Elanders AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 31, 2024 at 01:30 am EST
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Elanders AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 3,574 million compared to SEK 4,099 million a year ago. Net income was SEK 95 million compared to SEK 137 million a year ago. Basic earnings per share from continuing operations was SEK 2.7 compared to SEK 3.87 a year ago.
For the full year, sales was SEK 13,867 million compared to SEK 14,974 million a year ago. Net income was SEK 248 million compared to SEK 470 million a year ago. Basic earnings per share from continuing operations was SEK 7.02 compared to SEK 13.29 a year ago.
Elanders AB is a Sweden-based supplier with a broad range of services of integrated solutions in supply chain management. The Companyâs business activities are divided into two segments: Supply Chain Solutions and Print & Packaging Solutions. The Supply Chain Solutions segment includes supply chain solutions, such us procurement, warehousing, configuration, production and distribution, as well as order management, payment solutions and after sales services. The Print & Packaging Solutions offers print, freight and packing services, as well as sells photo products through its own brands fotokasten and myphotobook. The Company operates in around 20 countries, such as China, Singapore, Germany, the United Kingdom, Sweden and the United States, among others. Its main customers are active in the areas Automotive, Electronics, Fashion & Lifestyle, Industrial and Health Care & Life Science.
ELANDERS AB 
