Slide 1: H1 Results 2026 Media and Investor Conference
H1 Results 2026 Media and Investor Conference
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
Slide 3: Profit statement
Profit statement m€ H1 2026 H1 2025 Delta Delta in% Net sales before PvA 8 301 6 865 +1 436 +21 Thereof Supply 4 937 4 188 +749 +18 Thereof Solutions 2 156 1 742 +414 +24 Thereof Service 1 208 935 +273 +29 Thereof Cloud 1 108 845 +263 +31 Gross profit 490 414 +76 +18 EBITDA 162 126 +36 +29 Depreciat
Slide 4: EBITDA
EBITDA Bridge H1/2025 to H1/2026 in Million € +6 162 +9 Accretive +15 M&A +4 +5 Volume +6 +11 increase +6 Margin +10 improvement 126 Operational Excellence +6 2.0% 1.8% H1 Business Product Vendor Customer Acquisition Acquisition H1 2025 model category Jan/Feb one-time cost 2026 Mix EBITDA in % of ne
Slide 5: Cloud
Cloud Revenue bridge H1/2025 to H1/2026 Unique user (in Million) & in Million € Monetization (in € / UU / p.a) Bridge H1/2025 to H1/2026 +30 1 108 +40 +189 +0.5 6.0 Growth +0.7 5.5 +64 845 +119 +0.7 294 662 4.1 262 243 H1 H1 H1 UU UU H1 UU H1 H1 Growth Acquisition Growth Acquisition Price/term 2025
Slide 6: Cash
Cash Bridge H1/2025 to H1/2026 in Million € +214 +185 241 -2 -147 ROCE at 13.0% 140 -25 -74 -50 H1 Operating Investment CAPEX Dividend Share buy Financing FX H1 2025 Cashflow in NWC back Cashflow 2026 Financial flexibility for further growth H1 2026 21.07.2026 6
Slide 7: Guidance confirmed
Guidance confirmed EBITDA 425-525 in Million € +14 Other Digital Platforms +36 Cloud +26 Grow Smart 300 - 340 +30 Supply & Solutions 2026 Mid-term (2027-2029) ROCE >20% >25% Disciplined strategy execution leads to growth opportunities H1 2026 21.07.2026 7
Slide 8: Q&A
Q&A
Slide 9: Thank you
Thank you 9