Elanders AB Reports Earnings Results for the First quarter Ended March 31, 2021
April 28, 2021 at 01:30 am EDT
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Elanders AB (publ) announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was SEK 2,734 million compared to SEK 2,572 million a year ago. Operating income was SEK 129 million compared to SEK 67 million a year ago. Net income was SEK 68 million compared to SEK 15 million 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.