ALSO Holding AG
ALSN
ISIN CH0024590272 / Valor 2459027
ALSO Holding AG
UMushroom community rating:
About company
ALSO Holding AG is a prominent technology provider for the Information and Communication Technology (ICT) industry. Established and headquartered in Emmen, Switzerland, the company operates a business model that integrates logistics, financial services, and supply services across the ICT sector. ALSO's business strategy, introduced in 2011 and dubbed "MORE," focuses on sustainable profitable growth, maintaining a solid capital structure, and enhancing profitability. This strategy encompasses securing the company's achievements, expanding its ecosystem, and maintaining a dominant position in developed markets. ALSO serves a wide range of customers and vendors, leveraging its extensive network to distribute ICT products and solutions effectively.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (01.01.2025):
Revenue Performance
In the first half of 2024, ALSO Holding AG reported revenues of 5.1 billion euros. This figure represents a 7% decline compared to the previous year, influenced by consumer spending restraint in key markets such as Germany, Poland, and the Netherlands.
EBITDA and Profitability
ALSO Holding AG achieved an operating EBITDA of 106 million euros in the first half of 2024, with an EBITDA margin of 2.1%. This includes 12 million euros allocated for future growth initiatives, such as IT infrastructure costs and the expansion of digital platforms.
Cloud Revenue Growth
The company experienced a significant increase in cloud revenues, reaching 662 million euros, which marks a 25% growth compared to the previous year. This growth underscores the company's strategic focus on expanding its digital and cloud-based offerings.
Cash Flow and Financial Position
ALSO Holding AG reported a strong cash position of 643 million euros, with a free cash flow of 173 million euros. This financial strength positions the company well to capitalize on additional market opportunities and pursue strategic acquisitions.
Outlook and Strategic Goals
Based on the first half results, ALSO Holding AG has confirmed its targets for 2024, anticipating improved market conditions in the second half of the year. The company aims to accelerate the growth of its digital platforms and benefit from recent acquisitions in Italy, Austria, Scandinavia, and the Czech Republic.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3209 M
Market cap (USD)
10,446
Daily traded volume (Shares)
226.5 / 222.5
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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