Elanders: Profit for the year is expected to end up around 25-35 percent higher than previously communicated

The fourth quarter is expected to be considerably stronger than previously
communicated and the result before tax for the year is expected to land in the
interval MSEK 125-135 (102) including one-off items of MSEK -42 (5). Excluding
one-off items the result before tax for the year is expected to be 70-80 percent
better than 2013. All business areas have developed stronger than anticipated.

The positive development in profit is due to higher demand for the company's
products and services as well as the fact that the synergies created from
acquisitions and organizational streamlining have had a greater impact than
expected.

The improvement in profit stems from all business areas although the greatest
contribution comes from Supply Chain Solutions. The business area has developed
well throughout the year and, cleared from normal seasonal effects, demand has
been much higher than expected in the fourth quarter, which has resulted in
higher sales and better profits.

Demand increased in the business area Print & Packaging in several markets in
the fourth quarter, which raised the result somewhat. In addition, the
production synergies between the two business areas e-Commerce and Print &
Packaging has generated a substantially more positive effect on the result than
expected. Among other things, the cost benefits of increased photobook volumes
has been greater than expected.

"Elanders currently has an attractive and global offer in Supply Chain and Print
& Packaging. The fact that all our three business areas deliver better than
expected shows that our measures to restructure and streamline our operations
have been effective. We now intend to expand on the potential in our integrated
customer offer", says Magnus Nilsson, President and CEO for Elanders.

Improved forecast for the full year of 2014
During the fourth quarter there has been a greater demand for the company's
products and services, therefore the forecast for 2014 presented in the latest
quarterly report has been surpassed. The previous forecast was "The result
before tax for the full year of 2014, including one-off items, is forecasted to
be on par with 2013."

The revised forecast for the full year of 2014 is that the result before tax,
including restructuring costs of MSEK -42, is expected to land in the interval
MSEK 125-135. Excluding one-off items the result before tax for the year is
expected to be 70-80 percent better than 2013.


For further questions, please contact
Magnus Nilsson, President and CEO, telephone: +46 31 750 07 50
Andréas Wikner, CFO, telephone: +46 31 750 07 50


The information in this press release has been made public according to the
Swedish Securities Market Act and/or the Swedish Financial Instruments Trading
Act. This information was published on 17 December 2014.




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