Despite the difficult general economic conditions in the financial year 2020, Bechtle AG set new records. Revenue grew 8.3 per cent to €5,819.2 million. Earnings before taxes (EBT) increased 14.6 per cent to €270.7 million. The EBT margin increased from 4.4 per cent in the previous year to 4.7 per cent. As of 31 December, 12,180 people were employed at Bechtle, which is 693 more than in the previous year. Dr. Thomas Olemotz, Chairman of the Executive Board of Bechtle AG, classifies the figures in the video statement.
The first months of 2021 have seen a continuation of Bechtle AG's upward trajectory. In the first quarter of 2021, the IT company was able to step up its revenue by 11.4 per cent to €1,510.2 million despite the ongoing difficult conditions. Earnings before taxes (EBT) underwent disproportionately high growth of 19.5 per cent to €61.0 million. The EBT margin thus improved to 4.0 per cent. As of 31 March 2021, Bechtle had 12,306 employees, a year-on-year increase of 538.
Bechtle AG is one of Europe’s leading IT providers, with about 80 IT system houses 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 12,000 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 2020, the company generated revenues of around 5.82 billion euros.