Supply Chain Management

Elanders

Elanders operates three business areas: Print & Packaging, which mainly focuses on customised paper solutions, E-commerce, which is a photo book business, and Supply Chain Solutions, which now is the largest segment and offers various solutions ranging from logistics solutions to outsourcing of global deliveries including procurement, warehousing, configuration, production, distribution, order management, payment solutions and after-sales services.

Financials

ELANDERS

SEKm 2017 2018 2019
Sales 9342 10604 11076
Sales growth (%) 48,6 13,5 4,4
EBITDA 563 744 865
EBITDA margin (%) 6 7 7,8
EBIT adj 308 466 566
EBIT adj margin (%) 3,3 4,4 5,1
Pretax profit 230 372 472
EPS rep 4,67 7 9,27
EPS growth (%) -24 50 32,5
EPS adj 6,45 8,75 10,96
DPS 2,6 2,63 2,63
EV/EBITDA (x) 9,9 7,9 6,6
EV/EBIT adj (x) 18,1 12,6 10,1
P/E (x) 17,6 12,4 9,4
P/E adj (x) 12,7 9,9 7,9
EV/sales (x) 0,6 0,6 0,5
FCF yield (%) -11,2 1,5 11,3
Dividend yield (%) 3,2 3 3
Net IB debt/EBITDA 4,7 3,8 3

Main shareholders

Elanders

Main shareholders Share capital % Voting shares %
Carl Bennet 50.2 % 65.9 %
Carnegie Fonder 8.5 % 5.8 %
Didner & Gerge Fonder 7.2 % 4.9 %
Lannebo Fonder 7.1 % 4.9 %
Fjärde AP-fonden 3.3 % 2.2 %
Protector Forsikring ASA 1.8 % 1.2 %
Tredje AP-fonden 1.2 % 0.8 %
Canaccord Genuity Wealth Management 0.9 % 0.6 %
Dan Olsson 0.8 % 0.6 %
Per Anders Bendt 0.6 % 0.4 %