Elanders AB (publ) Q1 Report 2010-04-26

The first quarter:

  * Net sales fell by 16 % totaling MSEK 401 (MSEK 477).
  * Operating result amounted to MSEK -11.9 (MSEK 12.1). One-off items of MSEK
    10.3 (MSEK 0) had a positive effect on operating result.
  * Pre-tax result was MSEK -19.4 (MSEK 2.9).
  * Net result was MSEK -18.7 (MSEK 3.4) or SEK -1.92 per share (SEK 0.34 per
    share).1)
  * Operating cash flow amounted to MSEK -34 (MSEK 22), of which MSEK -3 (MSEK
    0) related to acquisitions.
  * The market is characterized by continued weak demand and strong price press.
  * Important agreements with global customers in the automotive and consumer
    electronics industries have been prolonged.

1) There was no dilution during the given periods.



Further information can be found on Elanders' website www.elanders.com
<http://www.elanders.com> or via e-mail info@elanders.com
<mailto:info@elanders.com>

Questions concerning this report can be made to:

Magnus Nilsson
President and CEO
Phone +46 31 750 00 00


Elanders AB (publ)
(Company ID 556008-1621)
P.O. Box 137
SE-435 23  Mölnlycke, Sweden
Phone +46 31 750 00 00



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