Elanders AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 12, 2023 at 01:30 am EDT
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Elanders AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 3,450 million compared to SEK 3,525 million a year ago. Net income was SEK 64 million compared to SEK 138 million a year ago. Basic earnings per share from continuing operations was SEK 1.8 compared to SEK 3.91 a year ago.
For the six months, sales was SEK 7,040 million compared to SEK 6,897 million a year ago. Net income was SEK 88 million compared to SEK 224 million a year ago. Basic earnings per share from continuing operations was SEK 2.48 compared to SEK 6.32 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 
