Report on the annual accounts for 2007

Press release from Elanders AB (publ) 2008-02-01

Net turnover rose by 21 % totalling 2,036 (MSEK 1,680) ¹⁾.
Operating profit increased to MSEK 226.8 (MSEK 174.0) ¹⁾.
Pre-tax profit increased to MSEK 184.1 (MSEK 152.3) ¹⁾.
Net profit was MSEK 172.2 (MSEK 115.1) ¹⁾ or SEK 18.06 (SEK 13.00) per share ¹⁾ ²⁾.
In December the Group sold the property it owned in Kungsbacka, generating capital gains of MSEK 40.6 or 4.26 per share, which is included in the operating profit and net profit per share above.
The merger of the operations in the business area Infologistics led to write-downs and provisions reaching in total MSEK -20 or SEK -2.10 per share, which is included in the operating profit and net profit per share above.
Elanders won a tax case in the third quarter which reduced the period’s tax expenses by MSEK 21.1 or SEK 2.22 per share.
Operating cash flow amounted to MSEK 18 (MSEK 138), together with MSEK -248 (MSEK 0) in acquisitions.
During the year the Group signed important contracts with, among others, Electrolux, Bayer, Bosch (UK), Braun, Saab Automobile and Scania.
During the year Elanders acquired Sommer Corporate Media in Waiblingen (Stuttgart) and 80 % of Artcopy in São Paulo, which are strategically important platforms for future expansion in, among others, the automotive industry in Western Europe and South America.
The establishment of the Group’s joint venture (50/50) with Hansaprint Oy in Cluj Napoca in Romania is proceeding according to plan and Elanders’ investments are expected to reach MSEK 50.
In this report the divested operations in Kungsbacka are recorded separately, in accordance with IFRSs.
The Board of Directors proposes a dividend of SEK 4.50 per share (SEK 2.50 per share).
The forecast for 2008 is an increase in turnover and pre-tax profits compared with 2007, not including capital gains of MSEK 40.6 from the sale of the property in Kungsbacka.

¹⁾ The figures refer to the remaining units
²⁾ There was no dilution during the given periods

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