on ALSO Holding AG (isin : CH0024590272)
ALSO Holding AG Proposes 13th Consecutive Dividend Increase
ALSO Holding AG announced its best financial position in history, highlighting promising results for 2024. The company's EBITDA reached EUR 234.1 million, with a return on capital employed (ROCE) of 29.6% and a record cash reserve of EUR 730.9 million. This was mainly driven by a significant 31% boost in cloud revenue totaling EUR 1,133 million, attributed to an increase in unique users and improved monetization.
Looking forward, ALSO provides an EBITDA guidance for 2025 between EUR 285 to 325 million, expecting a ROCE of over 17%. The company's long-term goals, supported by its MORE strategy and new WIN expansion, aim at further ecosystem growth. Its Board of Directors has proposed a dividend increase to CHF 5.10 and plans additional share buybacks worth EUR 120 million.
R. P.
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