Bechtle AG has made a very good start to 2020. As a result of the Covid-19 pandemic, the framework conditions have been very bad especially since March. Nevertheless, the IT company was able to boost its revenue in the first quarter of 2020 by 9.3 per cent to €1,355.7 million. Earnings before taxes (EBT) even underwent disproportionately high growth of 13.4 per cent to €51.1 million. The EBT margin thus improved to 3.8 per cent. Dr Thomas Olemotz, CEO of Bechtle AG, classifies the figures in a video statement and gives an outlook for 2020.
Bechtle AG is one of Europe’s leading IT providers, with 75 systems integrators in Germany, Austria and Switzerland as well as 24 e-commerce subsidiaries in 14 European countries. Founded in 1983, the company is headquartered in the southern German town of Neckarsulm and currently employs some 11,500 people. Bechtle provides more than 70,000 customers from the industrial, trade, financial and public sectors with a comprehensive, vendor-neutral portfolio that covers all aspects of IT infrastructure and operation. Bechtle is listed on the MDAX and TecDAX indexes. In 2019, the company generated revenues of over 5.37 billion euros.