Elanders AB

Elanders AB (STO:ELANB) * Net sales rose by 8 % totalling MSEK 1,570 (MSEK 1,449). * Operating profit amounted to MSEK 46.7 (MSEK 142.5). * Pre-tax profit amounted to MSEK 9.7 (MSEK 113.1). * Net profit was MSEK 4.1 (MSEK 108.8) or SEK 0.41 per share (SEK 11.5 per share)1). * Operating cash flow rose to MSEK 92 (MSEK -291). * Weakening demand from customers in consumer electronics, vehicles and white goods in Sweden and Hungary. * During the third quarter measures to adjust to the change in order volumes were initiated in Sweden and Hungary, among them reducing the number of employees by 75 people in Sweden. * Continued success in Germany and China. * The forecast for 2008 was changed in the press release on 22 September 2008 to pre-tax profits of around MSEK 50 and profits after tax of approximately MSEK 35. The forecast given was "an increase in net sales compared with 2007, pre-tax profits of around MSEK 100 and profits after tax o ...

Elanders AB (STO:ELANB) Elanders Interim Report for the third quarter and the first ninth months 2008 will be published on 20 October instead of on 21 October as was previous announced. Elanders AB (publ)

Elanders AB (STO:ELANB) During 2008 the Group's deliveries to customers in consumer electronics and white goods in Sweden, Eastern and Southern Europe in particular have declined to such an extent that other cost adjustments than normal day-to-day measures are required. The drop in orders has also led to redundancies in the Group's storage of half and whole manufactured products in Hungary.

Elanders AB (STO:ELANB) Starting today Magnus Nilsson has become a member of Elanders Executive Management. Magnus assumes responsibility for the business area User Manuals from Per Brodin who will concentrate his attention on our Hungarian operations. Magnus Nilsson has held important leadership positions in User Manuals for many years and has been responsible for our Chinese operations from the very beginning.

Elanders AB Elanders expand Group management with the manager of the Swedish operation, Lars-Gunnar Skötte.

Elanders AB * Net sales rose by 8 % totalling MSEK 1,054 (MSEK 978).