Based on preliminary figures, Bechtle AG has been able to reconcile its 2024 financial results with capital market expectations. Business volume increased by approximately 2% to nearly €8 bn, driven in part by strong growth in our software business. As this cannot be fully recognised under IFRS 15, reported revenue declined by approximately 2%. Earnings before taxes (EBT) stood at around €345 million, representing an 8% decrease compared to the previous year. Consequently, the EBT margin amounts to 5.5% (previous year: 5.8%). As of 31 December 2024, Bechtle employed 15,801 people, an increase of 4.2% or 642 compared to the previous year. This growth was largely driven by the six acquisitions completed in 2024, while organic workforce expansion remained moderate at 1.7%.
The fourth quarter saw a slight upturn in business, particularly due to a strong final month. Business volume grew by approximately 4% from October to December. Although revenue declined by around 5% and earnings were down by some 6%, the sharper earnings decline seen in earlier quarters was mitigated. The EBT margin stood at 5.6%, slightly below the previous year's 5.7%.
Bechtle AG will publish its final, audited results for the 2024 fiscal year on 14 March 2025.
