KUNGSBACKA, Sweden, July 19, 2002 (PRIMEZONE) -- Elanders:
- Net turnover dropped by 12 % to MSEK 1123,8 (MSEK 1272,1) - Pre-tax profit amounted to MSEK -45,3 (MSEK 4,9) - Cash flow for the first six months of the year improved by MSEK 150 compared with the previous year - A major deal with If Skadeforsakring based on the Master Vendor concept - New deal with France Telecom for three years with an estimated order value of MSEK 100 - Construction of Infomedia House West has begun - The divesture of Elanders Lithorex is a step in Group consolidation and the related estimated gain of MSEK 23 will be accounted for during the third quarter.
Elanders, the leading Nordic infomedia group, is organised into twobusiness areas:
Infologistics
-- Full-service solutions that meet customer requirements for producing, printing and distributing information - 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 printed matter, CD-ROM, the Web and e-commerce. -- Information structuring and system solutions for integrated publishing. -- Business development, support and outsourcing services. -- Print in 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, Malmo, Stockholm, Surte, Trelleborg and Ostervala (Sweden), Oslo (Norway), Newcastle (UK) and Zalalovo (Hungary).
Future reports from Elanders
The next press release from Elanders (report on nine months and thethird quarter) will be presented 21 October 2002 and the report on theannual accounts for 2002 will be issued 30 January 2003.
The company auditors have not reviewed this report.
The same accounting principles have been used in this report as in the annual accounts for 2001.
Kungsbacka 19 July 2002
Patrick HolmPresident and Chief Executive OfficerTelephone +46 300-501 95 or +46 708 210 410.
Further information about Elanders can be found on our website www.elanders.se or via e-post info@elanders.se
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www.waymaker.net/bitonline/2002/07/19/20020719BIT00070/wkr0001.doc The full report www.waymaker.net/bitonline/2002/07/19/20020719BIT00070/wkr0002.pdf The full report