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Bong Q4 2023: In-line - Redeye

Redeye’s expectations for the fourth quarter were basically in-line with reported numbers. Sales continued to decline around 10% within both business segments. The general market outlook remains soft, but Bong is optimistic about it’s Light Packaging business, where they are confident of reaching double-digit growth in 2024. We will probably only make minor changes to our financial forecasts.

Redeye’s expectations for the fourth quarter were basically in-line with reported numbers. Sales continued to decline around 10% within both business segments. The general market outlook remains soft, but Bong is optimistic about it’s Light Packaging business, where they are confident of reaching double-digit growth in 2024. We will probably only make minor changes to our financial forecasts.
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