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Elanders implements cost-cutting and streamlining program in the German operations

As part of our continuous work to improve the overall profitability in the Group Elanders will implement a cost-cutting and streamlining program during the fourth quarter. This will primarily affect the German operations in Elanders’ subgroup LGI, which is part…


Quarterly Report January – September 2019

January – September Net sales increased by six percent to MSEK 8,350 (7,852), of which two percentage points were organic growth.EBITA increased to MSEK 424 (353), which corresponded to an EBITA margin of 5.1 (4.5) percent. Excluding the effects of…


Elanders and Dimerco enter into a joint venture for air and sea freight forwarding business

The Taiwan-based global transportation and logistics specialist Dimerco acquires a 25 percent stake in Elanders’ newly founded subsidiary, ITG Air & Sea GmbH. The business in the new subsidiary mainly stems from Elanders’ subsidiary ITG’s air & sea freight forwarding…


Quarterly Report January – June 2019

First six months Net sales increased by ten percent to MSEK 5,525 (5,035), of which five percentage points were organic growth.EBITA increased to MSEK 255 (199), which corresponded to an EBITA margin of 4.6 (4.0) percent. Excluding the effects of…


Report from the Annual General Meeting 2019

The Annual General Meeting, led by Chairman of the Board Carl Bennet, decided to: adopt the annual accounts for 2018discharge the members of the Board and the Chief Executive Officer from liability for the financial year 2018according to the proposal…