Elanders AB Publ Reports Earnings Results for the Third Quarter Ended September 30, 2021
October 15, 2021 at 11:00 am IST
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Elanders AB publ announced earnings results for the third quarter ended September 30, 2021. For the third quarter, the company announced sales was SEK 2,865 million compared to SEK 2,778 million a year ago. Operating income was SEK 111 million compared to SEK 177 million a year ago. Net income was SEK 55 million compared to SEK 100 million a year ago. For the nine months, sales was SEK 8,369 million compared to SEK 8,164 million a year ago. Operating income was SEK 371 million compared to SEK 303 million a year ago. Net income was SEK 206 million compared to SEK 134 million a year ago.
Elanders AB is a Sweden-based supplier with a broad range of services of integrated solutions in supply chain management. The Companyâs business activities are divided into two segments: Supply Chain Solutions and Print & Packaging Solutions. The Supply Chain Solutions segment includes supply chain solutions, such us procurement, warehousing, configuration, production and distribution, as well as order management, payment solutions and after sales services. The Print & Packaging Solutions offers print, freight and packing services, as well as sells photo products through its own brands fotokasten and myphotobook. The Company operates in around 20 countries, such as China, Singapore, Germany, the United Kingdom, Sweden and the United States, among others. Its main customers are active in the areas Automotive, Electronics, Fashion & Lifestyle, Industrial and Health Care & Life Science.