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ALSO (ALSN) investor relations material
ALSO H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales before PvA rose 39% year-over-year to €15,244M, with strong growth across all business segments.
EBITDA increased 22% to €286M, reflecting operational improvements and successful integration of acquisitions.
Cash position improved by €99M to €830M, supporting a higher proposed dividend.
Financial highlights
Supply segment sales up 53% to €9,723M; Solutions up 16% to €3,806M; Service up 30% to €1,715M; Cloud up 38% to €1,568M year-over-year.
Gross profit increased 30% to €899M; net profit slightly decreased by €5M to €110M due to higher depreciation and financial costs.
EBITDA margin improved, with profit improvements from vendor, reseller, and product mix optimizations.
Outlook and guidance
2026 EBITDA guidance set at €300–340M, with mid-term target of €425–525M.
ROCE expected to exceed 20% in 2026 and 25% mid-term, up from 16.1% in 2025.
Continued focus on efficiency, product category, and vendor mix optimizations.
- EBITDA and revenue jumped 34–35%, with 2025 guidance reaffirmed after key acquisitions.ALSN
H1 202522 Jul 2025 - Cloud revenue up 25% and cash at €643M, supporting strong H2 and 2024 targets.ALSN
H1 202413 Jun 2025 - 2024 EBITDA reached €234M with strong cloud growth and higher ROCE; 2025 outlook is positive.ALSN
H2 20245 Jun 2025
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