January - December
- Net sales increased by 14% and amounted to MSEK 4,236 (3,730).
- The operating result before depreciation (EBITDA) increased to MSEK 428 (292).
- The operating result (EBIT) increased to MSEK 292 (175), which is an improvement of 67% over the same period last year. The operating margin increased to 6.9 (4.7)%.
- One-off items charged the operating result for the period by MSEK -16 (-42).
- The result before tax increased to MSEK 259 (140), which is an improvement of 85%.
- The net result increased to MSEK 175 (88) corresponding to SEK 6.58 (3.48) per share.
- Operating cash flow increased to MSEK 344 (-38). Excluding acquisitions, the operating cash flow amounted to MSEK 344 (216).
- A contract was signed in December to acquire Schmid Druck, a niched packaging company in Germany, which is consolidated as of 1 January 2016.
- The Board proposes an increase in dividends to SEK 2.20 (1.10) per share, entailing an increase of 100%.
- Change in dividend policy: Dividends to shareholders will follow the long-term result development in the company and correspond on average to 30-50% of the result after tax (previously approx. 30%).
The fourth quarter
- Net sales increased by 2% to MSEK 1,124 (1,099).
- The operating result before depreciation (EBITDA) increased to MSEK 154 (101).
- The operating result (EBIT) increased to MSEK 111 (71) while the operating margin increased to 9.9 (6.4)%.
- One-off items charged the operating result for the period by MSEK -16 (-38).
- The result before tax increased to MSEK 105 (62).
- The net result increased to MSEK 73 (45) corresponding to SEK 2.77 (1.70) per share.
- Operating cash flow increased to MSEK 237 (175).
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 27 January 2016.
HUG#1981500