Bong: Turn-around in Sight!
Research Update
2020-11-16
07:20
Redeye is now more optimistic about a turn-around despite very tough market conditions. Bongs Q3-report clearly indicates that costs have been managed in an excellent way. Envelopes are suffering, but the flip side of the coin is that Bongs point of gravity is shifting faster than ever towards Packaging. We are now raising our earnings estimates and fair value range somewhat.
HA
VW
Henrik Alveskog
Viktor Westman
Disclosures and disclaimers