ELAN-BNasdaq StockholmIndustrialsIFRS · SEK

Elanders B

Elanders is a global logistics company that provides integrated solutions in supply chain management, primarily through its two business areas: Supply Chain Solutions and Print & Packaging Solutions. The company offers comprehensive services including purchasing, storage, configuration, production, and distribution, as well as order management and aftermarket services. With operations in approximately 20 countries, Elanders serves diverse industries such as Automotive, Electronics, Fashion, Health Care, and Industrial sectors. The company is committed to sustainability, aiming to significantly reduce greenhouse gas emissions by 2050.

Revenue12.2bn SEK
−13.7 %y/y
Operating profit (EBIT)471m SEK
−40.1 %y/y
EBIT margin3.9%
−1.7 ppy/y
Net income-48.0m SEK
−126.2 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

05101520bn SEK2021: 11.7 bn SEK2021: EBIT 0.58 bn SEK20212022: 15.0 bn SEK2022: EBIT 0.85 bn SEK20222023: 13.9 bn SEK2023: EBIT 0.72 bn SEK20232024: 14.1 bn SEK2024: EBIT 0.79 bn SEK20242025: 12.2 bn SEK2025: EBIT 0.47 bn SEK2025TTM 2026: 15.9 bn SEKTTM15.9
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Supply Chain Solutions80 %

Includes sourcing, procurement, warehousing, and logistics services

Print & Packaging Solutions20 %

Offers digital print services and packaging solutions

Customers

Elanders serves a diverse range of customer segments across various industries. Key segments include Automotive, Electronics, Fashion, Health Care, and Industrial sectors. Customers rely on Elanders for comprehensive supply chain solutions that optimize material and product flows, reduce costs, and enhance operational efficiency. The company also supports customers in reducing their environmental impact through sustainable logistics practices.

Automotive

Logistics and supply chain optimization services

Electronics

Material flow management and logistics solutions

Fashion

Integrated supply chain and packaging solutions

Health Care

Logistics and distribution services

Industrial

Procurement and logistics optimization

Strategy

Elanders focuses on expanding its geographic reach and enhancing its service offerings through strategic acquisitions. The company aims to increase its share of value-added services and phase out low-profitability operations. Sustainability is a key strategic priority, with targets to significantly reduce greenhouse gas emissions by 2050. Elanders continues to adapt its operations to meet changing customer demands and improve its EBITA margin.

Geographic expansionMedium term

To enhance market position and service offerings

Sustainability targetsLong term

To reduce environmental impact and meet regulatory requirements

Value-added servicesShort term

To improve profitability and customer satisfaction

Geography

Elanders operates globally with a presence in about 20 countries across four continents. Key markets include China, Germany, Singapore, Sweden, the UK, and the USA. The company's strategic acquisitions in the UK have strengthened its position in one of Europe's largest logistics markets. Elanders' geographic spread allows it to serve a diverse customer base and mitigate risks associated with regional economic fluctuations.

Risks

Elanders faces several risks, including financial risks related to its net debt/EBITDA ratio, which is influenced by leasing agreements and acquisitions. The company is also exposed to market risks due to its global operations, such as currency fluctuations and regional economic downturns. Industry-specific risks include structural challenges in the Automotive sector, which could impact demand. Additionally, Elanders must manage operational risks associated with integrating acquisitions and maintaining service quality.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Automotive sector challenges1Net debt/EBITDA ratio2Currency fluctuations3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Automotive sector challengesImpact: HighLikelihood: High

    Structural changes could reduce demand

  2. Net debt/EBITDA ratioImpact: HighLikelihood: Low

    Affected by leasing agreements and acquisitions

  3. Currency fluctuationsImpact: MediumLikelihood: Medium

    Global operations expose the company to exchange rate risks

Accounting

Judgemental items
IFRS 16 Lease Accounting

Impacts net debt/EBITDA ratio and financial covenants

Contingent Considerations

Remeasured periodically, affecting profit or loss

Seasonal Variations

Affects comparability of quarterly revenue

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Elanders B (ELAN-B) Revenue, Earnings & Financials 2025 – Clarifo