Elanders AB (publ) Interim Report January - September 2011

January-September

  * Net sales increased by 7 % totaling MSEK 1,300 (MSEK 1,215).
  * Operating result amounted to MSEK 52 (-82). The result was affected by one-
    off items of MSEK 0 (-40).
  * Result before tax was MSEK 31 (-104).
  * Net result amounted to MSEK 23 (-82) or SEK 1.17 (-8.29) per share.
  * Operating cash flow amounted to MSEK 18 (-86), of which acquisitions were
    MSEK -6 (-27).
  * The forecast for the full year 2011 remains unchanged with an expected
    positive result before tax.

The third quarter

  * Net sales increased by 4 % totaling MSEK 423 (MSEK 406).
  * Operating result amounted to MSEK 13 (-62). The result was affected by one-
    off items of MSEK 0 (-54).
  * Result before tax was MSEK 4 (-71).
  * Net result amounted to MSEK 3 (-52) or SEK 0.15 (-5.04) per share.
  * Operating cash flow amounted to MSEK -12 (-14), of which acquisitions were
    MSEK -6 (-24).

Further information can be found on Elanders' websitewww.elanders.com or via e-
mail 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 is required under the Securities Market Act to make the information in
this press release public. The information was submitted for publication on 28
October 2011.


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