Year-end Report Q4, January-December 2019
October – December 2019
- Net sales decreased to SEK 568 million (603)
- Operating profit before depreciation increased to SEK 36 million (5) including IFRS 16 impact of SEK 15 million
- Operating profit increased to SEK 14 million (-85)
- Earnings after tax amounted to SEK -1 million (-123)
- Earnings per share amounted to SEK 0.00 (-0.58)
- Cash flow after investing activities amounted to SEK 55 million (-6) including IFRS 16 impact of SEK 13 million
January – December 2019
- Net sales decreased to SEK 2,166 million (2,220)
- Operating profit before depreciation increased to SEK 121 million (71) including IFRS 16 impact of SEK 59 million
- Operating profit increased to SEK 32 million (-52)
- Earnings after tax amounted to SEK -24 million (-148)
- Earnings per share amounted to SEK -0.11 (-0.71)
- Cash flow after investing activities amounted to SEK 78 million (-65) including IFRS 16 impact of SEK 51 million
Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution and packaging of information, advertising materials and lightweight goods. Important growth areas in the Group are packaging within retail and e-commerce and the envelope market within Eastern Europe. The Group has annual sales of approximately SEK 2.2 billion and about 1,400 employees in 12 countries.
Bong has strong market positions in most of the important markets in Europe and the Group sees interesting possibilities for continued development. Bong is a public limited company and its shares are listed on Nasdaq Stockholm (Small Cap).
For further information, please contact Kai Steigleder, CEO for Bong AB. Tel (switchboard) 46 44-20 70 00
This is information that Bong AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on 13 February 2020.
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