Feb 18, 2025 - Emmen
Ad hoc announcement pursuant to Art. 53 LR
ALSO proposes 13th consecutive dividend increase
The IT market offers attractive growth opportunities. Thanks to its long-term strategy and its successful implementation based on its sustainably built ecosystem, ALSO was also able to achieve pleasing results in 2024.
For the past financial year, EBITDA amounted to EUR 234.1 million with a ROCE of 29.6% and a record cash balance of EUR 730.9 million.
Contributing to these results was a 31% increase in cloud revenue to EUR 1,133 million, driven by a rise in unique users to 4.4 million and improved monetization. ALSO sees considerable potential for the future in boosting the share of wallet.
Thanks to the proven MORE strategy (Maintain, Optimize, Reinvent, Enhance) and its newly defined extension through WIN (Watch, Identify, Navigate), ALSO is ready for the future. Against this backdrop, the company is providing EBITDA guidance for 2025 of EUR 285 to 325 million and expects a ROCE of over 17%, taking into account acquisitions that have already been agreed. In the medium term (three to five years), the company is increasing its growth targets by expanding its ecosystem and its well-filled acquisition pipeline and is aiming for EBITDA of between EUR 425 and 525 million and ROCE of over 25%.
Due to the solid liquidity position and the excellent prospects, the Board of Directors is proposing another increased dividend of CHF 5.10 to shareholders and is planning further share buybacks of EUR 120 million for possible LTI programs and acquisitions.