Also Holding Ag · SIX:ALSN

Also — H1 2025 Earnings Presentation

11 slides from Also's earnings presentation, Jul 22, 2025

  1. Slide 1: H1 Results 2025 Media and Investor Conference

    H1 RESULTS 2025 MEDIA AND INVESTOR CONFERENCE H1 2025 22 July 2025

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation is not an offer or a solicitation to purchase or invest in any securities of ALSO Holding AG (the "Company"), nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision. This

  3. Slide 3: Profit Statement

    PROFIT STATEMENT m€ H1 2025 H1 2024 Delta Delta in% Net sales before PvA 6 865 5 100 +1 765 +35 Thereof Supply 4 188 2 801 +1 387 +50 Thereof Solutions 1 742 1 543 +199 +13 Thereof Service 935 756 +179 +24 Thereof Cloud 845 662 +183 +28 Gross profit 414 319 +95 +30 EBITDA 126 94 +32 +34 Depreciation

  4. Slide 4: Revenue Bridge

    REVENUE BRIDGE H1 2024 – H1 2025 (in M€) 6 865 Supply +1194 Solutions +111 Services +68 Supply +193 Solutions +88 5 100 Services +111 2024 ALSO Acquisition 2025 stand alone Overperformed the market H1 2025 22 July 2025 4

  5. Slide 5: Cloud Bridge

    CLOUD BRIDGE H1 2024 – H1 2025 Unique Users Monetization in Million in € / UU / p.a +0.7 5.5 272 +0.7 260 262 243 4.1 2024 ALSO Acquisition 2025 2024 ALSO Acquisition 2025 stand alone stand alone Cloud revenue at 845 M€ H1 2025 22 July 2025 5

  6. Slide 6: EBITDA Bridge

    EBITDA BRIDGE H1 2024 – H1 2025 (in M€ und %) +25 132 126 -6 +13 94 1.8% 1.9% 1.8% 2024 ALSO Acquisition 2025 One-time 2025 reported Stand alone adjusted costs reported Strategy confirmed H1 2025 22 July 2025 6

  7. Slide 7: Cash Bridge

    CASH BRIDGE H1 2024 – H1 2025 (in M€) 643 +54 +117 -21 -38 -180 -391 +22 +2 140 -68 Cash 2024 Investment Profit Depreciation/ Other Investments Acquisitions Dividend Other FX Cash 2025 in inventories Amortization op. CF financing ROCE at 12% H1 2025 22 July 2025 7

  8. Slide 8: Catalytic Integration

    CATALYTIC INTEGRATION Action Timeline HR Integration incl. promotions Terminology Harmonization Training Projects in overlap countries Processes Integration IT Integration H1 2025 22 July 2025 8

  9. Slide 9: Confirmed Short- and Mid-Term Guidance

    CONFIRMED SHORT- AND MID-TERM GUIDANCE EBITDA 425 - 525 in M€ Operational Excellence 285 - 325 ► Mix optimizations ► Cost reductions ► KI Growth Digital Platforms ► Expansion Cloud ► Gaming, KI ► Cybersecurity, IoT M&A ► Integrations ► Acquisitions 2025 Mid-term ROCE >17.0% >25.0% H1 2025 22 July 20

  10. Slide 10: Q&A

    Q&A

  11. Slide 11: Thank You

    THANK YOU \

ALSO Holding — H1 2025 Earnings Presentation on 6ix