Elanders AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 17, 2023 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, 2023. For the third quarter, the company reported sales was SEK 3,253 million compared to SEK 3,979 million a year ago. Net income was SEK 65 million compared to SEK 109 million a year ago. Basic earnings per share from continuing operations was SEK 1.83 compared to SEK 3.1 a year ago.
For the nine months, sales was SEK 10,292 million compared to SEK 10,875 million a year ago. Net income was SEK 152 million compared to SEK 333 million a year ago. Basic earnings per share from continuing operations was SEK 4.32 compared to SEK 9.42 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 
