Brief: Also Holding FY Net Profit Up At Over EUR 100 Million

Also Holding AG

26/02/2020 16:45

Feb 26 (Reuters) - ALSO HOLDING AG  ALSN.S :
    * FY NET SALES INCREASED FROM 9.2 BILLION EUROS TO 10.7
BILLION
EUROS (+ 16.5 PERCENT)
    * EBITDA OF 197 MILLION EUROS IN 2019 AS COMPARED TO 153
MILLION
EUROS IN PREVIOUS YEAR
    * FOR 2020 ALSO IS PLANNING TO IMPROVE ITS REPORTED EBITDA
TO
BETWEEN 210 AND 220 MILLION EUROS
    * HAS INCREASED ITS MIDTERM TARGET FOR EBITDA TO A RANGE OF
250 TO
310 MILLION EUROS
    * EXPECTATIONS FOR ROCE ARE 13 TO 14 PERCENT
    * FY NET PROFIT OVER 100 MILLION EURO, +24 PERCENT
    * PROPOSES DIVIDEND OF 3.25 SWISS FRANCS PER SHARE

Source text for Eikon:  ID:nAWPbBHr4n 
Further company coverage:  ALSN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))