ALSO eyes more acquisitions after breaking €10bn revenues
Distributor to prioritise fully integrating acquisitions in eastern Europe over next few years
Pan-European distributor ALSO is eyeing up more acquisitions after closing out a year of double digit revenue and profits growth. For full-year 2019, EBITDA rocketed by 29 per cent to €197m on revenues that jumped by 16.5 per cent to €10.7bn. ALSO claims that more than half (52 per cent) of its revenue growth came organically. By business segment, its traditional "Supply" product business increased sales by 16.4 per cent. Its "Solutions" arm grew sales by 16 per cent while "Services" saw...
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