Bechtle records significant increase in earnings in first quarter of 2011.
Ad hoc announcement
Neckarsulm, 03.05.2011 — Preliminary figures suggest that Bechtle's revenue and earnings in the first quarter of FY 2011 have significantly outperformed market expectations. Between January and March, consolidated revenues climbed to around 450 million euros, some 27 per cent above the previous year (Q1 2010: 355 million euros). Earnings before taxes (EBT) increased by 76 per cent to some 18 million euros (Q1 2010: 10.2 million euros). The EBT margin is at 4.0 per cent, after 2.9 per cent from the previous year.
The interim report for the first three months of 2011, which includes the final figures, will be published on 11 May 2011.