DGAP-News

Bechtle reports excellent start into the year

DGAP-News: Bechtle AG / Key word(s): Quarterly / Interim Statement/Quarter Results Bechtle reports excellent start into the year 10.05.2017 / 07:29 The issuer is solely responsible for the content of this announcement. Bechtle reports excellent start into the year

- Q1 revenue up almost 14 per cent

- EBT 16.9 per cent above prior year

- Bechtle seamlessly follows up on record year

Neckarsulm, 10 May 2017 - Bechtle AG has made a highly impressive start into the fiscal year 2017. Despite the high reference values from the prior-year quarter, the revenue climbed 13.9 per cent to EUR803.1 million. The domestic and overseas business accounted for equal portions of the revenue growth, which was evenly distributed over the two segments IT system house & managed services and IT e-commerce. In the first quarter, earnings before taxes (EBT) increased 16.9 per cent to EUR31.5 million. The EBT margin thus amounted to 3.9 per cent, an excellent figure for the first quarter. As of 31 March, Bechtle had 7,708 employees, a year-on-year increase of 6.0 per cent.


"With its impressive first quarter, Bechtle seamlessly followed up on the excellent performance of the last years. We are especially pleased to see that all business segments have contributed to the strong figures," explains Dr. Thomas Olemotz, Chairman of the Executive Board of Bechtle AG.

Growth supported by broad solutions portfolio

The revenue in the IT system house & managed services segment climbed 14.8 per cent to EUR563.3 million. The system houses in Switzerland and Austria achieved remarkable growth of 23.4 per cent. The revenue of the German system houses increased 13.5 per cent. The demand for future-oriented IT architectures at the customer site or as a service was high in all areas. Application solutions and the cloud business also continued to grow. As a consequence, EBT underwent a disproportionately high growth of 23.2 per cent to EUR22.8 million. The EBIT margin went up from 3.8 per cent to 4.0 per cent.