Bechtle continues its very dynamic growth
The revenue expansion was surprising in markets where Bechtle grew 17. 4%. Eastern Europe in particular, but also Spain and Portugal, as well as the United Kingdom and Ireland, recorded double-digit expansion rates. The IT vendor achieved a quarterly biological earnings expansion of 12. 7%. . The home segment of the IT system
Invest in employees
EBT margin in line with forecasts
In terms of results, on the one hand, the cost savings resulting from COVID-19, for example in travel expenses, were largely eliminated from the reference period, leading to a normalization and thus to an accumulation in the charge base in comparison. last year. Beyond that, inflation is also felt with emerging tariffs. On the other hand, Bechtle was able to achieve positive value effects, specifically in computer e-commerce. Overall, the Bechtle Group’s EBT margin of 6. 0% is at a very smart point and is in line with full-year forecasts.
Bechtle AG’s operating money continues to be characterized by challenging overall conditions. It was -28. 3 million in the third quarter. The source situation, which continues to improve, albeit slowly in some areas, is the main explanation for Bechtle’s superior and unchanged inventory points. Missing parts for projects prevent the order from running at the customer’s site. In addition, the money also reflects the incredibly positive evolution of the business. The revenue expansion of nearly 15% is accompanied by a peak of inventories and a peak of accounts receivable. However, Bechtle achieved additional relief in capital commitment in the third quarter, a progression that deserves to ensure significant innovations through the end of the year.
Optimistic outlook
Bechtle remains positive for the existing monetary year and confirms the forecast published in March of a significant accumulation of revenue and earnings with a solid EBT margin at the same time. “Under general conditions, the positive publicity functionality of the first nine months gives us a very clever opportunity to exceed our forecasts. However, given the major uncertainties related to overall economic development, we do not replace forecasts, but it is still realistic to achieve the targets. We conduct our year-end activities with confidence, with a highly motivated team, and we also expect very positive advertising functionality for 2023,” says Dr. Thomas Olemotz.
Key Bechtle figures Q3 and Nine Months 2022
1 Adjusted for the year (IFRS)
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The quarterly report for the third quarter of 2022 can be downloaded from bechtle. com/reports.
About Bechtle:
Founded in 1983, the Bechtle Group, headquartered in Neckarsulm, Germany, has lately employed more than 13,000 people. Bechtle supports its more than 70,000 consumers in the commercial and commercial, public sector and money market sectors in their virtual transformation and provides a portfolio of IT infrastructure providers and IT operations solutions. Bechtle is indexed in the MDAX and TecDax indices. In 2021, turnover 5. 31 billion. For more information, visit bechtle. com.
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