Elanders Reports Falling Sales but Improved Profitability in Q2 2026
Elanders AB saw its net sales decrease in the second quarter of 2026, but adjusted EBITA increased by 18 percent. The company also announced a CEO transition.
Elanders AB reported a decrease in net sales for the second quarter of 2026, amounting to MSEK 2,921 compared to MSEK 3,044 in the same period last year. However, excluding acquisitions, discontinued operations, and currency fluctuations, the company achieved organic growth of three percent.
The company's adjusted EBITA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw an eight percent increase, reaching MSEK 181 from MSEK 167 in the prior year. The adjusted EBITA margin also improved to 6.2 percent from 5.5 percent.
In a significant announcement, Elanders confirmed that current President and CEO Magnus Nilsson will step down effective August 31, 2026. Florian Beck has been appointed as the new President and CEO, effective September 1, 2026.
For the first six months of 2026, net sales were MSEK 5,686 (MSEK 6,277 in the previous year). The adjusted EBITA for the same period rose by 18 percent to MSEK 353 (MSEK 300), with the adjusted EBITA margin improving to 6.2 percent (4.8 percent).