Elanders AB

“Elanders also has the possibility to use its business model and global presence for the benefit of both a reduced climate footprint and increased profitability. Through its broad service portfolio and geographical spread, Elanders can offer customized logistics solutions close to the customer’s business and the end customer. In this way, the customer can reduce emissions, not least in their transportation systems, and at the same time optimize costs.”

Annual report 2024A · The company itself

“We optimize freight forwarding through consolidation of goods at local hubs both outbound in the producing country and inbound in the receiving market.”

Annual report 2024A · The company itself

“These are mainly due to the Group’s dependence on non-renewable energy for transportation and emissions in relation to the production of paper. Decreasing the dependence on fossil fuels in both Elanders’ own fleet of trucks and in freight forwarding services supplied by others and adjusting the choice of energy and materials within the printing operations are two key issues for Elanders, as they make up the greatest sources of greenhouse gas emissions within the Group.”

Annual report 2024A · The company itself

“The major driver of greenhouse gas emissions in our printing operations is usage and waste of paper, which we are targeting in a number of ways. A basic principle is that the most sustainable way to print is to print on demand in the location where the demand is found, thereby reducing the paper usage and waste as well as transportation.”

Annual report 2024A · The company itself

“What initiatives have you taken when it comes to sustainability? FB: Our global network solutions let us optimize shipment to help our customers lower their greenhouse gas emissions by enabling last mile shipping closer to the consumers.”

Annual report 2024A · The company itself

“We are also reducing our carbon footprint by using renewable energy and, for instance, choosing DHL GoGreen solutions for overseas post. Almost all our sites are FSC ® - certified, and we explain the advantages of using FSC ® -certified paper for our customers who increasingly choose to do so.”

Annual report 2024A · The company itself

“This change is primarily related to the Automotive customer segment that continues to face major structural challenges, which has led to strategic cost-side measures.”

Annual report 2024A · The company itself

“The change is mainly attributable to the Automotive customer segment, which is facing major structural challenges and continues to show a decline in demand.”

Annual report 2024A · The company itself

“The negative impact on the business area’s net sales was mainly due to weak demand in the Automotive customer segment.”

Annual report 2024A · The company itself

“Automotive — Flexibility for change Bespoke solutions to optimize production Elanders is a logistics paner to several Swedish, German and British car manufact - urers that are all included in the Automotive cus tomer segment.”

Annual report 2024A · The company itself

“E-commerce is increasingly important for the Fashion industry. Many customers are looking for a partner that can take an extensive and comprehensive responsibility and be deeply integrated into their e-commerce and other business operations.”

Annual report 2024A · The company itself

“Within online print, volumes continue to grow in mass production of individually customized printed matter ordered online.”

Annual report 2024A · The company itself

“A common characteristic for the fashion industry is the fast pace, with several new collections in a year. A logistics partner must keep up with the speed of the industry, be able to handle extremely fluctuating volumes and make sure that the right goods are available in stores and ready for online orders at the right time.”

Annual report 2024A · The company itself

“The end customer’s experience must always be excellent when it comes to service and speed of delivery.”

Annual report 2024A · The company itself

“The largest share of sales here is found within the area of Online Print, where a range of digital printing services are growing at a good pace.”

Annual report 2024A · The company itself

“In the digital transformation of business models through e-commerce fulfillment, LGI has years of experience and excellent references in both the B2C and B2B sectors.”

Annual report 2024A · The company itself

“Headquaered on the American east coast, Bergen Logistics is a leading contract logistics company and omnichannel expe capable of managing a great number of clients in an ecient and protable way thanks to its proprietary technological plaorm CloudX.”

Annual report 2024A · The company itself

“— Assembly and Testing — Production Distribution & Outbound Services — Pick and Pack — Consolidation and Transit — Global and Local Deliveries — JIS (Just-in-Sequence) — E-commerce Procurement & Inbound Services — Sourcing and Procurement — Customs Services — Freight Solutions — Warehouse and Inventory Management Recipients — Consumers — Retail — E-commerce — Factories — Hospitals All steps of the life cycle On behalf of customers, Elanders manages and optimizes the flow of raw materials, components, finished products, payments and information through all steps of a product’s life cycle.”

Annual report 2024A · The company itself

“When it comes to e-commerce, Elanders, combined with providing logistics services, can create and take responsibility for the operation of the customer’s web shop, including content production and management, as well as customer and financial services.”

Annual report 2024A · The company itself

“Currently our focus is on Health Care, FMCG, industrial mobility, excise bonded opportunities, e-commerce and value-added services like co-packing.”

Annual report 2024A · The company itself

“Managing returns, recycling and reuse is becoming an increasingly important part of the supply chain.”

Annual report 2024A · The company itself

“That is why sustainability is an integrated part of the Group’s business and strategy. The goal is that the Group’s negative impact on the environment will be minimized and new business models found that can have a positive impact in the form of, for example, more circular flows of materials and resources.”

Annual report 2024A · The company itself

“This helps stabilize Renewed life for used IT equipment Within Renewed Tech, Elanders takes care of used IT equipment, for example computers and servers, to be reconditioned and sold to new users on the second-hand market. The biggest environmental impact of a product comes from the production phase. This means that there are considerable environmental advantages of prolonging its life before it is finally recycled.”

Annual report 2024A · The company itself

“During 2024, Elanders handled approximately 190 thousand discarded units, which equaled more than 44 thousand tonnes of avoided CO e. This meant an increase of 17 thousand tonnes of CO e compared to the previous year.”

Annual report 2024A · The company itself

“Furthermore, we promote circularity through our after-market services for refurbishing or recycling old equipment.”

Annual report 2024A · The company itself

“FB: Our global network solutions let us optimize shipment to help our customers lower their greenhouse gas emissions by enabling last mile shipping closer to the consumers. We also have an extensive partner program focusing on circular solutions and aiming to enhance the longevity of products through secondary markets.”

Annual report 2024A · The company itself

“Within the category E5, the company has identified an opportunity for positive impact in the form of the business concept Life Cycle Management which contributes to more circular flows of material and avoids greenhouse gas emissions by, for instance, refurbishing discarded IT equipment to prolong the useful life of, for example, laptop computers, cell phones, computer screens and servers. This way, customers can reduce their environmental footprint and contribute to a more circular economy.”

Annual report 2024A · The company itself

“Besides efficient delivery to end customers, Elanders’ clients can benefit from aftermarket services such as the supply of spare parts, repair/ maintenance and updating of software or batteries. Once the end customer eventually discards the product, the services within Life Cycle Management can be added to circulate the product. There, the discarded equipment is collected and subsequently gets its data wiped and is either reconditioned and sold on the second-hand market or recycled after any reusable spare parts have been recovered.”

Annual report 2024A · The company itself

“At the other end of the production line, empty packaging and boxes used upon delivery are cleaned up and reused for the next delivery of components.”

Annual report 2024A · The company itself

“There is an ongoing shift from traditional offset print with large editions towards digital print and more recipient-adapted products. Online print, that is a strategically prioritized area for the Group, continues to show organic growth.”

Annual report 2024A · The company itself

“Elanders is a global provider within print and packaging, with its own print production sites in a number of countries and collaborations within several networks and partnerships. Although traditional commercial offset printing today is experiencing continuously decreasing volumes, the story is quite the opposite when it comes to various forms of digital print ordered online.”

Annual report 2024A · The company itself

“What are your focus areas for the future? We are focusing on more mergers and acquisitions in the direction of online print – and digital print overall. We will also continue investing in production equipment and processes as well as marketing.”

Annual report 2024A · The company itself

“In 2024, Elanders continued the roll-out of the company’s proprietary WMS, CloudX, and by the end of the year, the system was in use in 18 facilities around the world. As a result, the company has acquired new global customers and developed several existing local and regional customers to become global. — Print & Packaging Solutions Elanders Sverige AB, which was previously part of the business area Supply Chain Solutions, is as of January 1, 2024, included in Print & Packaging Solutions, which better reflects the Group’s internal reporting structure and the company’s product and service offering.”

Annual report 2024A · The company itself

“CloudX will additionally be available on the market, to the benefit of customers who, for example, want to handle logistics in-house in their home market, but use Elanders overseas, and keep the same efficient WMS.”

Annual report 2024A · The company itself

“Over the last few years, investments have been made in competitive digital technology in order to meet customer demand for flexible print production in shorter and smaller series with high quality and at competitive prices.”

Annual report 2024A · The company itself

“CI: A great advantage is the ease and speed of integration with all major shop systems used by brands, as well as marketplaces, ERP (Enterprise Resource Planning) systems and retailers. A fulfillment solution can very rapidly be set up or expanded to a new market, enabling standardization and a radically improved customer experience.”

Annual report 2024A · The company itself

““ Our strong, state-of-the-a proprietary Warehouse Management System (WMS) CloudX provides a seamless workow and omnichannel fulllment.””

Annual report 2024A · The company itself

“The strategically important customer segment Health Care also showed organic growth.”

Annual report 2024A · The company itself

“We have a continued focus on Electronics, which is our core customer segment, but are also working hard to realize our aspirations within Health Care and will continue to expand our capabilities in this area to more sites.”

Annual report 2024A · The company itself

“— Assembly and Testing — Production Distribution & Outbound Services — Pick and Pack — Consolidation and Transit — Global and Local Deliveries — JIS (Just-in-Sequence) — E-commerce Procurement & Inbound Services — Sourcing and Procurement — Customs Services — Freight Solutions — Warehouse and Inventory Management Recipients — Consumers — Retail — E-commerce — Factories — Hospitals All steps of the life cycle On behalf of customers, Elanders manages and optimizes the flow of raw materials, components, finished products, payments and information through all steps of a product’s life cycle.”

Annual report 2024A · The company itself

“The industry has special regulations and strict demands when it comes to things like sterile handling of equipment, components, consumables and input materials for medical preparations. For a logistics partner, this entails considerable investments, high standards, quality-assured processes and recurring audits of required certifications.”

Annual report 2024A · The company itself

“The British company Kammac is a exible and reliable contract logistics provider that provides supply chain management services to a wide range of companies within, for example, food and beverages and health care.”

Annual report 2024A · The company itself

“Currently our focus is on Health Care, FMCG, industrial mobility, excise bonded opportunities, e-commerce and value-added services like co-packing.”

Annual report 2024A · The company itself

“Our customer segmentsThis is Elanders In a world characterized by, among other things, a growing middle class, the consumption of electronics is on the rise, both for companies and consumers. This goes for everything from computers, surveillance systems and TVs to heat pumps and data centers.”

Annual report 2024A · The company itself

“However, the business area can see increased demand in the customer segments Electronics and Other.”

Annual report 2024A · The company itself

“The Group provides services starting off from the procurement of components, carrying out quality controls and just-in-time/sequence deliveries for manufacturing. When the products are finished, Elanders offers warehousing and distribution according to the customers’ wishes. A range of value-added services such as assembly of components, flashing software, country adaptation and consolidating orders are also offered. Furthermore, clients can get assistance with customs clearance, certain financial services and cross-border tax management.”

Annual report 2024A · The company itself

“Electronics — Services throughout the life cycle From component procurement to retrieval of the nished product The Electronics customer segment is one of Elanders’ largest, with several giants within electronics and IT found among its clients.”

Annual report 2024A · The company itself

“Clients demand end-toend solutions to achieve efficient handling of large volumes of products and equipment that often need to be adapted to various geographical markets and types of users. The management of spare parts, repairs and handling of discarded equipment are also increasingly handed over to a partner in today’s outsourcing market.”

Annual report 2024A · The company itself

“The company is a partner to some of the world’s leading companies in consumer electronics, communications, computing, medical technology, software and retail.”

Annual report 2024A · The company itself

“— Assembly and Testing — Production Distribution & Outbound Services — Pick and Pack — Consolidation and Transit — Global and Local Deliveries — JIS (Just-in-Sequence) — E-commerce Procurement & Inbound Services — Sourcing and Procurement — Customs Services — Freight Solutions — Warehouse and Inventory Management Recipients — Consumers — Retail — E-commerce — Factories — Hospitals All steps of the life cycle On behalf of customers, Elanders manages and optimizes the flow of raw materials, components, finished products, payments and information through all steps of a product’s life cycle.”

Annual report 2024A · The company itself

“The service offering includes everything from order management, procurement, purchasing components, customs management and warehousing to production logistics, manufacturing, configuration, quality control and delivery. The Group also handles payment flows and synchronizing purchasing and warehousing with demand, as well as managing the recycling or resale of returned or discarded products.”

Annual report 2024A · The company itself

“Avoided emissions in thousand tonnes CO e 1) Elanders’ two business areas Through its largest business area Supply Chain Solutions, Elanders is one of the lea ding com panies in the world in global solutions for supply chain management. The range of ser vices includes, among other things, taking responsibility for and optimizing customers’ material and product ows, everything from sourcing and procure ment combined with warehousing to aer-sales services.”

Annual report 2024A · The company itself

“Elanders is a global logistics company offering a broad service range of integrated solutions within supply chain management. The business is mainly operated through two business areas, Supply Chain Solutions and Print & Packaging Solutions.”

Annual report 2024A · The company itself

“While being true experts within the area of print and packaging, we also add value by delivering solutions in every step of the customer’s supply chain, end-to-end and beyond. Starting from the online sales process, where we can supply web shop solutions, online print production, storage and finally invoicing and aftermarket services, where we for instance can manage end customer returns.”

Annual report 2024A · The company itself

“Elanders offers integrated and customized solutions for handling all or part of the customers’ supply chain. The Group can take complete responsibility for complex and global deliveries that may include purchasing, storage, configuration, production and distribution. The offer also includes order management solutions, payment flows and after market services on behalf of the customers.”

Annual report 2024A · The company itself

“Thanks to Elanders’ financial strength, this creates opportunities for the Group to gain market shares.”

Annual report 2024A · The company itself

“When Elanders acquired Kammac Ltd in November 2023, two-thirds of the purchase price was paid at the time of the acquisition. The remainder consists of a contingent consideration that will be paid during the second quarter of 2025 and is based on the outcome of 2024.”

Annual report 2024A · The company itself

“With the acquisitions of Bishopsgate Newco Ltd. in February 2024 and Kammac Ltd in November 2023, Elanders strengthened its market position within technical logistics and contract logistics in the UK. This has made the country one of the largest markets for Elanders which is of strategic importance, given that the UK is one of Europe’s largest logistics markets.”

Annual report 2024A · The company itself

“Furthermore, the acquisitions were an important step in the Group’s strategy to constantly evolve its offering, increase its geographical spread and improve its EBITA margin.”

Annual report 2024A · The company itself

“The major driver of greenhouse gas emissions in our printing operations is usage and waste of paper, which we are targeting in a number of ways. A basic principle is that the most sustainable way to print is to print on demand in the location where the demand is found, thereby reducing the paper usage and waste as well as transportation.”

Annual report 2024A · The company itself

“The Group also provides global, comprehensive solutions within print that are run extremely efficiently and flexibly. Everything from print and packaging production to various add-on services, like for example kitting and packing for just-in-time or sequence delivery, are offered. In addition to packaging, most of the growth in printing services is found within online print, where Elanders has both its own efficient order platforms and delivers printed matter for a number of other well-established companies.”

Annual report 2024A · The company itself

“Elanders’ two business areas With innovative force and global presence, Elanders, through the business area Print & Packaging Solutions, oers cost-eective solutions that can handle customers’ local and global needs for printed material and packaging. In many cases, this is combined with advanced order plaorms on the Internet, value-added services and just-in-time deliveries.”

Annual report 2024A · The company itself

“Today, Elanders is one of few global companies offering solutions that include everything from printed matter and packaging to other related services such as kitting and packaging for just-in-time or sequence deliveries worldwide.”

Annual report 2024A · The company itself

“Manufacturing costs must be kept down, lead times short and product quality and delivery precision high. Logistics is a key factor for success along the supply chain all the way to the aftermarket.”

Annual report 2024A · The company itself

“We are continuously working to optimize and improve our processes and workflows, making full use of the latest, state-of-the-art technology to deliver exceptional quality and short production times.”

Annual report 2024A · The company itself

“Over the last few years, investments have been made in competitive digital technology in order to meet customer demand for flexible print production in shorter and smaller series with high quality and at competitive prices.”

Annual report 2024A · The company itself

“The market outlook going forward is positive for the majority of both customer segments and regions, despite a continued cautious market. During the second half of the year, demand increased gradually and is expected to remain stable overall.”

Annual report 2024A · The company itself

“This change is primarily related to the Automotive customer segment that continues to face major structural challenges, which has led to strategic cost-side measures. The majority of the company’s other customer segments, however, are experiencing a gradual improvement in demand.”

Annual report 2024A · The company itself

“Elanders divides its customers into six segments according to the industry they work in: Automotive, Electronics, Fashion, Health Care, Industrial and Other. The Group strives to have a good spread and customer mix in the segments. Diversication makes Elanders more robust in business cycle uctuations, swings in demand and global crises.”

Annual report 2024A · The company itself

“Today, Elanders are experts within medical logistics with a global footprint, committed to delivering services at the highest level of quality without compromise and with continuous improvements. The clients are efficiently supported throughout the product life cycle, starting from the procurement of materials, through manufacturing and assembly, as well as distribution, and on to aftermarket services and the handling of equipment that is worn-out. Elanders can manage entire logistics chains and ensure that end customers are provided with the equipment, spare parts and consumables, at the right time.”

Annual report 2024A · The company itself

“The Group handles all aspects of logistics and transport, as well as providing and coordinating value-added services for sensitive health care equipment and in vitro diagnostics (IVD). This includes demo pool services, installation services, taking back wornout equipment, as well as temperature-controlled storage in different climate zones down to –80 degrees Celsius.”

Annual report 2024A · The company itself

“The company is a partner to some of the world’s leading companies in consumer electronics, communications, computing, medical technology, software and retail.”

Annual report 2024A · The company itself

“Fashion showed continued rising growth in Europe while Fashion in North America has negative growth but, on a positive note, the inflow of new customers and requests continued to increase during the end of the year.”

Annual report 2024A · The company itself

“— Assembly and Testing — Production Distribution & Outbound Services — Pick and Pack — Consolidation and Transit — Global and Local Deliveries — JIS (Just-in-Sequence) — E-commerce Procurement & Inbound Services — Sourcing and Procurement — Customs Services — Freight Solutions — Warehouse and Inventory Management Recipients — Consumers — Retail — E-commerce — Factories — Hospitals All steps of the life cycle On behalf of customers, Elanders manages and optimizes the flow of raw materials, components, finished products, payments and information through all steps of a product’s life cycle.”

Annual report 2024A · The company itself

“Canada, Moldova, Netherlands and the USA Fashion and Other ~  Our largest operations — Bergen LogisticsThis is Elanders How does being pa of the Elanders Group benet Bergen Logistics?”

Annual report 2024A · The company itself

“At the same time, the Group also offers more complex concepts for mature brands that crave more customization and flexibility from their logistics partner, in order to achieve desired scalability and flexibility. No matter the type of concept, the great advantage clients get from Elanders is that they can focus on their core business: designing clothes (or other fashion items) and handling the manufacturing and sales. Meanwhile they keep one point of contact and one integration for their global fulfillment needs.”

Annual report 2024A · The company itself

“Within this area the Group oers global supply chain manage - ment ser vices adapted to the needs of all types of customers. From new, smaller brands all the way up to well-established giants present in most consumers’ wardrobes. percent of Elanders’ total sales thousand m in total floor area at facilities within the Group number of sites globally This is Elanders Our customer segments — Fashion The Fashion customer segment includes not only clothes, but also accessories, perfumes and other lifestyle items.”

Annual report 2024A · The company itself

“Bergen Logistics offers global solutions for both multinational fashion customers and customers intending to expand into new markets. The company wants to be a natural partner to growth companies looking for a simple way to establish themselves and grow in new markets.”

Annual report 2024A · The company itself

“FMCG customers often demand agile flexibility from their logistics partners.”

Annual report 2024A · The company itself

“Since the acquisition of Kammac in 2023, another important part of the customer segment Other is FMCG, including the beverage industry. Here, the Group provides third-party logistics services with great range, including warehousing of both finished products and brewing materials, e-commerce fulfillment and transport.”

Annual report 2024A · The company itself

“— Assembly and Testing — Production Distribution & Outbound Services — Pick and Pack — Consolidation and Transit — Global and Local Deliveries — JIS (Just-in-Sequence) — E-commerce Procurement & Inbound Services — Sourcing and Procurement — Customs Services — Freight Solutions — Warehouse and Inventory Management Recipients — Consumers — Retail — E-commerce — Factories — Hospitals All steps of the life cycle On behalf of customers, Elanders manages and optimizes the flow of raw materials, components, finished products, payments and information through all steps of a product’s life cycle.”

Annual report 2024A · The company itself

“This is Elanders Our customer segments — Other percent of Elanders’ total sales glass bottles handled per year   M M photo calendars per year Other Indu str ial Procurement & Customs management Warehousing Manufacturing & Customs management Warehousing Returns management White glove delivery Local and global distribution & Indu str ial Industrial — Responsiveness creates success Customized solutions at the right cost Elanders has a strong position in the Industrial customer segment and handles everything from smaller products to large-scale, logistically complex constructions and solutions. With great responsiveness to customers, the Group retains the high delivery precision and service quality demanded. percent of Elanders’ total sales outgoing deliveries every year from Elanders’ warehouses thousand m in total floor area at facilities within the Group In order to stay competitive and generate profits, industrial manufacturers today need control and efficiency at all stages.”

Annual report 2024A · The company itself

“Currently our focus is on Health Care, FMCG, industrial mobility, excise bonded opportunities, e-commerce and value-added services like co-packing.”

Annual report 2024A · The company itself

“What are your focus areas for the future? We are focusing on more mergers and acquisitions in the direction of online print – and digital print overall. We will also continue investing in production equipment and processes as well as marketing.”

Annual report 2024A · The company itself

“The British company Kammac is a exible and reliable contract logistics provider that provides supply chain management services to a wide range of companies within, for example, food and beverages and health care.”

Annual report 2024A · The company itself

“In 2024, Elanders further expanded the use of the energy saver module “eSaver”. The “eSaver” module functions as a lowpass filter that smooths out fluctuations in the power grid, leading to more efficient energy usage. Similar to the energy recovery systems in modern electric vehicles, surplus energy is captured and reinjected as needed.”

Annual report 2024A · The company itself

“In addition to the offer to the B2B market, the Group also sells reused and refurbished IT-related products via its own brand ReuseIT and photo products via the brands fotokasten and myphotobook directly to consumers.”

Annual report 2024A · The company itself

“In addition to this, Elanders has also chosen to discontinue a large part of the subscription box operations, which for a long time has had low profitability. As a result of this discontinuation, sales will decrease by MUSD 22 on an annual basis, of which MUSD 13 in 2024. — Newly established business in Thailand During the year, Elanders has established its first contract logistics unit in Thailand after securing an important deal with one of the Group’s major Electronics customers.”

Annual report 2024A · The company itself

“These are mainly due to the Group’s dependence on non-renewable energy for transportation and emissions in relation to the production of paper. Decreasing the dependence on fossil fuels in both Elanders’ own fleet of trucks and in freight forwarding services supplied by others and adjusting the choice of energy and materials within the printing operations are two key issues for Elanders, as they make up the greatest sources of greenhouse gas emissions within the Group.”

Annual report 2024A · The company itself

“The major challenge is our large fleet of trucks. Here, we are looking for new solutions including electric trucks and trailers, as well as other green alternatives to diesel such as HVO and hydrogen fuel cells. Costs remain a challenge, but customers are increasingly ready to pay the price to meet their own emissions reduction targets.”

Annual report 2024A · The company itself

“Higher interest expenses, as an effect of the current net debt combined with high interest rate levels, continued to have a tangible impact on the income statement compared to last year. — Supply Chain Solutions Elanders Sverige AB, which was previously part of the business area Supply Chain Solutions, is as of January 1, 2024, included in Print & Packaging Solutions, which better reflects the Group’s internal reporting structure and the company’s product and service offering.”

Annual report 2024A · The company itself

“Net debt increased by MSEK 921 to MSEK 9,112 compared to MSEK 8,191 at the beginning of the year.”

Annual report 2024A · The company itself

“The market as a whole is expanding, outsourcing and e-com merce is increasing, and demand is driven by a globally growing middle class. New regulations and changing behavior patterns will probably have a major impact on future logistic flows, which puts high demands on the players who want to operate in the market.”

Annual report 2024A · The company itself

“Political and economic realities are creating a new need to decentralize from China and the ASEAN region is becoming a new manufacturing hotspot. Ready to seize new opportunities as they materialize, Mentor Media has secured an important contract with an existing Electronics client enabling us to set up our first contract logistics site in Thailand.”

Annual report 2024A · The company itself

“In the face of potential new customs pressures, we have developed a ‘global launch’ platform. This allows customers to move manufacturing operations to new territories, such as Mexico, and partnering with us for their supply chain needs, using our infrastructure, space and people.”

Annual report 2024A · The company itself

“Customers in Health Care operate in a heavily regulated industry that is growing due to factors such as an aging population, lifestyle diseases and rapid technological developments.”

Annual report 2024A · The company itself

“Our customer segments — IndustrialThis is Elanders    M Procurement & Customs management Warehousing Manufacturing & Customs management Warehousing Returns management White glove delivery Local and global distribution & Customs management Pick & Pack Configuration & Testing Elanders in the customers value chain percent of Elanders’ total sales thousand customer orders handled per day The Health Care customer segment has great growth potential given the fast-paced scientific and technological development, a globally aging population and prolonged life expectancy.”

Annual report 2024A · The company itself

“The development of electric and self-driving vehicles and demands for climate neutrality entail challenging transitions for the Automotive industry. Brand owners want to focus on their core business and therefore put high demands on their supply chain regarding both quality and reliability.”

Annual report 2024A · The company itself

“Within Automotive today, logistics providers must be flexible and able to quickly react to changes, since the market is in the midst of a shift from traditional combustion engines to climate neutrality, electrical power and more self-driving vehicles. The ability to handle changes and support different kinds of products in the supply chain is pivotal.”

Annual report 2024A · The company itself

“The change mainly referred to acquisitions and changes in additional considerations that increased net debt by approximately MSEK 500 and exchange rate fluctuations of MSEK 506.”

Annual report 2024A · The company itself

“Excluding exchange rate fluctuations, discontinued operations and acquisitions, net sales declined organically by two percent.”

Annual report 2024A · The company itself

“The change mainly referred to acquisitions and changes in additional considerations that increased net debt by approximately MSEK 500 and exchange rate fluctuations of MSEK 506.”

Annual report 2024A · The company itself

“Excluding exchange rate fluctuations, discontinued operations and acquisitions, net sales declined organically by two percent.”

Annual report 2024A · The company itself

“Our customer segmentsThis is Elanders In a world characterized by, among other things, a growing middle class, the consumption of electronics is on the rise, both for companies and consumers. This goes for everything from computers, surveillance systems and TVs to heat pumps and data centers.”

Annual report 2024A · The company itself

“The market is also impacted by increased regulation and environmental requirements, such as the EU Deforestation Regulation (EUDR) which places high demands on companies trading with products originating from the forest to show sustainable due diligence in their operations and value chains.”

Annual report 2024A · The company itself

“Political and economic realities are creating a new need to decentralize from China and the ASEAN region is becoming a new manufacturing hotspot. Ready to seize new opportunities as they materialize, Mentor Media has secured an important contract with an existing Electronics client enabling us to set up our first contract logistics site in Thailand.”

Annual report 2024A · The company itself

“The market as a whole is expanding, outsourcing and e-com merce is increasing, and demand is driven by a globally growing middle class. New regulations and changing behavior patterns will probably have a major impact on future logistic flows, which puts high demands on the players who want to operate in the market.”

Annual report 2024A · The company itself

“The market is also impacted by increased regulation and environmental requirements, such as the EU Deforestation Regulation (EUDR) which places high demands on companies trading with products originating from the forest to show sustainable due diligence in their operations and value chains.”

Annual report 2024A · The company itself

“The most impoant markets are China, Germany, Singapore, Sweden, the UK and the USA.”

Annual report 2024A · The company itself

“LGI has more than 50 sites across Europe and the USA and can service customers via its entire global network, through both sister companies within the Group and external partners. The company is a logisticsfocused service provider that offers customized solutions for contract logistics, transportation/forwarding, value added services as well as a wide portfolio of additional services along the entire supply chain.”

Annual report 2024A · The company itself

“Mentor Media has traditionally been very strong within Electronics but is increasingly establishing a global presence within Health Care and, Headquaered in Singapore, Mentor Media is a leading provider of supply chain management solutions that are sustainable for customers, other stakeholders and the societies where it operates.”

Annual report 2024A · The company itself

“— Elanders Print & Packaging Finding oppounities in a challenging market ~ 2,800 Elanders Print & Packaging Germany, Hungary, Italy, Poland, Sweden, the UK and the USA Automotive, Electronics, Fashion, Health Care, Industrial and Other ~ 1,300 Our largest operations — Elanders Print & PackagingThis is Elanders Sven Burkhard, President, Elanders Print & Packaging, on how the right focus nurtures future success.”

Annual report 2024A · The company itself

“Starting from its roots in Manchester, Kammac has expanded nationally. With a unique concept the company offers its customers maximum storage flexibility through a network of, at present, twelve sites around the UK.”

Annual report 2024A · The company itself

“The most impoant markets are China, Germany, Singapore, Sweden, the UK and the USA.”

Annual report 2024A · The company itself

“LGI has more than 50 sites across Europe and the USA and can service customers via its entire global network, through both sister companies within the Group and external partners. The company is a logisticsfocused service provider that offers customized solutions for contract logistics, transportation/forwarding, value added services as well as a wide portfolio of additional services along the entire supply chain.”

Annual report 2024A · The company itself

“Mentor Media has traditionally been very strong within Electronics but is increasingly establishing a global presence within Health Care and, Headquaered in Singapore, Mentor Media is a leading provider of supply chain management solutions that are sustainable for customers, other stakeholders and the societies where it operates.”

Annual report 2024A · The company itself

“Canada, Moldova, Netherlands and the USA Fashion and Other ~  Our largest operations — Bergen LogisticsThis is Elanders How does being pa of the Elanders Group benet Bergen Logistics?”

Annual report 2024A · The company itself

“— Elanders Print & Packaging Finding oppounities in a challenging market ~ 2,800 Elanders Print & Packaging Germany, Hungary, Italy, Poland, Sweden, the UK and the USA Automotive, Electronics, Fashion, Health Care, Industrial and Other ~ 1,300 Our largest operations — Elanders Print & PackagingThis is Elanders Sven Burkhard, President, Elanders Print & Packaging, on how the right focus nurtures future success.”

Annual report 2024A · The company itself

“Mentor Media has traditionally been very strong within Electronics but is increasingly establishing a global presence within Health Care and, Headquaered in Singapore, Mentor Media is a leading provider of supply chain management solutions that are sustainable for customers, other stakeholders and the societies where it operates.”

Annual report 2024A · The company itself

“Given our strong presence in Asia and Latin America, we can work as an internal provider for our sister companies.”

Annual report 2024A · The company itself

“Together with Bergen Logistics we are also expanding within Fashion, at present both in Mexico and in Southeast Asia.”

Annual report 2024A · The company itself

“During the year, Elanders has also established its first contract logistics unit in Thailand after securing an important deal with one of the Group’s largest customers. Operations started in the fourth quarter and have developed in a positive direction. of assets identified in conjunction with acquisitions and one-off items, was MSEK 879 (927) which corresponded to an adjusted EBITA margin of 6.2 (6.7) percent.”

Annual report 2024A · The company itself

“Given our strong presence in Asia and Latin America, we can work as an internal provider for our sister companies.”

Annual report 2024A · The company itself

“Together with Bergen Logistics we are also expanding within Fashion, at present both in Mexico and in Southeast Asia.”

Annual report 2024A · The company itself

“The most impoant markets are China, Germany, Singapore, Sweden, the UK and the USA.”

Annual report 2024A · The company itself

“Canada, Moldova, Netherlands and the USA Fashion and Other ~  Our largest operations — Bergen LogisticsThis is Elanders How does being pa of the Elanders Group benet Bergen Logistics?”

Annual report 2024A · The company itself