Elanders AB : Quarterly Report January - June 2014

The first six months

  * Net sales increased by 75 % to MSEK 1,761 (1,005).
  * The operating result increased to MSEK 77 (51), which is an improvement of
    51 % over the same period last year.
  * The result before tax increased to MSEK 60 (36), which is an improvement of
    64 %.
  * The net result amounted to MSEK 31 (22) or SEK 1.30 (0.95) per share.
  * Operating cash flow was MSEK -192 (4), of which acquisitions were MSEK -254
    (-22).
  * The new issue was oversubscribed and generated MSEK 121 after issue costs.
  * A considerable improvement in profit compared to 2013 continues to be
    forecasted for 2014.

The second quarter

  * Net sales increased by 78 % to MSEK 910 (512).
  * The operating result increased to MSEK 40 (28), which is an improvement of
    40 % over the same period last year.
  * The result before tax increased to MSEK 32 (21), which is an improvement of
    53 %.
  * The net result amounted to MSEK 15 (12) or SEK 0.61 (0.50) per share.
  * Operating cash flow was MSEK 81 (34), of which acquisitions were MSEK 0 (-
    2).

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

Questions concerning this report can be addressed 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

The information in this press release has been made public according to the
Swedish Securities Market Act and/or the Swedish Financial Instruments Trading
Act. This information was published at 08:00 CET on 17 July 2014.


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