Elanders AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 29, 2019 at 01:30 pm IST
Share
Elanders AB announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced sales was SEK 2,890 million compared to SEK 2,584 million a year ago. Operating income was SEK 153 million compared to SEK 86 million a year ago. Net income was SEK 107 million compared to SEK 44 million a year ago. Basic earnings per share was SEK 3.01 compared to SEK 1.24 a year ago. For the full year, sales was SEK 10,742 million compared to SEK 9,342 million a year ago. Operating income was SEK 459 million compared to SEK 308 million a year ago. Net income was SEK 254 million compared to SEK 164 million a year ago. Basic earnings per share was SEK 7.18 compared to SEK 4.65 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 
