Report
Nicolas David

Bechtle AG : Final Q1 2022 results in line and full-year guidance reiterated

>Q1 2022 results in line with preliminary numbers - Bechtle reported yesterday morning final Q1 2022 results in line with preliminary numbers. In Q1, sales grew by 7% y/y to € 1.38bn vs € 1.29bn in Q1 2021. This growth was mainly driven by the IT E-commerce segment, which grew by 14.6% y/y to € 618m. The group also observed vigorous growth internationally, with revenues up 13.5% y/y to € 534m.Group EBT rose by 21.4% to € 74m (slightly above the preliminary figur...
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
Nicolas David

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