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. Read more and download the Research Update: https://bit.ly/2za5aoM Start following companies at Redeye to receive the latest equity research within Life Science and Technology. This is a press