DGAP-News: Bechtle AG
/ Key word(s): Half Year Results/Interim Report
Bechtle: Business Performance Remains High - Revenue in Q2 up 9.3 per cent to €1.43 billion - EBT grows almost 40 per cent - Cash flow significantly above prior year - Forecast increased Neckarsulm, 12 August 2021 - Bechtle AG completed the second quarter of the 2021 fiscal year with very strong figures. Despite the global supply bottlenecks in the IT market and the ongoing restrictions due to the COVID-19 pandemic, the IT company was able to step up the revenue in the second quarter of 2021 by 9.3 per cent to €1,432.8 million. Earnings before taxes (EBT) underwent disproportionately high growth of 39.8 per cent to €81.2 million. The EBT margin thus improved to an outstanding 5.7 per cent. As of 30 June 2021, Bechtle had 12,421 employees, a year-on-year increase of 466. EBT also included a positive one-time effect in the amount of €9.5 million. In previous quarters, Bechtle AG had recognised risk provisions, some of which the company was able to reverse in the second quarter. However, even without this effect, EBT would have grown by an excellent 23.5 per cent, with a margin of 5.0 per cent. "Despite the difficult framework conditions, we have continued to propel the business. Customer demand for powerful IT solutions and services remains high throughout all business segments," says Dr. Thomas Olemotz, Chairman of the Executive Board of Bechtle AG. Free Cash Flow Undergoes Positive Development Bechtle KPIs for the Second Quarter and First Half of 2021
1 Prior year adjusted
* Including time deposits and securities The half-year report 2021 is available for download at bechtle.com/reports. About Bechtle: Contact
12.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Bechtle AG |
Bechtle Platz 1 | |
74172 Neckarsulm | |
Germany | |
Phone: | +49 7132 981-0 |
Fax: | +49 7132 981-8000 |
E-mail: | ir@bechtle.com |
Internet: | bechtle.com |
ISIN: | DE0005158703 |
WKN: | 515870 |
Indices: | MDAX, TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1225633 |
End of News | DGAP News Service |
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1225633 12.08.2021
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