Elanders AB : Quarterly Report January - March 2017
(Thomson Reuters ONE) -
First quarter
* Net sales increased by 114 percent to MSEK 2,139 (998).
* EBITA, i.e. the operating result adjusted for amortization on assets
identified in conjunction with acquisitions, increased to MSEK 105 (62).
* The operating result increased to MSEK 90 (56), which was an improvement of
61 percent.
* The result before tax increased to MSEK 69 (51), which was an improvement of
35 percent.
* The net result increased to MSEK 53 (36) or SEK 1.49 (1.26) per share.
* The increase in net sales and the result is primarily due to the acquisition
of LGI, which has been consolidated into the Elanders Group since the end of
July 2016. With the same exchange rates and comparable units organic growth
was three percent.
* Operating cash flow amounted to MSEK -161 (3), of which -262 (0) consisted
of increased working capital in the form of accounts receivable due to a
repayment of a factoring debt. Cleared of this one-off effect and the
purchase price of acquisitions, operating cash flow was MSEK 101 (37).
* New financial goals have been drawn up and consist of goals for sales
growth, EBITA margin, net debt / EBITDA and return on capital employed.
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. The information was submitted for
publication, through the agency of the contact persons set out above, at 13:00
CET on 26 April 2017.
2017-04-26 Elanders Press release Q1 2017:
http://hugin.info/1053/R/2098850/795129.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Elanders AB via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 26.04.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 538487
Anzahl Zeichen: 2648
contact information:
Town:
Mölnlycke
Kategorie:
Business News
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"Elanders AB : Quarterly Report January - March 2017"
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