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ALSO confirms 2015 sales and profit rises

Will use accumulated reserves to pay dividend

Distributor ALSO has confirmed that in fiscal 2015, profit before tax increases (EBT) rose by 10.9% to €90.8m. ALSO Group sales improved by 7.7% to €7.8bn. Net income rose to €62.9m, exceeding the previous year by 3.3%. "The ALSO-team succeeded for the fifth consecutive time, to achieve a record result," says Gustavo Möller-Hergt, CEO of ALSO Holding AG. In 2016, it proposes to make a dividend out of reserves of 1.90 Swiss francs per share. This corresponds to a total dividend of 24.4 million Swiss francs.