Business Daily Media

Times Advertising

.

Elanders AB: Quarterly Report January

  • Written by ACN Newswire
Elanders AB: Quarterly Report January
Molndal, SWEDEN, July 13, 2018 - (ACN Newswire) - Quarterly Report January - June 2018

First six months- Net sales increased by 14 percent to MSEK 5,035 (4,403), whereof 11 percentage units were organic growth.- EBITA amounted to MSEK 199 (214).- The operating result amounted to MSEK 167 (182).- The result before tax amounted to MSEK 120 (143).- The net result amounted to MSEK 76 (107) or SEK 2.10 (3.02) per share. The result includes a one-off deferred tax cost of around MSEK 11, when deferred tax assets were reevaluated using the new corporate tax rate in Sweden.- Operating cash flow increased to MSEK 92 (-113).

Second quarter- Net sales increased to MSEK 2,613 (2,264), which was an increase of 15 percent, whereof 10 percentage units were organic growth.- EBITA increased to MSEK 116 (108), which was an improvement in the result by 7 percent.- The operating result increased to MSEK 100 (93).- The result before tax increased to MSEK 74 (73).- The net result amounted to MSEK 42 (54) or SEK 1.15 (1.52) per share. The result includes a one-off deferred tax cost of around MSEK 11, when deferred tax assets were reevaluated using the new corporate tax rate in Sweden.- Operating cash flow increased to MSEK 127 (47).

Further information can be found on Elanders' website www.elanders.com[1] or requested via e-mail [email protected][2].

Questions concerning this report can be addressed to:

Magnus NilssonPresident and CEO Phone: +46 31 750 07 50

Andreas Wikner Chief Financial Officer Phone: +46 31 750 07 50

Elanders AB (publ) (Company ID 556008-1621) Flojelbergsgatan 1 C431 35 Molndal, Sweden Phone: +46 31 750 00 00

This information is information that Elanders AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 08:00 CET on 13 July 2018.

Attachment2018-07-13 Elanders Press release Q2 2018 https://bit.ly/2mfucsH [3]

Topic: Press release summary http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ www.elanders.com (www.elanders.com)
  2. ^ [email protected] (www.acnnewswire.com)
  3. ^ https://bit.ly/2mfucsH (bit.ly)

Read more http://www.acnnewswire.com/press-release/english/44819/

“Time is running out to get Payday ready,” Brighter Super urges

Superannuation fund Brighter Super is encouraging business owners to prepare now for Payday Super, ahead of the new laws taking effect from 1 July...

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement.  Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems  As Australian hospitality venues grapple with...