DGAP-News

Bechtle AG Reports Excellent Second Quarter - Seite 2

Year on year, EBIT increased 41.9 per cent to EUR10.4 million. The margin
progressed from 4.1 per cent to 4.8 per cent.

Sound Balance Sheet
Bechtle AG continues to report outstanding balance sheet KPIs. As of 30
June, cash and cash equivalents including time deposits and securities
amounted to a comfortable EUR113.5 million. Thus, Bechtle can pre-finance
large projects and grow by means of acquisitions without any difficulties.
The equity ratio improved from 55.1 per cent to 57.6 per cent. The
extrapolated return on equity reached an excellent value of 13.1 per cent.

Great Demand for Bechtle Training Posts
As of the reporting date 30 June 2014, the Bechtle Group had a total of
6,393 employees (including 412 trainees), a year-on-year increase of 340.
The increase of 5.6 per cent is the result of acquisitions as well as new
recruitment. Training remains a major area of Bechtle's HR work. The high
interest in training positions at Bechtle is a good indicator of this
success.

Annual Forecast Confirmed
Bechtle is still confident that its revenue and earnings position will
outperform the prior year in the further course of the year as well.
However, in view of the excellent prior year, the Executive Board believes
that the growth dynamics will slacken to a certain extent in the second
half of the year. "In the first half of 2014, we laid an impressive
foundation for attaining new record figures in the year as a whole, thereby
significantly exceeding the revenue and earnings of the prior year.
Currently, all signs indicate that we will be able to reach this goal,"
says Dr. Thomas Olemotz.


Bechtle KPIs for the Second Quarter and First Half of 2014

                         Q2/2014 Q2/2013    +/-   H1/2014   H1/2013     +/-

Revenue            EURk  603,676 518,517 +16.4% 1,190,372 1,032,467  +15.3%

  Domestic         EURk  403,466 351,969 +14.6%   798,764   698,487  +14.4%

  Abroad           EURk  200,210 166,548 +20.2%   391,608   333,980  +17.3%

  IT system house  EURk  388,826 343,290 +13.3%   775,266   684,698  +13.2%

  IT e-commerce    EURk  214,850 175,227 +22.6%   415,106   347,769  +19.4%

EBIT               EURk   23,342  14,973 +55.9%    44,503    29,466  +51.0%

  IT system house  EURk   12,972   7,663 +69.3%    26,640    15,058  +76.9%

  IT e-commerce    EURk   10,370   7,310 +41.9%    17,863    14,408  +24.0%

EBIT margin           %      3.9     2.9              3.7       2.9 

EBT                EURk   23,103  14,592 +58.3%    43,935    28,678  +53.2%

EBT margin            %      3.8     2.8              3.7       2.8