ALSO Group Increases Net Profit by 14 Percent in the 1st Half Year

ALSO Group Increases Net Profit by 14 Percent in the 1st Half Year

EMMEN, SWITZERLAND — (Marketwired) — 07/26/16 — ALSO Group concludes the first six month of 2016 with Group net profit of 27.8 million euros and thus increases its results by around 14 percent compared to the previous-year period. Profit before taxes (EBT) jumped up by around 12 percent to 40.3 million euros. Net sales rose by roughly 3 percent to 3 771 million euros."We are very pleased with our performance in the first six month of 2016. We have again been able to increase profit sig

ALSO and Logicom Form Cloud Partnership to Serve Southern Europe and Middle East

ALSO and Logicom Form Cloud Partnership to Serve Southern Europe and Middle East

EMMEN, SWITZERLAND — (Marketwired) — 06/15/16 — ALSO and Logicom have agreed on a strategic partnership to bring a wide range of local and global cloud-based software services to customers in Southern Europe and the Middle East starting in July 2016. Both companies join forces to make the ALSO Cloud Marketplace platform available to over 10,000 Logicom partners in 13 countries, with a potential of 350,000 new seats on the platform: Greece, Cyprus, Malta, Italy, Romania as well as Saudi-Arab

ALSO Expands in Europe – New Presence in Belgium

ALSO Expands in Europe – New Presence in Belgium

EMMEN, SWITZERLAND — (Marketwired) — 06/10/16 — ALSO is driving its expansion course adding Belgium as its 15th country with a local subsidiary. The company will provide the full range of services to customers in Belgium and Luxembourg. "We know the Belgian market well as we have served it over the last 20 years through an export model. Today, we are already the market leader in printing supplies in Belgium, serving hundreds of unique resellers and retailers in the IT and stationary se

ALSO Opens State-Of-The-Art Logistics Center in Finland

ALSO Opens State-Of-The-Art Logistics Center in Finland

EMMEN, SWITZERLAND — (Marketwired) — 06/08/16 — Editors Note: There is a photo associated with this press release.ALSO, the leading wholesaler of IT and consumer electronics in Finland, opened a new logistics center in Pirkkala. In sum, approximately 20 million euros were invested to create a fully flexible warehouse. It enables same-day delivery across the greater part of the country as well as delivery of certain product categories to Estonia."The e-commerce warehouse is a state-of-th

ALSO Group Increases Profit by 18.5 Percent in the First Quarter of 2016

ALSO Group Increases Profit by 18.5 Percent in the First Quarter of 2016

EMMEN, SWITZERLAND — (Marketwired) — 04/26/16 — The ALSO Group achieved record net sales in the first quarter of 2016. At the same time, net profit which was also at record levels in the first quarter, increased more strongly than net sales. "We continuously improve our earnings quality, and as such have managed a solid start into the new financial year," said Gustavo Moller-Hergt, CEO of ALSO Holding AG (SIX: ALSN).Group net profit came in at 14.1 million euros in the first quart

ALSO Opens Up Slovenia as Its 14th European Market

ALSO Opens Up Slovenia as Its 14th European Market

EMMEN, SWITZERLAND — (Marketwired) — 03/30/16 — ALSO Group strengthens its presence in Eastern Europe by forming a subsidiary in Slovenia. The Ljubljana-based office will focus on Digital Services distribution, launching the ALSO Cloud Marketplace, the one-stop-shop solution for ALSO customers, in April 2016. "With more than 125,000 seats sold in the Microsoft Cloud Solution Provider (CSP) Program we are one of the major indirect partners for Microsoft in our European markets already t

Annual General Meeting of ALSO Holding AG: Shareholders approve all proposals of the Board of Directors

Annual General Meeting of ALSO Holding AG: Shareholders approve all proposals of the Board of Directors

EMMEN, SWITZERLAND — (Marketwired) — 03/18/16 — At the Annual General Meeting of ALSO Holding AG held in Lucerne, Switzerland, on March 17, 2016, the shareholders approved the Annual Report 2015 (including status report, compensation report, financial statements, and consolidated financial statements), and the Board of Directors as well as Group Management were granted discharge for their activities (SIX: ALSN).The shareholders approved the proposal of the profit appropriation to receive CH

ALSO Group: Dividend Up 19 Percent After Another Record Result

EMMEN, SWITZERLAND — (Marketwired) — 02/23/16 — In fiscal year 2015, the ALSO team achieved a record result for the fifth time in a row. "EBT before non-recurring effects posted an increase of 30 percent to 103 million euros. Thanks to systematic management decisions, this result was achieved at the same time as significant investments in infrastructure to shape the future development of the company and sustainably ensure its profitability," emphasizes Gustavo Moller-Hergt, CEO of