Elanders AB (publ): Report on the annual accounts for 2006


Elanders AB (publ): Report on the annual accounts for 2006Turnover increased by 2 % and amounted to MSEK 1,988 (MSEK 1,953). Operating profit amounted to MSEK -8.8 (MSEK 121.8) after expenses for write-downs etc. in the operations in Kungsbacka of MSEK -151 (0). Pre-tax profit/loss was MSEK -31.8 (MSEK 105.3) after expenses for write-downs etc. in the operations in Kungsbacka of MSEK -151 (0). Net profit/loss totalled MSEK -49.0 (MSEK 77.6) or SEK -5.85 per share (SEK 9.27 per share)*. The effect on net profit/loss of the expenses for write-downs etc. in the operations in Kungsbacka was MSEK -139.8 or SEK -16.70 per share. Operating cash flow amounted to MSEK 141 (MSEK 21). Write-downs etc. in the operations in Kungsbacka did not affect cash flow. A contract has been signed with Sommer Corporate Media in Waiblingen, Germany, which will have a positive effect on results in 2007. Further details are given in a separate press release presented today. The Board plans to propose that the acquisition is partially financed through a new share issue of MSEK 150 with preferential rights for all shareholders with an offering price of SEK 110, which is 1 new share per 6 old shares. After the planned divestiture of operations in Kungsbacka during the first quarter of 2007 the unit for page and advertising production in Stockholm will become part of Infologistics and the business area Infoprint will cease to exist. During the period the Group signed such significant contracts as those with Ahsell, Alfa Laval, Astra-Zeneca, Bergman & Beving, Fuji Digital Cameras, the United Nations, General Motors Europe, Husqvarna, Kinnevik, SAS and the Swedish Parliament. The Board of Directors proposes a dividend of SEK 2.50 per share (SEK 2.50 per share). The forecast for 2007 is improvement in turnover and pre-tax profit compared with 2006, not including expenses for write-downs etc. in the operations in Kungsbacka of MSEK -151. *) No dilution took place during the given periods. Questions concerning this report can be made to: Patrick HolmMats AlmgrenPresident and CEOChief Financial OfficerTelephone: +46 31- 750 0750Telephone: +46 31- 750 0760Mobile: +46 708-210 410Mobile: +46 705-181 936 The full report including tables can be downloaded from the following link:Attachment: Annual accounts for 2006 (PDF) Text version / Internet version / Print / Close