Report
Sinan Doganli

Bechtle AG : Bechtle manages to successfully navigate through a difficult market environment in 2023

>Full year results slightly above expectations - On Friday 15 March 15, Bechtle released its 2023 annual report. During 2023, Bechtle grew its business volume by +7.0% y-o-y to € 7.8bn and its revenue by +6.5% y-o-y (+3.7% organic) to € 6.4bn (cc +6.0%, ODDO BHF +5.2%). At the same time EBT increased by +6.8% y-o-y to € 374.5m (cc +5.1% ODDO BHF +8.0%) and the EBT expanded to 6.0% (cc 5.8% ODDO BHF 6.1%). Operating cash flow increased to a record high of € 459.0m (p...
Underlying
Bechtle AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Sinan Doganli

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