Press release from Elanders AB (publ)   2010-01-29

The fourth quarter:

  * Net sales fell by 27% totalling MSEK 455 (MSEK 621).
  * Operating profit amounted to MSEK -16.5 (MSEK -30.7). Profits were affected
    by costs of MSEK 19 (MSEK 65) for restructuring.
  * Pre-tax profit was MSEK -23.4 (MSEK -44.0).
  * Net result was MSEK -22.1 (MSEK -29.8) or SEK -2.25 per share (SEK -3.03 per
    share)1).
  * Operating cash flow amounted to MSEK 8 (MSEK 126).


January-December:

  * Net sales fell by 20 % totalling MSEK 1,757 (MSEK 2,191).
  * Operating profit amounted to MSEK -48.2 (MSEK 16.0). Profits were affected
    by costs of MSEK 35 (MSEK 89) for restructuring.
  * Pre-tax profit was MSEK -79.9 (MSEK -34.3).
  * Net result was MSEK -59.3 (MSEK -25.7) or SEK -6.03 per share (SEK -2.62 per
    share)1).
  * Operating cash flow amounted to MSEK 42 (MSEK 107 not including property
    sales of MSEK 110).
  * The Board of Directors and CEO propose that no dividend be distributed for
    2009 (SEK 0).

1) There was no dilution during the given periods.



Further information can be found on Elanders' website www.elanders.com
<http://www.elanders.com/> or via e-mail info@elanders.com


Questions concerning this report can be made to:

Magnus Nilsson                     Mats Almgren
President and                        CEO Chief Financial Officer
Phone +46 31 750 07 50         Phone +46 31 750 07 60
Mobile + 46 734 350 189         Mobile +46 705 181 936

Elanders AB (publ)
(Company ID 556008-1621)
P.O. Box 137
SE-435 23  Mölnlycke, Sweden
Phone +46 31 750 00 00





[HUG#1378665]





    Annual Accounts Report 2009 Elanders AB: http://hugin.info/1053/R/1378665/339103.pdf