Ad hoc release: ALSO: Group net profit increases by 11.2 percent to 92.5 million euros - proposed dividend raised by 22.2 per...
February 12 2018 - 1:05AM
Emmen, Switzerland, February 12, 2018
In 2017, ALSO increased its net sales by 11.4 percent to 8.9
billion euros. Group net profit increased by 11.2 percent to 92.5
million euros compared to the previous year. EBT rose by 9.0
percent year-over-year to 124.2 million euros. EBITDA increased by
7.7 percent to 157.3 million euros. "This is an excellent result.
We have exceeded our goals for 2017, while continuing to drive the
transformation of our company forward and consistently implementing
our strategy," said Gustavo Möller-Hergt, CEO of ALSO Holding AG
(SIX: ALSN).
Proposed dividend distribution to shareholders of 2.75
Swiss francs
For 2018, the Board of Directors proposes a dividend
distribution from the reserve from capital contributions in the
amount of 2.75 Swiss francs per share (previous year: 2.25 Swiss
francs). The proposal will be submitted to shareholders for
approval at the Annual General Meeting on March 27, 2018.
The complete 2017 Annual Report will be published on February
23, 2018.
Direct link to the media release:
https://also.com/goto/20180212en
Contact person: Brunswick Group GmbHSimon Hertwig Phone:
+49 89 80 99 025 25E-mail: shertwig@brunswickgroup.com
ALSO Holding AG (Emmen/Switzerland) brings providers and buyers
of the ICT industry together. The company offers services at all
levels of the ICT value chain from a single source. In the European
B2B marketplace, ALSO bundles logistics services, financial
services, supply services, solution services, digital services, and
IT services together into individual service packages. ALSO's
portfolio contains more than 250 000 articles from some 525
vendors. The Group has 4 058 employees throughout Europe. In fiscal
year 2017 (closing on December 31), the company generated net sales
of 8.9 billion euros. The majority shareholder of ALSO Holding AG
is the Droege Group, Düsseldorf, Germany. Further information is
available at http://www.also.com
Droege Group (Major shareholder)Droege Group (founded in 1988)
is an independent advisory and investment company entirely
family-owned. The company acts as a specialist for tailor-made
transformation programs aiming to enhance corporate value. Droege
Group combines its corporate family-run structure and capital
strength into a family-equity business model. The group carries out
direct investments with own equity in corporate subsidiaries and
medium-sized companies in "special situations". With the guiding
principle "Implementation - following all the rules of art," the
group is a pioneer of implementation-oriented corporate
development. Droege Group proves its implementation excellence
daily within its own portfolio. The entrepreneurial platforms of
the Droege Group are aligned to current megatrends (knowledge,
connectivity, prevention, demography, shopping 4.0, future work).
Enthusiasm for quality, innovation and speed determines the
company's development. As a result the Droege Group has
successfully positioned itself within the market, both nationally
and internationally and operates in 30 countries. More information:
https://www.droege-group.com
DisclaimerThis press release contains forward-looking statements
which are based on current assumptions and forecasts of the ALSO
management. Known and unknown risks, uncertainties, and other
factors could lead to material differences between the
forward-looking statements made here and the actual development, in
particular the results, financial situation, and performance of our
Group. The Group accepts no responsibility for updating these
forward-looking statements or adapting them to future events or
developments.
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