KUNGSBACKA, Sweden, April 25, 2003 (PRIMEZONE) -- Elanders: the Annual General Meeting, led by Chairman of the Board Carl Bennet, decided the following
- Adopt the annual accounts for 2002
- Confirm the decision of the board not to distribute a dividend for 2002
- discharge the members of the board and the Chief Executive Officer from liability for the financial year 2002
- Grant, according to the proposal in the summons to attend, the board a remuneration of a total of SEK 1,575,000 to be divided among the members for the financial year 2003 and grant remuneration to the auditors as billed
- Appoint, according to the proposal in the summons to attend, the following members to the board until the next Annual General Meeting is held in 2004
Carl Bennet (re-election) Per-Olof Sjoberg (re-election) Erik Gabrielson (re-election) Ingegerd Green (new election) Patrick Holm (CEO) (new election) Gunilla Jonson (re-election) Willi Persson (re-election) Johan Stern (re-election) Tore Aberg (re-election)
- Enter an addition into the articles of association which reads as follows "the Annual General Meeting can be held in the place the company is registered as well as in Gothenburg or Molnlycke."
CEO Patrick Holm said in his speech to the Annual General Meeting that Elanders has excellent prospects for the future, particularly pertaining to full-service solutions for publishing to large industrial groups within the framework of the Master Vendor concept. He gave several examples of successful Master Vendor deals in strategic market segments. Patrick Holm further emphasised that the forecast for 2003 of pre-tax profits of MSEK 50, is still realistic.
For further information please contact:
Carl Bennet Patrick Holm
Chairrman of the Baard President and CEO
Elanders AB Elanders AB
Phone +46 300 50 000 Phone +46 300 501 95
Mobile +46 708 210 410
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The following files are available for download:
http://www.waymaker.net/bitonline/2003/04/25/20030425BIT00300/wkr0001.doc
http://www.waymaker.net/bitonline/2003/04/25/20030425BIT00300/wkr0002.pdf