Elanders AB (publ) Interim Report January - June 2011


The first half-year

  * Net sales increased by 9 % totaling MSEK 878 (MSEK 809).
  * Operating result amounted to MSEK 40 (-20). The result was affected by one-
    off items amounting to MSEK 0 (15).
  * Result before tax was MSEK 27 (-34).
  * Net result amounted to MSEK 20 (-30) or SEK 1.02 (-3.13) per share.
  * Operating cash flow amounted to MSEK 30 (-71), of which acquisitions were
    MSEK 0 (-3).
  * The forecast for the full year 2011 remains unchanged with an expected
    positive result before tax.

The second quarter

  * Net sales increased by 6 % totaling MSEK 434 (MSEK 409).
  * Operating result amounted to MSEK 21 (-8). The result was affected by one-
    off items amounting to MSEK 0 (4).
  * Result before tax was MSEK 14 (-14).
  * Net result amounted to MSEK 9 (-12) or SEK 0.44 (-1.21) per share.
  * Operating cash flow amounted to MSEK 12 (-37), of which acquisitions were
    MSEK 0 (0).

Further information can be found on Elanders' website www.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 13
July 2011 at 8:00 am.


[HUG#1530548]

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