Elanders AB: Quarterly Report January – March 2022
21 Abril 2022 - 12:30AM
Elanders AB: Quarterly Report January – March 2022
First quarter 2022
- Net sales increased to MSEK 3,371 (2,734), which corresponded
to organic growth of two percent, excluding acquisitions and using
unchanged exchange rates. Strong organic growth in the USA resulted
in high double digit growth figures in the newly acquired Bergen
Logistics.
- EBITA increased to MSEK 187 (142), which corresponded to an
EBITA margin of 5.5 (5.2) percent and an improvement in the result
by 32 percent.
- The war in Ukraine and component shortages led to disturbances
in production for several of the Group’s major customers. High
levels of sick leave in the beginning of the quarter and high
material prices also put pressure on the margin.
- The result before tax increased to MSEK 129 (104), which was an
improvement of 24 percent.
- The net result increased to MSEK 88 (69), corresponding to SEK
2.42 (1.91) per share.
- Operating cash flow was MSEK 300 (107), of which acquisitions
were MSEK 0 (-45).
- The ratio for net debt/EBITDA on a rolling twelve-month basis
is 3.5. Excluding IFRS 16 effects and acquisitions, and adjusting
the ratio for pro forma results of acquisitions, the ratio is
2.7.
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 NilssonPresident 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)
Flöjelbergsgatan 1 C431 35 Mölndal, Sweden Phone: +46 31 750 00
00
This information is information that Elanders AB is obliged to
make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of
the contact persons set out above, at 07:30 CET on 21 April
2022.
- 2022-04-21 Elanders Press release Q1 2022
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