Net sales increased by 14% and amounted to MSEK 4,236 (3,730).
The operating result before depreciation (EBITDA) increased to MSEK 428 (292).
The operating result (EBIT) increased to MSEK 292 (175), which is an improvement of 67% over the same period last year. The operating margin increased to 6.9 (4.7)%.
One-off items charged the operating result for the period by MSEK -16 (-42).
The result before tax increased to MSEK 259 (140), which is an improvement of 85%.
The net result increased to MSEK 175 (88) corresponding to SEK 6.58 (3.48) per share.
Operating cash flow increased to MSEK 344 (-38). Excluding acquisitions, the operating cash flow amounted to MSEK 344 (216).
A contract was signed in December to acquire Schmid Druck, a niched packaging company in Germany, which is consolidated as of 1 January 2016.
The Board proposes an increase in dividends to SEK 2.20 (1.10) per share, entailing an increase of 100%.
Change in dividend policy: Dividends to shareholders will follow the long-term result development in the company and correspond on average to 30-50% of the result after tax (previously approx. 30%).
The fourth quarter
Net sales increased by 2% to MSEK 1,124 (1,099).
The operating result before depreciation (EBITDA) increased to MSEK 154 (101).
The operating result (EBIT) increased to MSEK 111 (71) while the operating margin increased to 9.9 (6.4)%.
One-off items charged the operating result for the period by MSEK -16 (-38).
The result before tax increased to MSEK 105 (62).
The net result increased to MSEK 73 (45) corresponding to SEK 2.77 (1.70) per share.
Operating cash flow increased to MSEK 237 (175).
Further information can be found on Elanders' website www.elanders.com: http://www.elanders.com or requested via e-mail info@elanders.com: mailto:info@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
The information in this press release has been made public according to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was published on 27 January 2016.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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
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.