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| ALSO announces good start to year The Swiss ALSO Group, a leading wholesale and logistics company for information and communications technology, increased quarterly net sales by 2% (4% in local currencies) to CHF 1'069 million compared with the same period last year and made a substantially higher net profit of CHF 6.6 million (2009: CHF 4.7 million). Compared with the end of 2009, total assets were down by 5% to CHF 772 million. The equity ratio rose to 25%. spliter As things stand today, ALSO is expecting – excluding unforeseeable circumstances – a considerably improved result in 2010 compared with 2009. ALSO assumes that the IT sector will improve slightly in the course of the year and, as things stand at present, expects net sales for 2010 to be at the same level as last year. It is still too early to make any reliable profit forecasts. Nevertheless, barring unforeseen circumstances, ALSO expects a considerably improved net profit compared with 2009. write your comments about the article :: © 2010 Construction News :: home page |