2018.12.2 - Mārupe

ALSO: Group net profit increases by 11.2 percent to 92.5 million euros – proposed dividend raised by 22.2 percent to 2.75 Swiss francs

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