The ALSO Group continues growing on fiscal 2015, with profits growing by 10.9% to €90.8 million. Sales for the year are also on the up, reaching €7.8 billion with 7.7% growth.
Overall profit totals €62.9m, a 3.3% increase.
"For the 5th time in a row, the ALSO team has achieved a record result," CEO Gustavo Möller-Hergt remarks.
In addition the distributor announces non-executive director Dr. Olaf Berlien will not stand for re-election come the next Annual General Meeting. As such, the board proposes Dr. Ernest-W. Droege as successor.