Investor Relations

First-hand information for our shareholders and the capital market.

Evaluation

Development of ALSO share vs SPI

Earnings and Financials

Consolidated income statement (in Mio.EUR)

	2019	2018	2017	2016	2015
Netsales Theof Supply Thereof Service Thereof Solutions	10 692.7 8 383.6 426.5 1 882.6	9 175.7 7 199.6 352.6 1 623.5	8 890,7 6 963.8 324.5 1 602.4	7 984,1 6 231.6 239.6 1 512.9	7 792.1 6 018.1 211.7 1 562.3
Gross Margin	601.2	542.7	544.3	506.0	507.5
EBITDA	196.7	152.7	157.3	146.0	140.0
EBIT	157.9	136.7	141.0	128.5	109.9
Profit before taxes (EBT)	134.8	117.3	124.2	113.9	90.8
Net profit Group	100.3	81.2	92.5	83.2	62.9

Consolidated Statement of Financial Position (in Mio.EUR)

	12.31.2019	12.31.2018	12.31.2017	12.31.2016	12.31.2015
Cash and cash equivalents	349.5	240.4	235.6	55.5	40.0
Other current assets	2 058.7	1 875.0	1 662.7	1 579.7	1 464.8
Non-current assets	415.4	266.9	260.2	259.9	255.0
TOTAL ASSETS	2 823.6	2 382.3	2 158.5	1 895.1	1 759.8
Current liabilities	1 643.0	1 395.3	1 179.3	1 100.4	1 031.2
Non-current liabilities	448.3	311.3	355.9	229.5	235.8
Equity	732.3	675.7	623.3	565.2	492.8
TOTAL LIABILITIES	2 823.6	2 382.3	2 158.5	1 895.1	1 759.8
Equity ratio	25.9%	28.4%	28.9%	29.8%	28.0%

Consolidated Statement of Cash Flows (in Mio.EUR)

	2019	2018	2017	2016	2015
Free cash flow	239.5	57.9	67.3	70.5	21.3
Cash flow before changes working capital	139.2	104.1	97.7	100.1	96.1
Investments in property, plant and equipment	7.6	10.2	11.0	6.8	9.8

Key Figures

	2019	2018	2017	2016	2015
Gross margin in % of net sales	5.6%	5.9%	6.1%	6.3%	6.5%
Net profit Group in % of net sales	0.9%	0.9%	1.0%	1.0%	0.8%
Return on Capital Employed (ROCE)	15.5%	11.8%	13.5%	13.0%	11.2%
Net financial debt/EBITDA	0.75	1.07	1.10	1.14	1.54
Average headcount during the year ¹⁾	3 952	3 708	3 790	3 524	3 649
EBITDA per employee in EUR 1 000	49.8	41.2	41.5	41.4	38.4

^{1) Basis: full-time equivalent positions excluding temporary employees}

	2019	2018	2017	2016	2015
Number of registered shares, nominal value CHF 1.00 per share	12 848 962	12 848 962	12 848 962	12 848 962	12 848 962
Dividend per registered share (CHF)	3.25 ²⁾	3.00	2.75	2.25	1.90
Earnings per share EPS (CHF)	8.68	7.31	8.03	7.09	5.26
Equity per registered share (CHF)	61.86	59.26	56.77	47.24	41.56
Market capitalization at December 31 (Mio. CHF)	2 099.5	1 431.4	1721.8	1155.1	884.0
Price-earnings ratio (P/E ratio)	18.8	15.2	16.7	12.7	13.1

Shareholders

51 % Special Distribution Holding GmbH Controlling shareholder: Walter P.J. Droege through Droege Group AG

49 % Freefloat

51 % Special Distribution Holding GmbH Controlling shareholder: Walter P.J. Droege through Droege Group AG

Droege Group AG

Anchor Shareholder since the beginning of ALSO

Special Distribution Holding GmbH, with headquarters in Düsseldorf (Germany), is a subsidiary of Droege Group AG. Droege Group is an independent investment and advisory company and a specialist for tailor-made transformation programs aiming to enhance corporate value. Droege Group acts as an equity investor in medium-sized companies and spin-offs in "special situations". The company combines its family business structure and capital strength into a family-equity business model. As an industry holding Droege Group develops a diversified portfolio along megatrends of society.

Investor Presentations

Here you can find the latest presentations the management gave on roadshows to international investors. Should you have any questions regarding the presentations, don't hesitate to contact Alexandre Müller under investor-relations@also.com