KUNGSBACKA, Sweden, Jan. 31, 2002 (PRIMEZONE) -- Elanders AB:
-- The Group returned to profit during the fourth quarter. Pre-tax profits for the quarter amounted to MSEK 28,8 (MSEK 58,5). -- Cash flow during the fourth quarter amounted to MSEK 99, an improvement over the fourth quarter of the previous year by MSEK 148 (MSEK -49). -- Net turnover totaled MSEK 2494 (MSEK 2539). -- Pre-tax profits amounted to MSEK 0,3 (MSEK 142,2). -- A decrease in order intake from the telecom sector and a decline in demand for our products and services due to the downward business cycle are the primary factors behind lower profits in 2001. -- The new organization with two business areas has contributed to a more efficient use of the Group's resources. -- The board of directors proposes to the Annual General Meeting a dividend of SEK 1 per share (SEK 4,50).
Elanders, the leading Nordic infomedia group, is organized into two business areas:
Infologistics -- One-stop shop solutions that meet customer requirements for producing, printing and distributing information -- the Master Vendor Concept. -- Development of Publishing Management solutions for customers that publish large amounts of data for business-to-business. -- Database publishing and Cross Media Publishing of trade information in a variety of media such as print, CD-ROM, the Web and e-commerce. -- Information structuring and system solutions for integrated publishing. -- Business development, support and outsourcing services. -- Offset and digital printing (print-on-demand). -- Product catalogues and manuals for industrial and commercial companies in any media. -- Educational material for schools and universities in Sweden and Great Britain, as well as public printing for The Swedish Parliament, the government, governmental departments etc. -- Production and sales in Angered, Falkoping, Gothenburg, Helsingborg, Landskrona, Malmo, Stockholm, Surte, Trelleborg and Ostervala (Sweden), Espoo (Finland), Oslo (Norway). Newcastle (U.K.) and Zalalovo (Hungary). Infoprint -- Products with a large number of pages that are printed offset and digitally, in varying editions. -- Exports to some 20 European countries. -- Customized solutions for advertisements and magazines in colour. -- Production and sales in Kungsbacka (Sweden), Oslo (Norway), Harrogate (U.K.) and Plonsk (Poland). Business area sales and profits Fourth quarter Net turnover Profits MSEK 2001 2000 2001 2000 Business area Infologistics (1)(2) 423 466 13,8 35,8 Infoprint 270 268 23,5 36,7 Items affecting comparability -13,0 Total 693 734 37,3 59,5 Net financial items -8,5 -1,0 Group 693 734 28,8 58,5 January - December Net turnover Profits MSEK 2001 2000 2001 2000 Business Area Infologistics(1)(2) 1649 1653 27,6 115,6 Infoprint 845 886 11,5 55,6 Items affecting comparability 0 -13,0 Total 2494 2539 39,1 158,2 Net financial items -38,8 -16,0 Group 2494 2539 0,3 142,2 (1) KaPe included from April 1, 2000 (2) The Novum Group included from October 1, 2000
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