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Friday, February 05, 2021

Bechtle Defies the Crisis

Unruffled by the coronavirus crisis, Bechtle AG grew strongly in the 2020 fiscal year, according to preliminary figures. Revenue rose largely organically by over 8 per cent to around €5.82 billion, from €5.37 billion in the prior year. Bechtle increased its pre-tax profit by around 14 per cent to approximately €270 million. The EBT margin is thus expected to be 4.6 per cent. As of 31 December 2020, Bechtle had a total workforce of 12,180 (prior year: 11,487).

With a revenue increase of around 11 per cent, the fourth quarter saw very strong development. In the IT E-Commerce segment revenue increased more than 7 per cent, and in the IT System House & Managed Services segment it grew even more than 13 per cent compared to the prior year. Growth dynamics thus increased noticeably compared to the previous quarters.

Bechtle AG will publish the complete and audited results for the 2020 fiscal year on Friday, 19 March 2021.

To view the original press release, please click here.

Search for Bechtle on CIMdata.com

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