Elanders AB : Interim Report January - June 2012

The first six months

  * Net sales increased by 7 % totaling MSEK 941 (878).
  * Operating result increased to MSEK 58 (40). The result included positive
    one-off items of MSEK 16 (0).
  * Result before tax increased to MSEK 46 (27), which was an improvement of 11
    % not including one-off items.
  * Net result amounted to MSEK 32 (20) or SEK 1.56 (1.02) per share.
  * Operating cash flow increased to MSEK 69 (30), of which acquisitions were
    MSEK 3 (0).
  * The forecast for 2012 has been revised to an increase in net sales and a
    better result before tax compared to 2011. Result before taxes in 2011
    amounted to MSEK 80. The previous forecast was an increase in net sales and
    a better result before tax compared to 2011, not including the MSEK 25 in
    positive one-off items posted in 2011.
  * The acquisition of the German companies fotokasten GmbH and d|o|m Deutsche
    Online Medien GmbH was completed in May.

The second quarter

  * Net sales increased by MSEK 481 (434) which was an increase of 11 %, 4 % of
    which was organic growth.
  * Operating result amounted to MSEK 39 (21). The result included positive one-
    off items of MSEK 16 (0).
  * Result before tax increased to MSEK 32 (14), which was an increase by 13 %,
    not including one-off items.
  * Net result amounted to MSEK 22 (9) or SEK 1.03 (0.44) per share.
  * Operating cash flow increased to MSEK 42 (12), of which acquisitions were
    MSEK 3 (0).

Further information can be found on Elanders' website www.elanders.com or
requested via e-mail to info@elanders.com.

Questions concerning this report can be made to:

Magnus Nilsson
President and CEO
Phone +46 31 750 07 50

Andréas Wikner
Chief Financial Officer
Phone +46 31 750 07 50

Elanders AB (publ)
(Company ID 556008-1621)
P.O. Box 137
SE-435 23 Mölnlycke, Sweden
Phone +46 31 750 00 00

Elanders AB is required to disclose the information provided herein pursuant to
the Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 8.00 a.m. on 12 July 2012.


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