which is no surprise and basically in line with the general market trend. Gross margins recovered a little compared to the previous quarter while SG&A were stable. EBIT: SEK 7 million is lower Y/Y but higher Q/Q (and just above our estimate: SEK 3m). Read more and download the Research Update: 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--solid-growth-in-light-packaging,c2968645