ALSO Group: Another Record Result

EMMEN, SWITZERLAND--(Marketwired - Feb. 12, 2016) - In fiscal year 2015, profit before taxes (EBT) rose by 10.9 percent to 90.8 million euros. "For the fifth time in a row, the ALSO team has achieved a record result," says Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX:ALSN.SW).

Net sales of the ALSO Group improved by 7.7 percent to 7.8 billion euros. Group net profit climbed to 62.9 million euros and thereby exceeded the previous year's level by 3.3 percent.

Disbursement to the shareholders

For 2016, the Board of Directors proposes a distribution to the shareholders from the reserve from contribution in kind of 1.90 Swiss francs per share. This represents a total dividend payment of 24.4 million Swiss francs. In total 35 percent (previous year 32 percent) of Group net profit will be distributed. The proposal will be submitted to the shareholders for approval at the Annual General Meeting of March 17, 2016.

The complete Annual Report for 2015 will be published to coincide with the Analyst and Media Conference on February 23, 2016.

Personal Data

Dr. Olaf Berlien will not be standing for re-election at the next Annual General Meeting. The Board of Directors will propose Dr. Ernest-W. Droege as successor.

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 160 000 articles from some 350 vendors. The Group has around 3 600 employees throughout Europe. In fiscal year 2015 (closing on December 31), the company generated net sales of 7.8 billion euros. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at www.also.com.

Disclaimer

This 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.