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"Strong" 2012 for ALSO-Actebis

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ALSO-Actebis fiscal 2012 group net profits total €46.3 million (73.4% higher than 2011) from net sales reaching €6.3 billion, results the company describes as "strong."

Also ActebisWhen it comes to Q4 2012, net profit is up by 27.2% Y-o-Y to €21.5m, while profit before tax (EBT) totals €28.5m with 29% Y-o-Y growth.

ALSO-Actebis 2012 sales in C. Europe total €4772m (up from €4732m in 2011), with particularly strong demand in the mobility (smartphones and tablets) segment.

Meanwhile the N./E. European segment sales grow by 3.5% to €1669m despite economically difficult times, with EBT growing by 52.4% to €12.5m.

The past year saw implementation of "important steps" of the company's MORE strategy, including the profit improvement program (PIP) and process optimisation program (POP), with positive contributions as a result.

"Harvesting of synergy effects, best-practice sharing, benchmarking, improved working capital and reduced interest rates also contributed decisively to the company's success", ALSO-Actebis CEO Gustavo Möller-Hergt says.

For 2013 the company expects "moderate growth" with sales close to 2012 levels, with focus on future growth fields such as cloud, mobile, big data and networking.

Go ALSO-Actebis Closes Fiscal Year with Strong Results