* Net sales rose by 12 % totalling MSEK 522 (MSEK 466).
* Operating profit amounted to MSEK 31.3 (MSEK 40.0).
* Pre-tax profit amounted to MSEK 19.2 (MSEK 31.8).
* Net profit was MSEK 12.7 (MSEK 25.2) or SEK 1.30 per share (SEK
2.85 per share)1).
* Operating cash flow rose to MSEK 110.7 (MSEK -219.7).
* The year began positively on the market but there were certain
negative effects on profits that are limited to the first
quarter.
* Fewer production days, further unplanned start-up costs for the
Italian unit, operating losses during the shutting down process
in Östervåla and temporary problems with the production of
educational material in Hungary affected profit negatively by a
total of MSEK 19 in the period compared with the previous year.
* In the beginning of February Elanders acquired Seiz Printing Inc.
in Atlanta, U.S.A., which is an important platform for deliveries
to the Group's customers on the North American continent.
* The forecast for 2008 is maintained with an increase in net sales
and pre-tax profits compared with 2007, not including capital
gains of MSEK 40.6 from the sale of the property in Kungsbacka.
1) There was no dilution during the given periods.
Further information can be found on Elanders' website
www.elanders.com or via
e-mail info@elanders.com. Questions concerning this report can be
made to:
Patrick Holm
President and CEO
Phone +46 31 750 07 50
Mobile +46 708 210 410
Mats Almgren
Chief Financial Officer
Phone +46 31 750 07 60
Mobile +46 705 181 936
