Elanders AB : Quarterly Report January - September 2014

January - September

  * Net sales increased by 76% and amounted to MSEK 2,631 (1,498).
  * The operating result excluding one-off items increased to MSEK 108 (72),
    which is an improvement of 50% over last year.
  * The operating result including one-off items increased to MSEK 104 (77).
  * The result before tax excluding one-off items increased to MSEK 81 (50),
    which is an improvement of 62% over last year.
  * The result before tax including one-off items increased to MSEK 78 (55).
  * The net result increased to MSEK 43 (35) or SEK 1.72 (1.50) per share.
  * Operating cash flow was MSEK -213 (-53), of which acquisitions were MSEK
    -254 (-103).
  * The new issue which was carried out in the second quarter was oversubscribed
    and generated MSEK 121 after issue costs.
  * The result before tax for the full year of 2014, including one-off items
    amounting to approximately MSEK 40, is forecasted to be on par with 2013.

The third quarter

  * Net sales increased by 77% to MSEK 871 (493).
  * The operating result excluding one-off items increased to MSEK 30 (21),
    which is an improvement of 43% over the same period last year.
  * The operating result including one-off items increased to MSEK 27 (26).
  * The result before tax excluding one-off items increased to MSEK 21 (14),
    which is an improvement of 50% over the same period last year.
  * The result before tax including one-off items amounted to MSEK 18 (19).
  * The net result amounted to MSEK 12 (13) or SEK 0.43 (0.56) per share.
  * Operating cash flow was MSEK -21 (-58), of which acquisitions were MSEK 0 (-
    80).

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 on 22 October 2014.


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