Elanders AB: Quarterly Report January - June 2016
(Thomson Reuters ONE) -
First six months
* Net sales increased to MSEK 2,077 (2,072).
* The operating result excluding one-off costs increased to MSEK 127 (117).
Including one-off costs the operating result increased to MSEK 122 (117).
* The result before tax excluding one-off costs increased to MSEK 119 (99),
which is an improvement of 20%. Including one-off costs the result before
tax increased to MSEK 111 (99).
* The net result increased to MSEK 80 (65) or SEK 3.03 (2.46) per share.
* Excluding acquisitions, the operating cash flow amounted to MSEK 101 (132).
Including acquisitions operating cash flow was MSEK 68 (132).
* In June 2016 Elanders signed a contract to acquire LGI Logistics Group
International GmbH, a supply chain company with a strong presence in Europe
and particularly Germany. Through the acquisition Elanders double annual net
sales from 4.2 to about 8.3 billion Swedish kronor and the number of
employees rise from 3,200 to about 7,200 (proforma 2015).
* One-off costs consist of advisory and financial costs in connection with the
acquisition of LGI. Another MSEK 28-33 is expected to charge the result in
the third quarter if all conditions of the acquisition are met.
Second quarter
* Net sales increased to MSEK 1,079 (1,066).
* The operating result excluding one-off costs increased to MSEK 71 (63).
Including one-off costs the operating result increased to MSEK 66 (63).
* The result before tax excluding one-off costs increased to MSEK 68 (55),
which was an improvement by 24 %. Including one-off costs the result before
tax was MSEK 61 (55).
* The net result increased to MSEK 45 (38) or SEK 1.69 (1.43) per share.
* Operating cash flow was MSEK 64 (116).
Further information can be found on Elanders' website www.elanders.com or
requested via e-mail info(at)elanders.com.
Questions concerning this report can be addressed to:
Magnus Nilsson
President and CEO
Phone: +46 31 750 07 50
Andréas Wikner
Chief Financial Officer
Phone: +46 31 750 07 50
Elanders AB (publ)
(Company ID 556008-1621)
P.O. Box 137
SE-435 23 Mölnlycke, 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 2016.
2016-07-13 Elanders Press release Q2 2016:
http://hugin.info/1053/R/2028178/753909.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Elanders AB via GlobeNewswire
[HUG#2028178]
Unternehmensinformation / Kurzprofil:
Datum: 13.07.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 483027
Anzahl Zeichen: 3411
contact information:
Town:
Mölnlycke
Kategorie:
Business News
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