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Switzerland - ALSO reports higher revenues, net profit.

Europe Intelligence Wire

| May 29, 2007 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Telecompaper Europe)

Switzerland-based ICT logistics provider ALSO increased its net sales by 120 percent year-on-year to CHF 1.198 billion in the first quarter of this year. The part of the group comparable with last year, reported organic sales growth of 12 percent while the remainder was attributable to the takeover of the GNT Group on 1 September 2006. At CHF 3.2 million, consolidated net income was down on last years figure …

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