Bechtle AG : A safe haven in stormy weather
>Capital Markets Day has strengthened confidence in FY 2022 - After already showing a strong first half of 2022 under challenging conditions, Bechtle announced on its Capital Markets Day (CMD) on 18 October that it did not see any signs of a recession in its business so far and indicated a strong Q3. We understand that the group's current sales guidance (+5-10%) is overly conservative given the strong YTD performance. As such, we now expect >10% y-o-y sales growth, ar...Bechtle is engaged in the business as an information technology (IT) dealer. Co. provides IT services combining with online marketing of IT products. Co. provides vendor-independent, IT portfolio to its customers from the fields of industry and trade, the public sector and the financial industry. Co. operates within two segments: IT system house & managed services segment, which provides its customers with IT strategy consulting services, hardware and software, project planning and implementation, system integration, IT services, training and IT operation; and the IT e-commerce segment, which comprisesCo.'s Internet, catalogue and telesales trading activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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