Growing appetite for data and AI boost H1 revenues for ALSO

Acquisitive distributor sees profit soar by 61 per cent as demand for computing capacity, increased data volumes and AI continues to rise

The integration of Westcoast’s UK, Ireland and French operations remains on track according to new owner ALSO, and it is planning further acquisitions.

As revealed in its H1 Report, revenues for the six months to 30 June were €7.09bn, compared to €5.9bn in the first half of 2025, and net profit rocketed to €69m in H1 2026, compared to €43m in the same period last year. During the first half the of this year, the firm also acquired the Italian distributor Datamatic to grow its presence in the Italian region.

According to the Swiss-based distributor’s executive summary, this growth was driven by a growing demand for computing capacity, increasing data volumes and the expanding use of AI.

Digging deeper, ALSO’s cloud business performed strongly with 31 per cent growth and a nine per cent increase in unique users, the firm revealed.

ALSO hinted at more M&A activity to come: “The integration of the new companies in the UK, Ireland, France and Italy remains on track,and is generating additional value. Further acquisitions are also under review,” said the statement.

Looking ahead, ALSO admitted that visibility for H2 was ‘limited’ due to geopolitical developments and uncertainty surrounding demand, pricing and investment trends.

Wolfgang Krainz, CEO of ALSO, (pictured) said: “Thanks to continuous innovation cycles, the IT industry offers attractive growth opportunities. Our investments in our ecosystem, our platforms and operational excellence have created the foundation for scaling growth profitably and thereby generating sustainable value for our partners and shareholders.”