ALSO revenues and profits jump in H1 results

Distribution heavyweight ALSO has recorded double-digit jumps in both revenues and profits for the first six months of the year. In the first half of 2020, revenues grew by 13.1 per cent to €5.4bn, while operating profits swelled by 24.7 per cent to €72.09m. Revenue growth was driven by its northern and eastern Europe region, which saw sales leap by 23 per cent to €2.54bn. Its central European operations meanwhile saw a more modest five per cent revenue growth to €3.05bn ALSO highlighted...