* Net sales rose by 8 % totalling MSEK 1,570 (MSEK 1,449).
* Operating profit amounted to MSEK 46.7 (MSEK 142.5).
* Pre-tax profit amounted to MSEK 9.7 (MSEK 113.1).
* Net profit was MSEK 4.1 (MSEK 108.8) or SEK 0.41 per share (SEK
11.5 per share)1).
* Operating cash flow rose to MSEK 92 (MSEK -291).
* Weakening demand from customers in consumer electronics, vehicles
and white
goods in Sweden and Hungary.
* During the third quarter measures to adjust to the change in
order volumes were initiated in Sweden and Hungary, among them
reducing the number of employees by 75 people in Sweden.
* Continued success in Germany and China.
* The forecast for 2008 was changed in the press release on 22
September 2008 to pre-tax profits of around MSEK 50 and profits
after tax of approximately MSEK 35. The forecast given was "an
increase in net sales compared with 2007, pre-tax profits of
around MSEK 100 and profits after tax of approximately MSEK 75."
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 Mats Almgren
President and CEO Chief Financial
Officer
Phone +46 31 750 07 50 Phone +46 31 750 07
60
Mobile +46 708 210 410 Mobile +46 705 181 936
Elanders AB (publ)
(Company ID 556008-1621)
Designvägen 2
SE-435 33 Mölnlycke
Phone +46 31 750 00
00
