Switzerland's ALSO Group posts top line drop in H1 2022 results

The distributor saw healthy growth across Northern/Eastern Europe as well as in its solutions and services arm

Kelsey Rees
clock • 2 min read
Switzerland's ALSO Group posts top line drop in H1 2022 results

Swiss distributor ALSO Group posted a dip in top line figures in its interim half-year 2021 results.  Revenues were down 0.5 per cent to €5.524bn from €5.554bn in H1 2021.  While EBIT climbed 12.3 per cent to €106.5m. "The development of the first half of 2022 has made the importance of ALSO's ecosystem and the MORE strategy even clearer," the group said in a statement.  "The diversification into different business models (3 S) allowed for sustainable profitable growth.  "Based...

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