Bechtle AG : Potential for “significant” growth in 2022 but more limited visibility
>FY21 results in line with the pre-announcement and expectations - Bechtle AG’s final FY2021 results, reported on Friday morning, were in line with the pre-announcement last February. To recap, Q4 was less robust, with sales declining by 0.9% and EBT up by only +1%, due to the wait-and-see stance in the public sector (as a result of the German elections) and more significant shortages in the supply chain. We note that the company has now adopted new IFRS rules wh...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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