ALSO increases EBITDA by 34 percent, ROCE 12 percent , Revenue +35 percent

ALSO increases EBITDA by 34 percent

• ROCE 12 percent
• Revenue +35 percent

ALSO Holding AG (SIX: ALSN) achieved a reported EBITDA of 126 million euros in the first half of 2025 (+32m year-over-year). This includes one-time acquisition-related costs of 6 million. The cloud platform made a significant contribution, with a 34 percent increase in unique users to 5.5 million and revenue of 845 million euros.

As expected, ROCE stands at 12 percent, due to investments. The results were achieved with a revenue increase of 1.8 billion to 6.9 billion euros. ALSO’s standalone revenue rose by 8 percent, significantly outperforming the market.

The main drivers of these positive developments are:

• Operational excellence: portfolio and cost optimization
• Digital platforms
• Continued successful integration of acquisitions

The targets for 

are confirmed. This stems from the potential the company developed through a clear strategic direction:

• Increasing operational excellence through AI
• Growth of digital platforms (Cloud, IoT, Cybersecurity, Virtualization, AI)
• Additional acquisitions with a well-filled pipeline

Wolfgang Krainz, CEO of the Group: «We thank our resellers, vendors, suppliers, shareholders, and especially our employees for their support.»

Link to Financial Reporting
Link to Presentation
Link to Webcast Registration

^[1] in million euros / ^[2] in percent
 

Contact ALSO Holding AG
Kilian Maier
Investor Relations
E-Mail: kilian.maier@also.com

 

ALSO Holding AG (ALSN.SW) (Emmen/Switzerland) is Europe’s largest technology provider for the ICT industry, currently active in 31 European countries and in many countries worldwide via PaaS partners. The ALSO ecosystem comprises a total potential of more than 135,000 resellers, to whom we offer hardware, software and IT services from more than 800 vendors in over 1,570 product categories. In the spirit of the circular economy, the company provides all services from provision to remanufacturing from a single source. The business activities comprise the areas of Supply, Solutions and Service. Supply stands for the transactional provisioning of hardware and software. Solutions supports customers in the development of customised IT solutions. Subscription-based cloud offerings as well as digital platforms for IoT, cybersecurity, virtualisation and AI are at the heart of the Service division. The main shareholder is the Droege Group, Düsseldorf, Germany. Further information can be found at  https://also.com. 

The Droege Group (founded in 1988) is an independent investment and consulting firm under full family ownership. The company acts as a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group combines its corporate family-run structure and capital strength into a family-equity business model. The group invests its own equity in “special opportunities” with a focus on medium-sized companies and spin-offs as well as strategically in buy & build transactions. With the guiding principle "execution - following the rules of art", the group is a pioneer in execution-oriented corporate development. Droege Group follows a focused investment strategy based on long-term oriented megatrends. Enthusiasm for quality, innovation and speed determines the company’s actions. In recent years Droege Group has successfully positioned itself in domestic and international markets and operates in 30 countries. Further information can be found at https://droege-group.com. 

Disclaimer: This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.