ALSO Holding AG H1 2009 Interim Report

ALSO Group's interim report for H1 2009 showing CHF 8.6 million net profit despite 14% sales decline due to economic downturn. The IT distributor maintained profitability through margin improvements and cost reductions across Swiss, German, and Northern/Eastern European markets. Company issued full-year 2009 guidance of CHF 4 billion in sales and CHF 15 million net profit.