Elanders AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 17, 2022 at 07:00 am EDT
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Elanders AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 3,979 million compared to SEK 2,865 million a year ago. Net income was SEK 109 million compared to SEK 55 million a year ago. Basic earnings per share from continuing operations was SEK 3.1 compared to SEK 1.54 a year ago.
For the nine months, sales was SEK 10,875 million compared to SEK 8,369 million a year ago. Net income was SEK 333 million compared to SEK 206 million a year ago. Basic earnings per share from continuing operations was SEK 9.42 compared to SEK 5.84 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 
