Elanders AB Reports Consolidated and Parent Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012; Proposes Dividend for the Year 2012
January 29, 2013 at 09:06 am IST
Share
Elanders AB reported consolidated and parent earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the group reported net sales of SEK 527.3 million against SEK 538.4 million a year ago. Operating profit was SEK 47.6 million against SEK 57.3 million a year ago. Profit attributable to parent company shareholders was SEK 8.2 million or SEK 0.36 per share against profit attributable to parent company shareholders of SEK 37.4 million or SEK 1.92 per share a year ago. Cash inflow from operating activities was SEK 126.8 million against SEK 69.7 million a year ago. Net investments in intangible and tangible assets were SEK 35.3 million. Net debt at the end of the period was SEK 688.3 million against SEK 675.5 million a year ago. Return on total assets was 9.0% against 14% a year ago. Return on equity was 3.5% against 17.3% a year ago.
For the year, the group reported net sales of SEK 1,924.2 million against SEK 1,838.8 million a year ago. Operating profit was SEK 118.5 million against SEK 109.8 million a year ago. Profit attributable to parent company shareholders was SEK 44.6 million or SEK 2.05 per share against profit attributable to parent company shareholders of SEK 60.2 million or SEK 3.09 per share a year ago. Cash inflow from operating activities was SEK 214.7 million against SEK 84.3 million a year ago. Net investments in intangible and tangible assets were SEK 71.9 million against SEK 19.3 million a year ago. Net debt at the end of the period was SEK 688.3 million against SEK 675.5 million a year ago. Return on total assets was 7.4% against 7.3% a year ago. Return on equity was 4.8% against 7.1% a year ago.
For the quarter, the parent reported operating loss of SEK 9.8 million against SEK 11.7 million a year ago. Profit was SEK 21.0 million against SEK 21.5 million a year ago.
For the year, the parent reported operating loss of SEK 29.4 million against SEK 26 million a year ago. Profit was SEK 17.3 million against SEK 7.7 million a year ago.
The Board proposed a dividend of SEK 0.60 per share for the year 2012 compared to SEK 0.50 per share 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.
Elanders AB Reports Consolidated and Parent Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012; Proposes Dividend for the Year 2012
ELANDERS AB 
