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Year-end Report Q4, January-December 2023

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October – December 2023

  • Net sales decreased to SEK 539 million (601)
  • Operating profit before depreciation decreased to SEK 39 million (60)
  • Operating profit decreased to SEK 4 million (43)
  • Earnings after tax amounted to SEK -7 million (22)
  • Earnings per share amounted to SEK -0.03 (0.11)
  • Cash flow after investing activities amounted to SEK 34 million (66)

January – December 2023

  • Net sales decreased to SEK 2,088 million (2,165)
  • Operating profit before depreciation decreased to SEK 135 million (165)
  • Operating profit decreased to SEK 44 million (98)
  • Earnings after tax amounted to SEK -7 million (43)
  • Earnings per share amounted to SEK -0.02 (0.21)
  • Cash flow after investing activities amounted to SEK 63 million (72)

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 2.1 billion and about 1,000 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 Carsten Grimmer, CFO of Bong AB (publ). 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 13.12 CET on 14 February 2024.

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