Bechtle AG : Q1 Preview – Solid start to the year expected
>High single digit business volume growth in Q1 is realistic - Bechtle is set to report its Q1 results on 8 May. We estimate that Bechtle has grown its business volume by +8.5% y-o-y to € 2,046.3m and its revenue by +6.9% y-o-y to € 1,644.7m. In mid-March, Bechtle already mentioned at its analyst presentation that January was up low double digits and February up high single digits in terms of business volume. We expect the IT E-Commerce segment (pure trading business...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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