Bechtle AG : Political uncertainties and weak demand weigh on Bechtle’s business in the near future. Neutral vs Outperform
>Short-term environment is too unpredictable to merit investment recommendation - In Q4, Bechtle faces relatively easy comparisons for business volume but challenging comparisons for revenue. Our revised expectations for FY 2024e imply business volume growth of +3.0% in Q4, alongside a y-o-y revenue decline of -2.8%. We anticipate that the share of software in the overall product mix will be higher compared to Q4 2023, which should lead to improved gross profit margi...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.