Elanders AB (publ) - Interim report for January-March 2007



* In this report the operations in Kungsbacka that were divested
  during the quarter are recorded separately, in accordance with
  IFRSs, as divested operations.

* Net turnover for the remaining units rose by 14 % totalling MSEK
  466 (MSEK 409), of which the acquired operations in Germany
  generated MSEK 38 (MSEK 0).

* Operating profit for the remaining units amounted to MSEK 40.0
  (MSEK 32.0), of which the acquired operations in Germany generated
  MSEK 5.3 (MSEK 0).

* Pre-tax profit for the remaining units amounted to MSEK 31.8 (MSEK
  27.5).

* Net profit for the remaining units was MSEK 25.2 (MSEK 19.4) or SEK
  2.85 per share (SEK 2.19 per share)*.

* Operating cash flow amounted to MSEK -220 (MSEK 81), of which MSEK
  -240 was acquisitions.

* An eventful quarter with the strategically important acquisition of
  Sommer Corporate Media and the divestiture of the directories
  operations in Kungsbacka.

* During the period the Group won important orders from, among
  others, Electrolux, Bosch (UK), Braun, Saab Automobiles and Scania.

* In the beginning of April Ford Motor Company named Elanders one of
  their best global suppliers in 2006.

* As previously forecasted improvements in turnover and pre-tax
  profits compared with 2006, not including costs for write-downs
  etc. in Kungsbacka of MSEK -151, are anticipated for 2007.
      *) 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                       Mobile +46 705 181 936
410

Attachments

Interim report for January-March 2007