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Bong AB: Redeye: Bong - Challenging Year Ahead

Redeye is lowering its forecasts and valuation for Bong in the wake of
the Corona crisis. 2020 will be a challenging year for Bong since
several business units are affected by the shut-downs in Europe. We
expect to see a significant drop in volumes and more restructuring
measures. Light Packaging is affected to a lesser extent but will
certainly not balance the expected decline in envelopes.

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This is a press release from Redeye - Research Powered Investment


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