on ALSO Holding AG (isin : CH0024590272)
ALSO Holding AG announces strong performance in a challenging environment
ALSO Holding AG has unveiled its annual results, highlighting an encouraging performance despite a complex economic and geopolitical environment. The company, based in Emmen, Switzerland, disclosed key figures for the past year, demonstrating its adaptability and growth capabilities. With an operational EBITDA margin of 2.3%, representing a 15% increase, and a return on capital employed (ROCE) of 25.7%, also up by 15%, ALSO Holding proves its financial resilience.
The proposal of a dividend of 4.80 CHF, a 4.3% increase, underscores the board's confidence in the company's strength and future prospects. This decision marks the twelfth consecutive year of dividend growth. Despite a slight decrease in sales of around 1.4 billion euros, attributed to client structure optimization and cautious buying in countries like Germany and Poland, ALSO managed to slightly exceed the operational results of the previous year.
CEO Gustavo Möller-Hergt emphasized the importance of investments in new IT infrastructure as a key factor for long-term success. In anticipation, ALSO is raising its short and medium-term targets, aiming for a ROCE above 25% by 2024 and committing to an EBITDA range of 350 to 450 million euros by 2026 to 2028. ALSO highlights its ongoing expansion into new markets and technologies, supported by an acquisition pipeline.
R. H.
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