2017.9.2 - Mārupe

ALSO Group: Another Record Result

In fiscal year 2016, ALSO’s profit before taxes (EBT) rose by 25.4 percent to 113.9 million euros. "For the sixth time in a row, the ALSO team has achieved a record result," says Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN).

Group net profit climbed to 83.2 million euros, exceeding the previous year’s figure by 32.3 percent. EBITDA rose to 146.0 million euros by 4.3 percent. This includes initial investments in the new markets in Poland and Benelux as well as the new state-of-the-art warehouse in Finland. Net sales of the ALSO Group improved by 2.5 percent to 8.0 billion euros.

Dividend proposal of 2.25 CHF per share

For 2017, the Board of Directors has proposed a distribution to the shareholders from the reserve an in-kind contribution amounting to 2.25 Swiss francs per share (previous year 1.90). The proposal will be submitted to the shareholders for approval at the Annual General Meeting on March 21, 2017.

The complete Annual Report for 2016 will published on February 23, 2017.

Direct link to the press release: http://www.also.com/goto/20170209en