Bechtle AG : Final Q2 results: Optimistic for the future despite current headwinds
>Final results in line with prelims - Final Q2 results are line with preliminary results. Group revenue declined by -2.3% y-o-y to € 1,475.0m, roughly -4% below consensus estimates but in line with our expectations. EBT came in at € 83.8m, a decline of -10.6% y-o-y and roughly -9% below consensus expectations. The development in the German and international market, as well as in the System House and E-Commerce segments is noteworthy. Revenue in Germany declined -4.8...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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