Reported Earnings • Jul 16
Second quarter 2026 earnings released: EPS: kr0.42 (vs kr0.01 in 2Q 2025) Second quarter 2026 results: EPS: kr0.42 (up from kr0.01 in 2Q 2025). Revenue: kr2.92b (down 4.0% from 2Q 2025). Net income: kr15.0m (up kr15.0m from 2Q 2025). Profit margin: 0.5% (up from 0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Board Change • Jul 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Ulrika Dellby was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Ulrika Dellby was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • May 10
Chairman of the Board recently bought kr231k worth of stock On the 6th of May, Dan Frohm bought around 5k shares on-market at roughly kr48.51 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr288k. Dan has been a buyer over the last 12 months, purchasing a net total of kr754k worth in shares. Board Change • May 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Ulrika Dellby was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Apr 28
Group Chief Financial Officer recently bought kr52k worth of stock On the 24th of April, Asa Vilsson bought around 1k shares on-market at roughly kr52.00 per share. This transaction increased Asa's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Asa's only on-market trade for the last 12 months. Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: kr0.65 (vs kr2.40 loss in 1Q 2025) First quarter 2026 results: EPS: kr0.65 (up from kr2.40 loss in 1Q 2025). Revenue: kr2.77b (down 14% from 1Q 2025). Net income: kr23.0m (up kr108.0m from 1Q 2025). Profit margin: 0.8% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Board Change • Apr 15
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Ulrika Dellby was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 26
Full year 2025 earnings released: kr1.53 loss per share (vs kr4.98 profit in FY 2024) Full year 2025 results: kr1.53 loss per share (down from kr4.98 profit in FY 2024). Revenue: kr12.2b (down 14% from FY 2024). Net loss: kr54.0m (down 131% from profit in FY 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Announcement • Mar 23
Elanders AB (publ) to Report Fiscal Year 2026 Results on Jan 26, 2027 Elanders AB (publ) announced that they will report fiscal year 2026 results on Jan 26, 2027 Board Change • Mar 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jan 31
Dividend reduced to kr2.10 Dividend of kr2.10 is 49% lower than last year. Ex-date: 24th April 2026 Payment date: 30th April 2026 Dividend yield will be 3.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (7% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Jan 29
Full year 2025 earnings released: kr1.53 loss per share (vs kr4.98 profit in FY 2024) Full year 2025 results: kr1.53 loss per share (down from kr4.98 profit in FY 2024). Revenue: kr12.2b (down 14% from FY 2024). Net loss: kr54.0m (down 131% from profit in FY 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Jan 29
Elanders AB (publ) announces Annual dividend, payable on April 30, 2026 Elanders AB (publ) announced Annual dividend of SEK 2.1000 per share payable on April 30, 2026, ex-date on April 24, 2026 and record date on April 27, 2026. Announcement • Jan 28
Elanders AB (publ), Annual General Meeting, Apr 23, 2026 Elanders AB (publ), Annual General Meeting, Apr 23, 2026. Location: sodra porten konferenscenter, flojelbergsgatan 1 c, molndal, Sweden Board Change • Jan 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 12
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 04
Chairman of the Board recently bought kr523k worth of stock On the 28th of November, Dan Frohm bought around 8k shares on-market at roughly kr61.65 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Dan's only on-market trade for the last 12 months. Announcement • Nov 08
Elanders AB Announces Executive Changes Kok Khoon Lim has decided to step down and is now leaving his role as a member of Elanders Group Management. He will move into a role as Senior Advisor, with a specific focus on strategic initiatives. Kok Khoon Lim has been part of Elanders' Group Management since Elanders acquired Mentor Media in 2014. His successor will be Simon Sim, who brings over 20 years of experience in contract logistics and has held leading roles at several of Asia’s leading logistics companies. For the past seven years, Simon has served as CEO of a subsidiary of one of Singapore’s largest logistics companies, where he played a key role in developing a new omnichannel platform covering multiple markets across Asia. In his role at Elanders, Simon will focus on further developing the offering to existing customers, expanding into new customer segments, and driving the company’s continued expansion in Asia. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 22
Elanders AB (publ) to Report Fiscal Year 2025 Results on Mar 23, 2026 Elanders AB (publ) announced that they will report fiscal year 2025 results on Mar 23, 2026 Board Change • Sep 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 20
Key Executive recently bought kr548k worth of stock On the 18th of August, Charles Ickes bought around 10k shares on-market at roughly kr54.79 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Charles' only on-market trade for the last 12 months. Reported Earnings • Jul 13
Second quarter 2025 earnings released: EPS: kr0.01 (vs kr0.028 in 2Q 2024) Second quarter 2025 results: EPS: kr0.01 (down from kr0.028 in 2Q 2024). Revenue: kr3.04b (down 13% from 2Q 2024). Net income: kr0 (down kr1.00m from profit in 2Q 2024). Profit margin: 0% (in line with 2Q 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Board Change • May 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 16
President recently bought kr765k worth of stock On the 12th of May, Magnus Nilsson bought around 14k shares on-market at roughly kr54.64 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to kr59.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Logistics industry in Europe. Total loss to shareholders of 54% over the past three years. Upcoming Dividend • Apr 17
Upcoming dividend of kr4.15 per share Eligible shareholders must have bought the stock before 24 April 2025. Payment date: 30 April 2025. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 6.2%. Within top quartile of British dividend payers (6.2%). Higher than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to kr58.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Logistics industry in Europe. Total loss to shareholders of 51% over the past three years. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: kr4.98 (vs kr7.01 in FY 2023) Full year 2024 results: EPS: kr4.98 (down from kr7.01 in FY 2023). Revenue: kr14.1b (up 2.0% from FY 2023). Net income: kr176.0m (down 29% from FY 2023). Profit margin: 1.2% (down from 1.8% in FY 2023). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 20% per year. Declared Dividend • Mar 17
Dividend of kr4.15 announced Dividend of kr4.15 is the same as last year. Ex-date: 24th April 2025 Payment date: 30th April 2025 Dividend yield will be 5.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 115% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Mar 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 29
Elanders AB (publ) Proposes Dividend for 2024 The Board of Elanders AB (publ) proposed a dividend of SEK 4.15 (4.15) per share for 2024. Announcement • Jan 28
Elanders AB (publ) to Report Fiscal Year 2025 Results on Jan 28, 2026 Elanders AB (publ) announced that they will report fiscal year 2025 results on Jan 28, 2026 Board Change • Nov 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 18
Elanders AB (publ) to Report Q3, 2025 Results on Oct 22, 2025 Elanders AB (publ) announced that they will report Q3, 2025 results on Oct 22, 2025 Recent Insider Transactions • Aug 31
Insider recently bought kr611k worth of stock On the 29th of August, Sven Burkhard bought around 6k shares on-market at roughly kr102 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr2.8m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 13
Second quarter 2024 earnings released: EPS: kr0.028 (vs kr1.81 in 2Q 2023) Second quarter 2024 results: EPS: kr0.028 (down from kr1.81 in 2Q 2023). Revenue: kr3.50b (up 1.5% from 2Q 2023). Net income: kr1.00m (down 98% from 2Q 2023). Profit margin: 0% (down from 1.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year and the company’s share price has also fallen by 17% per year. Recent Insider Transactions • May 16
President recently bought kr1.9m worth of stock On the 14th of May, Magnus Nilsson bought around 19k shares on-market at roughly kr102 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Magnus' only on-market trade for the last 12 months. Recent Insider Transactions • May 02
Director recently bought kr288k worth of stock On the 23rd of April, Anna Hallberg bought around 3k shares on-market at roughly kr95.90 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • Apr 27
Elanders AB (Publ) Announces Chief Financial Officer Changes Elanders AB (publ) announced appointment of Åsa Vilsson as the new CFO. She most recently served as Vice President of Group Finance at Elanders and has been acting CFO since February 2024. Åsa will enter the role as CFO and member of Elanders’ Group Management on April 26, 2024. Åsa has a broad background in accounting and a master’s degree in business and economics from Jönköping International Business School. Åsa Vilsson succeeds Andréas Wikner, who is leaving Elanders due to family reasons. Andréas assumed the role of CFO in 2010 and has since had a significant role in the development of Elanders. Andréas has contributed with his solid expertise and has been a huge asset to the company. Announcement • Apr 21
Elanders AB (publ) to Report Q1, 2025 Results on Apr 23, 2025 Elanders AB (publ) announced that they will report Q1, 2025 results on Apr 23, 2025 Announcement • Apr 20
Elanders AB (publ) Approves Dividend for 2023, Payable on 26 April 2024 Elanders AB (publ) approved dividend of SEK 4.15 per share for 2023. The record date for the dividend is proposed to be 23 April 2024 and it is expected that the dividend will be disbursed by Euroclear Sweden AB on 26 April 2024. Upcoming Dividend • Apr 15
Upcoming dividend of kr4.15 per share Eligible shareholders must have bought the stock before 22 April 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (3.1%). Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: kr7.01 (vs kr13.29 in FY 2022) Full year 2023 results: EPS: kr7.01 (down from kr13.29 in FY 2022). Revenue: kr13.9b (down 7.4% from FY 2022). Net income: kr248.0m (down 47% from FY 2022). Profit margin: 1.8% (down from 3.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Declared Dividend • Mar 28
Dividend of kr4.15 announced Dividend of kr4.15 is the same as last year. Ex-date: 22nd April 2024 Payment date: 26th April 2024 Dividend yield will be 3.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 99% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Mar 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Board Change • Feb 29
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Eva Elmstedt was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Feb 02
Elanders AB (publ) (OM:ELAN B) agreed to acquire an 88.5% stake in Bishopsgate Newco Ltd. Elanders AB (publ) (OM:ELAN B) agreed to acquire an 88.5% stake in Bishopsgate Newco Ltd on February 2, 2024. The company had sales of £27 million during the last twelve months. At the time of the acquisition, Bishopsgate was valued at £47.5 million on a cash- and debt-free basis and Elanders will initially acquire 88.5 percent of the shares. The initial purchase price will have a negative impact on cash flow in the first quarter of 2024. There is also a compulsory put/call option that gives Elanders an opportunity to buy the remaining shares in a few years for a purchase price based on the company's performance in the coming years. Acquisition-related costs are estimated to amount to approximately SEK 20 million. Bishopsgate will be part of the business area Supply Chain Solutions and will be consolidated into the Elanders Group as of February 2024. The acquisition is conditional on the fulfillment of customary contractual terms and is expected to be closed within a couple of weeks. The acquisition will be financed in part by an acquisition loan of £115 million from the Group's three main banks in cooperation with SEK, the Swedish Export Credit Corporation. The loan will also finance parts of Elanders' acquisition of Kammac Ltd. Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: kr7.01 (vs kr13.29 in FY 2022) Full year 2023 results: EPS: kr7.01 (down from kr13.29 in FY 2022). Revenue: kr13.9b (down 7.4% from FY 2022). Net income: kr248.0m (down 47% from FY 2022). Profit margin: 1.8% (down from 3.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Announcement • Feb 01
Elanders Announces Changes in Group Management Elanders announced that Kevin Rogers has on February 1, 2024 chosen to step down from his position as Head of Global Sales in Group Management. He will continue to be responsible for parts of Elanders' operations in the UK. Instead, Charles Ickes and Ged Carabini will be part of Elanders' Group Management. Charles Ickes is currently the CEO of Elanders’ subsidiary Bergen Logistics. He has been with the company for the last five years, mainly working as the Chief Operations Officer in North America. He was previously Chief Logistics Officer for Rent the Runway in the USA. Ged Carabini, the CEO of Kammac Ltd, has more than 34 years of experience within the logistics industry. Earlier, he has been holding a number of Director posts across operations, business development and commercial. Following the changes above, Elanders’ Group Management will consist of the following persons going forward: Magnus Nilsson, President and CEO; Andréas Wikner, Group CFO; Sven Burkhard, responsible for Print & Packaging Solutions; Ged Carabini, responsible for Supply Chain Solutions (Kammac); Charles Ickes, responsible for Supply Chain Solutions (Bergen Logistics); Kok Khoon Lim, responsible for Supply Chain Solutions (Mentor Media); Bernd Schwenger, responsible for Supply Chain Solutions (LGI). Announcement • Jan 31
Elanders AB (publ) Proposes Dividend for 2023 The Board of Elanders AB (publ) proposed a dividend of SEK 4.15 (4.15) per share for 2023. Announcement • Nov 08
Elanders AB (publ) (OM:ELAN B) signed an agreement to acquire Kammac Limited. Elanders AB (publ) (OM:ELAN B) signed an agreement to acquire Kammac Limited on November 8, 2023.The purchase price will be paid in two parts, one at the time of the takeover and the other as an earn-out in 2025. The initial valuation, including the earn-out, amounts to just over £100 million on a cash- and debt-free basis, of which around two thirds will affect cash flow negatively in the fourth quarter 2023. The earn-out will be paid during the second quarter 2025 and is based on the outcome of 2024. The acquisition is mainly financed with existing credit facilities and the acquisition costs are expected to be approximately £1.49 million. During the last twelve-month period, Kammac had net sales of more than £90 million with very good profitability. The company will be consolidated into the Elanders Group as of November 2023. New Risk • Oct 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.0% net profit margin). Reported Earnings • Oct 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr3.25b (down 18% from 3Q 2022). Net income: kr65.0m (down 40% from 3Q 2022). Profit margin: 2.0% (down from 2.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Logistics industry in Europe are expected to remain flat. Announcement • Oct 18
Elanders AB (publ) to Report Q3, 2024 Results on Oct 18, 2024 Elanders AB (publ) announced that they will report Q3, 2024 results on Oct 18, 2024 Reported Earnings • Jul 13
Second quarter 2023 earnings released: EPS: kr1.81 (vs kr3.90 in 2Q 2022) Second quarter 2023 results: EPS: kr1.81 (down from kr3.90 in 2Q 2022). Revenue: kr3.45b (down 2.1% from 2Q 2022). Net income: kr64.0m (down 54% from 2Q 2022). Profit margin: 1.9% (down from 3.9% in 2Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to kr130, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Logistics industry in Europe. Total returns to shareholders of 212% over the past three years. Recent Insider Transactions • Apr 26
Chairman of the Board recently bought kr402k worth of stock On the 24th of April, Dan Frohm bought around 3k shares on-market at roughly kr131 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr500k. This was Dan's only on-market trade for the last 12 months. Upcoming Dividend • Apr 17
Upcoming dividend of kr4.15 per share at 2.6% yield Eligible shareholders must have bought the stock before 24 April 2023. Payment date: 28 April 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.9%). Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: kr13.29 (vs kr9.12 in FY 2021) Full year 2022 results: EPS: kr13.29 (up from kr9.12 in FY 2021). Revenue: kr15.0b (up 28% from FY 2021). Net income: kr470.0m (up 46% from FY 2021). Profit margin: 3.1% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.3% decline forecast for the Logistics industry in Europe. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 16
Director recently bought kr500k worth of stock On the 14th of February, Eva Elmstedt bought around 3k shares on-market at roughly kr167 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.0m more in shares than they have sold in the last 12 months. Reported Earnings • Jan 24
Full year 2022 earnings released: EPS: kr13.29 (vs kr9.12 in FY 2021) Full year 2022 results: EPS: kr13.29 (up from kr9.12 in FY 2021). Revenue: kr15.0b (up 28% from FY 2021). Net income: kr470.0m (up 46% from FY 2021). Profit margin: 3.1% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Commercial Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Jan 10
Elanders AB (publ) to Report Fiscal Year 2022 Results on Jan 23, 2023 Elanders AB (publ) announced that they will report fiscal year 2022 results at 1:00 PM, Central Europe Standard Time on Jan 23, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Caroline Sundewall was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 18
Elanders AB (publ) to Report Nine Months, 2023 Results on Oct 17, 2023 Elanders AB (publ) announced that they will report nine months, 2023 results on Oct 17, 2023 Reported Earnings • Oct 17
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr3.98b (up 39% from 3Q 2021). Net income: kr109.0m (up 98% from 3Q 2021). Profit margin: 2.7% (up from 1.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Commercial Services industry in the United Kingdom. Reported Earnings • Jul 13
Second quarter 2022 earnings released: EPS: kr3.90 (vs kr2.38 in 2Q 2021) Second quarter 2022 results: EPS: kr3.90 (up from kr2.38 in 2Q 2021). Revenue: kr3.53b (up 27% from 2Q 2021). Net income: kr138.0m (up 64% from 2Q 2021). Profit margin: 3.9% (up from 3.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.4%, compared to a 14% growth forecast for the industry in the United Kingdom. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 19% share price gain to kr146, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Commercial Services industry in the United Kingdom. Total loss to shareholders of 17% over the past year. Announcement • Jul 12
Elanders AB (publ) to Report First Half, 2023 Results on Jul 12, 2023 Elanders AB (publ) announced that they will report first half, 2023 results on Jul 12, 2023 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Director Caroline Sundewall was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 22
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr3.37b (up 23% from 1Q 2021). Net income: kr85.0m (up 25% from 1Q 2021). Profit margin: 2.5% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 5.0%, compared to a 19% growth forecast for the industry in the United Kingdom. Upcoming Dividend • Apr 15
Upcoming dividend of kr3.60 per share Eligible shareholders must have bought the stock before 22 April 2022. Payment date: 28 April 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (4.6%). Higher than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 15% share price decline to kr121, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Commercial Services industry in the United Kingdom. Total loss to shareholders of 28% over the past year. Recent Insider Transactions • Feb 10
Director recently bought kr548k worth of stock On the 8th of February, Dan Frohm bought around 4k shares on-market at roughly kr155 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 04
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: kr9.11 (up from kr8.12 in FY 2020). Revenue: kr11.7b (up 6.2% from FY 2020). Net income: kr322.0m (up 12% from FY 2020). Profit margin: 2.7% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 10%, compared to a 9.2% growth forecast for the industry in the United Kingdom. Announcement • Feb 03
Elanders AB (publ) to Report Fiscal Year 2022 Results on Jan 23, 2023 Elanders AB (publ) announced that they will report fiscal year 2022 results on Jan 23, 2023 
