Bong: Gross margins took a hit
Research Note
2020-07-15
14:38
Redeye is a bit surprised to see the sharp drop in gross margins. Q2 was however exceptional with sales declining by some 20%. Packaging is again showing good sales, but all-and-all we will probably need to adjust our estimates down for the group.
HA
VW
Henrik Alveskog
Viktor Westman
Disclosures and disclaimers