Bong: A little brighter outlook

Research Update

2019-05-23

07:30

The Q1- report showed some improvement across the board. Nothing very drastic, but certainly better than in the last few quarters when gross margins deteriorated. Q1 gross margins of 17.5 percent is a little higher Y/Y and clearly better Q/Q. It now looks like the margin squeeze from higher raw material costs will abate. After last years’ price increases for pulp and paper we have recently seen signs of a weaker paper market in some segments. Also Bong has implemented price increases that should improve margins gradually through 2019.

HA

VW

Henrik Alveskog

Viktor Westman

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.