Elanders AB : Year-end Report 2013

27 januari 2014 January - December * Net sales increased by 9 % to MSEK 2,096 (MSEK 1,924). * The operating result, not including one-off items, increased to MSEK 132 (104), which is an improvement of 27 % over the same period last year. * The operating result, including one-off items, increased to MSEK 131 (119). * The result before tax, not including one-off items, increased to MSEK 103 (78), which was an improvement of 32 %. * The result before tax, including one-off items, increased to MSEK 102 (93). * The net result amounted to MSEK 70 (45) or SEK 3.08 (2.05) per share. * Operating cash flow was MSEK 50 (67), of which acquisitions were MSEK -103 (-126). * In January 2014 Elanders signed an agreement for the acquisition of Mentor Media Ltd, a supply chain company with a strong presence in Asia. The acquisition will increase Elanders' annual net sales to around 3.5 billion Swedish crowns and the number of employees will rise from some 1,900 to 3,600. * The Board proposes to increase the dividend by 33 % compared to the previous year to SEK 0.80 (0.60) per share. * A significant improvement in profit compared to 2013 is forecasted for 2014. * As already announced a guaranteed rights issue of around SEK 125 million, to finance part of the acquisition of Mentor Media, will be proposed by the board. The shareholders will be requested to resolve on the rights issue at the annual general meeting on 24 April 2014. The board will propose a subscription price of SEK 33 per share and that six existing shares entitle to subscription for one new share. The fourth quarter * Net sales increased by 13 % to MSEK 598 (527). * The operating result, not including one-off items, increased to MSEK 60 (46), which is an improvement of 30 % over the same period last year. * The operating result, including one-off items, increased to MSEK 54 (48). * The result before tax, not including one-off items, increased to MSEK 53 (59), which was an improvement of nearly 36 %. * The result before tax, including one-off items, increased to MSEK 47 (41). * The net result increased to MSEK 35 (8) or SEK 1.53 (0.36) per share. * Operating cash flow amounted to MSEK 104 (-20), of which acquisitions were MSEK 0 (-126). 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 Elanders discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12.40 p.m. on 27 January 2014. 2014-01-27 Elanders Press release Q4 2013: http://hugin.info/1053/R/1757187/593673.pdf This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Elanders AB via GlobeNewswire [HUG#1757187]