ALSO Group: Another Record Result

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.