Reported Earnings • Jul 21
First half 2026 earnings released First half 2026 results: Revenue: €8.30b (up 40% from 1H 2025). Net income: €69.0m (up 61% from 1H 2025). Profit margin: 0.8% (up from 0.7% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Electronic industry in the United Kingdom. Buy Or Sell Opportunity • Apr 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to CHF156. The fair value is estimated to be CHF195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Upcoming Dividend • Mar 13
Upcoming dividend of CHF5.30 per share Eligible shareholders must have bought the stock before 20 March 2026. Payment date: 24 March 2026. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (0.9%). Ankündigung • Mar 05
ALSO Holding AG (SWX:ALSN) announces an Equity Buyback for €120 million worth of its shares. ALSO Holding AG (SWX:ALSN) announces a share repurchase program. Under the program, the company will repurchase up to 9.74% of its issued share capital, for €120 million. The repurchased shares will be used for treasury purposes including the financing of potential acquisitions, increasing liquidity, and long-term incentives for the management of the company. Ankündigung • Feb 27
ALSO Holding AG, Annual General Meeting, Mar 18, 2026 ALSO Holding AG, Annual General Meeting, Mar 18, 2026, at 14:30 W. Europe Standard Time. Buy Or Sell Opportunity • Feb 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to CHF161. The fair value is estimated to be CHF203, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Declared Dividend • Feb 23
Dividend of CHF5.30 announced Shareholders will receive a dividend of CHF5.30. Ex-date: 20th March 2026 Payment date: 24th March 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 22
Full year 2025 earnings released Full year 2025 results: Revenue: €13.5b (up 42% from FY 2024). Net income: €109.3m (down 5.0% from FY 2024). Profit margin: 0.8% (down from 1.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom. Ankündigung • Feb 18
ALSO Holding AG announces Annual dividend, payable on March 24, 2026 ALSO Holding AG announced Annual dividend of CHF 5.3000 per share payable on March 24, 2026, ex-date on March 20, 2026 and record date on March 23, 2026. New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 2.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (2.8% average weekly change). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to CHF142, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 16% over the past three years. New Risk • Oct 02
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 24
First half 2025 earnings released: EPS: €3.38 (vs €3.40 in 1H 2024) First half 2025 results: EPS: €3.38. Revenue: €5.93b (up 39% from 1H 2024). Net income: €43.0m (up 3.1% from 1H 2024). Profit margin: 0.7% (down from 1.0% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Director Thomas Furer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 22
ALSO Holding AG Approves Dividend, Distribution to Shareholders Starting March 25, 2025 ALSO Holding AG at the Annual General Meeting on 19 March 2025 approved an increase in the dividend by CHF 0.30 to CHF 5.10. The dividend will be distributed to shareholders starting March 25, 2025. Upcoming Dividend • Mar 14
Upcoming dividend of CHF5.10 per share Eligible shareholders must have bought the stock before 21 March 2025. Payment date: 25 March 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (1.7%). Ankündigung • Feb 27
ALSO Holding AG, Annual General Meeting, Mar 19, 2025 ALSO Holding AG, Annual General Meeting, Mar 19, 2025, at 14:30 W. Europe Standard Time. Reported Earnings • Feb 21
Full year 2024 earnings released: EPS: €9.39 (vs €10.07 in FY 2023) Full year 2024 results: EPS: €9.39 (down from €10.07 in FY 2023). Revenue: €9.51b (down 4.6% from FY 2023). Net income: €115.1m (down 7.0% from FY 2023). Profit margin: 1.2% (in line with FY 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Ankündigung • Feb 19
ALSO Holding AG to Report First Half, 2025 Results on Jul 22, 2025 ALSO Holding AG announced that they will report first half, 2025 results on Jul 22, 2025 Ankündigung • Feb 18
ALSO Holding AG Proposes Thirteen Consecutive Dividend Increase ALSO Holding AG announced that due to the solid liquidity position and the excellent prospects, the Board of Directors is proposing another increased dividend of CHF 5.10 to shareholders. ALSO proposed 13th consecutive dividend increase. Ankündigung • Nov 17
ALSO Holding AG to Report Fiscal Year 2024 Results on Feb 18, 2025 ALSO Holding AG announced that they will report fiscal year 2024 results on Feb 18, 2025 Reported Earnings • Jul 28
First half 2024 earnings released: EPS: €3.40 (vs €4.24 in 1H 2023) First half 2024 results: EPS: €3.40 (down from €4.24 in 1H 2023). Revenue: €4.28b (down 11% from 1H 2023). Net income: €41.7m (down 21% from 1H 2023). Profit margin: 1.0% (in line with 1H 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 18
Upcoming dividend of CHF4.80 per share Eligible shareholders must have bought the stock before 25 March 2024. Payment date: 27 March 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (1.6%). Ankündigung • Mar 15
ALSO Holding AG Appoints Future Group Management ALSO Holding AG announced future group management board. The plan for the optimum alignment of the company to the tasks of the future is entering its next phase. In order to improve sales and profitability even more and at the same time further increase the necessary speed and flexibility, the Group Management Board will in future consist of a team of eight people. Ingo Adolphs, Tom Brunner, Jorge Gállego, Wolfgang Krainz and Espen Zachariassen will join Jan Bogdanovich, Andreas Kuhn, and Thomas Meyerhans. The future CEO will be appointed from among these experienced managers, all of whom have been with the company for years. Ankündigung • Feb 20
ALSO Holding AG to Report First Half, 2024 Results on Jul 24, 2024 ALSO Holding AG announced that they will report first half, 2024 results on Jul 24, 2024 Ankündigung • Dec 23
ALSO Holding AG, Annual General Meeting, Mar 21, 2024 ALSO Holding AG, Annual General Meeting, Mar 21, 2024. Ankündigung • Dec 14
ALSO Announces Resignation of Beate Flamm as SVP Sustainable Change ALSO announced the resignation of Beate Flamm, SVP Sustainable Change, after the next Annual General Meeting. Under her leadership, the coordination of Investor Relations was established within the company and the commitment to environmental, social and governance topics, as an increasingly important part of capital market communication, was further expanded. In future, both IR and ESG will be part of the Finance division. Marketing, for which Flamm was also responsible, continues to be managed as an independent Centre of Competence and will be staffed internally. Ankündigung • Dec 12
ALSO Holding AG (SWX:ALSN) acquired Commaxx As. ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As on June 29, 2023. The transaction is subject to the standard regulatory approvals. Jostein Sæberg Gultvedt of Danske Bank A/S, Norway Branch acted as financial advisor of Commaxx As.
ALSO Holding AG (SWX:ALSN) completed the acquisition of Commaxx As on December 11, 2023. The acquisition is completed after receiving regulatory approvals in Denmark, Sweden and Norway. Ankündigung • Dec 07
ALSO Holding AG to Report Fiscal Year 2023 Results on Feb 20, 2024 ALSO Holding AG announced that they will report fiscal year 2023 results on Feb 20, 2024 Ankündigung • Nov 17
ALSO Holding AG (SWX:ALSN) agreed to acquire Target Holding GmbH. ALSO Holding AG (SWX:ALSN) agreed to acquire Target Holding GmbH on November 15, 2023. The acquisition is subject to the standard regulatory approvals. Reported Earnings • Jul 28
First half 2023 earnings released: EPS: €4.24 (vs €4.91 in 1H 2022) First half 2023 results: EPS: €4.24 (down from €4.91 in 1H 2022). Revenue: €4.83b (down 13% from 1H 2022). Net income: €52.5m (down 17% from 1H 2022). Profit margin: 1.1% (in line with 1H 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Ankündigung • Jun 30
ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As. ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As on June 29, 2023. The transaction is subject to the standard regulatory approvals. Buying Opportunity • Apr 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.3%. The fair value is estimated to be CHF227, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period. Upcoming Dividend • Mar 14
Upcoming dividend of CHF4.60 per share at 2.5% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 23 March 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: €11.91 (vs €12.01 in FY 2021) Full year 2022 results: EPS: €11.91 (down from €12.01 in FY 2021). Revenue: €11.6b (flat on FY 2021). Net income: €152.1m (down 1.3% from FY 2021). Profit margin: 1.3% (in line with FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice Chairman & Lead Director Walter P. Droege was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice Chairman & Lead Director Walter P. Droege was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Mar 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €308, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years. Upcoming Dividend • Mar 15
Upcoming dividend of CHF4.30 per share Eligible shareholders must have bought the stock before 22 March 2022. Payment date: 24 March 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.4%). Buying Opportunity • Feb 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €303, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: €12.01 (up from €10.14 in FY 2020). Revenue: €12.4b (up 4.2% from FY 2020). Net income: €154.0m (up 18% from FY 2020). Profit margin: 1.2% (up from 1.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 8.1%, compared to a 6.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year. Buying Opportunity • Feb 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €315, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% per annum over the last 3 years. Earnings per share has grown by 22% per annum over the last 3 years. Reported Earnings • Jul 23
First half 2021 earnings released: EPS €5.06 (vs €3.50 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €5.92b (up 9.7% from 1H 2020). Net income: €64.9m (up 45% from 1H 2020). Profit margin: 1.1% (up from 0.8% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 13
Upcoming Dividend of CHF3.75 Per Share Will be paid on the 23rd of March to those who are registered shareholders by the 19th of March. The trailing yield of 1.4% is below the top quartile of British dividend payers (4.5%), but it is higher than industry peers (1.0%). Is New 90 Day High Low • Mar 02
New 90-day high: CHF262 The company is up 11% from its price of CHF236 on 02 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF303 per share. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS €10.14 (vs €7.80 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €11.9b (up 11% from FY 2019). Net income: €130.1m (up 30% from FY 2019). Profit margin: 1.1% (up from 0.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue beats expectations Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 3.5%, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom. Is New 90 Day High Low • Dec 30
New 90-day high: CHF252 The company is up 2.0% from its price of CHF246 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF84.77 per share. Ankündigung • Dec 23
ALSO Holding AG (SWX:ALSN) acquired DAQUAS Spol. S R.O. ALSO Holding AG (SWX:ALSN) acquired DAQUAS Spol. S R.O. on December 21, 2020. DAQUAS Spol. S R.O. reported revenue of about €16 million for the year ended December 31, 2019.
ALSO Holding AG (SWX:ALSN) completed the acquisition of DAQUAS Spol. S R.O. on December 21, 2020. Valuation Update With 7 Day Price Move • Dec 10
Market pulls back on stock over the past week After last week's 46% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.9x, down from the previous P/E ratio of 46.3x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 1.8%. Is New 90 Day High Low • Dec 07
New 90-day low: CHF127 The company is down 46% from its price of CHF236 on 08 September 2020. The British market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF40.69 per share. Valuation Update With 7 Day Price Move • Dec 07
Market pulls back on stock over the past week After last week's 46% share price decline to €127, the stock is trading at a trailing P/E ratio of 25.1x, down from the previous P/E ratio of 46.6x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.3%. Ankündigung • Dec 03
ALSO Holding AG Boosts Growth in Eastern Europe with HP Inc ALSO Holding AG boosts growth in Eastern Europe with HP Inc. Due to the company's successful development in Eastern Europe, ALSO has now been able to expand its cooperation with HP Inc. In the future, additional countries in the region, including Hungary, Romania, the Czech Republic and Slovakia, will be supplied with HP Inc. products by the Technology Provider. Valuation Update With 7 Day Price Move • Nov 30
Market pulls back on stock over the past week After last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 25.3x, down from the previous P/E ratio of 45x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 3.2%. Valuation Update With 7 Day Price Move • Nov 26
Market pulls back on stock over the past week After last week's 45% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.6x, down from the previous P/E ratio of 44.4x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 3.2%. Valuation Update With 7 Day Price Move • Nov 23
Market pulls back on stock over the past week After last week's 48% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.2x, down from the previous P/E ratio of 46.4x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years were flat. Valuation Update With 7 Day Price Move • Nov 20
Market pulls back on stock over the past week After last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.2x, down from the previous P/E ratio of 43.3x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years were flat. Valuation Update With 7 Day Price Move • Nov 06
Market pulls back on stock over the past week After last week's 40% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.5x, down from the previous P/E ratio of 40.9x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 4.4%. Valuation Update With 7 Day Price Move • Nov 05
Market pulls back on stock over the past week After last week's 40% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.1x, down from the previous P/E ratio of 40.4x. This compares to an average P/E of 29x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.2%. Is New 90 Day High Low • Nov 05
New 90-day low: CHF127 The company is down 47% from its price of CHF241 on 06 August 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF50.99 per share. Valuation Update With 7 Day Price Move • Oct 30
Market pulls back on stock over the past week After last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 23.2x, down from the previous P/E ratio of 41.3x. This compares to an average P/E of 28x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.0%. Is New 90 Day High Low • Oct 15
New 90-day low: CHF235 The company is down 6.0% from its price of CHF251 on 17 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF90.81 per share. Ankündigung • Sep 23
ALSO Holding AG Launches Marketplace Platform for Artificial Intelligence ALSO Holding AG, launched a new Artificial Intelligence Marketplace Platform as the latest component of its ecosystem. It will bring together technologies, products and services from leading AI vendors with ALSO's network of experts, including solution architects, data scientists, and AI developers. Offers range from building blocks to fully managed services. Experts agree: AI offers impressive opportunities for society and businesses alike. Some European governments partnered with AI start-ups to monitor the outcomes of social distancing rules. Hospitals across Europe are using AI to speed up COVID-19 diagnosis and testing, provide automated remote consultations, and optimize capacity at hospitals. AI use cases include sales process recommendation and automation, digital assistance for knowledge worker, and cybersecurity threat intelligence. Some of the fastest growing use cases are automated human resources, IT automation and pharmaceutical research and discovery. The combination with applications like Robotic Process Automation can be a game changer for manufacturing or administration, when it comes to repetitive, time-consuming or error-prone tasks. Experts predict the total addressable market for AI to more than double in the next four years, growing from 156.5 billion USD to more than 300 billion USD in 2024. Ankündigung • Sep 22
ALSO Holding AG Announces Appointment of Peter Ivanov as Head of Artificial Intelligence ALSO Holding AG announced the appointment of Peter Ivanov as Head of Artificial Intelligence. Bulgarian Ivanov joined ALSO in 2019. He has strong track record of nearly 30 years in the IT industry and is passionate about building new solutions with the latest technologies for the channel. Ankündigung • Sep 18
ALSO Group Appoints Jan Bogdanovich as a Member of the Group Management ALSO Holding AG announced that computer scientist Jan Bogdanovich, currently Senior Vice President Consumptional Business, has been appointed as a member of the Group Management by the ALSO Group. While studying Computer Science at the University of Latvia in Riga, he already held a job at a company which was the first IT as-a-Service provider in the Baltics and acquired several industry vendor certifications. He then founded a Research and Development Center for Cloud Platforms to enable digital marketplaces for the channel. After joining ALSO in 2014, he played an integral role in the deployment of the ALSO Cloud Marketplace and developed the Platform as-a-Service concept for ALSO. Ankündigung • Aug 20
ALSO Holding AG (SWX:ALSN) agreed to acquire Dicom Computer-Vertriebsgesellschaft M.B.H.. ALSO Holding AG (SWX:ALSN) agreed to acquire Dicom Computer-Vertriebsgesellschaft M.B.H. on August 19, 2020. In 2019, Dicom reported a total revenues of €30 million. The deal is subject to the standard regulatory approvals. 
