Bechtle AG
- WKN: 515870
- ISIN: DE0005158703
- Land: Germany
Nachricht vom 12.08.2020 | 07:28
Bechtle grows despite Corona crisis
DGAP-News: Bechtle AG
/ Key word(s): Half Year Results/Interim Report
Bechtle grows despite Corona crisis - Revenue up 3.9 per cent to €1.3 billion - EBIT grows 4.3 per cent - Margin remains at prior-year level - Positive outlook confirmed for the year as a whole Neckarsulm, 12 August 2020 - Despite very difficult conditions in the second quarter, Bechtle AG continued to grow. From April to June 2020, revenue increased 3.9 per cent to €1.3 billion. Meanwhile, the operating income (EBIT) improved by 4.3 per cent to €59.5 million. Pre-tax profit (EBT) amounts to €58.1 million, while the EBT margin remained at the prior-year level of 4.4 per cent. As of 30 June 2020, Bechtle had a total of 11,955 employees, 1,040 or 9.5 per cent more than the prior year. On a regional level, growth in Germany, Switzerland and Austria was particularly strong. Between April and June 2020, the Bechtle Group saw organic growth of 2.4 per cent. "The fact that we were able to continue growing during a quarter when the economy as a whole shrank by more than 10 per cent is a major success. This positive development not only highlights the major importance of IT in general, but also for the competitiveness of Bechtle's business model. In difficult times in particular, customers value our high level of competence, our broad portfolio, our financial solidity and our reliability," explains Dr Thomas Olemotz, Chairman of the Board at Bechtle AG. System House & Managed Services sees particularly strong growth High liquidity and low capital commitment
* Including time deposits and securities
12.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Bechtle AG |
Bechtle Platz 1 | |
74172 Neckarsulm | |
Germany | |
Phone: | +49 7132 981-0 |
Fax: | +49 7132 981-8000 |
E-mail: | ir@bechtle.com |
Internet: | bechtle.com |
ISIN: | DE0005158703 |
WKN: | 515870 |
Indices: | MDAX, TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1114911 |
End of News | DGAP News Service |
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