DGAP-News: Bechtle AG / Key word(s): Final Results/Forecast Optimistic Outlook for 2014 18.03.2014 / 10:15 --------------------------------------------------------------------- Bechtle AG: Optimistic Outlook for 2014 - Revenues up 8.4 per cent to EUR 2,273 million in 2013 - EBIT reaches EUR 91 million, 13.4 per cent above prior year - Equity ratio improves to 55.1 per cent - Dividend increases 10 per cent to EUR 1.10 per share Neckarsulm, 18 March 2014 - In the fiscal year 2013, Bechtle AG generated revenues of EUR 2,273.5 million, 8.4 per cent more than in the prior year (EUR 2,096.8 million). Earnings before interest and taxes improved 13.4 per cent, reaching a record figure of EUR 91.0 million. EBT amounted to EUR 89.3 million, 13.0 per cent above the prior year. The EBT margin climbed from 3.8 per cent to 3.9 per cent. Earnings per share amounted to EUR 3.02, compared to EUR 2.68 in the prior year, an increase of 12.5 per cent. The dividend is to be increased to EUR 1.10 (prior year: EUR 1.00). For the fiscal year 2014, the Executive Board expects further revenue and earnings growth. "For Bechtle, the fiscal year 2013 was extremely successful. We generated record figures, reaching the goals we had set: In terms of the revenue and earnings, we outperformed the market and greatly surpassed our prior-year figures. At the same time, we invested in the training of our employees, thereby laying the foundation for further profitable growth," explains Dr. Thomas Olemotz, Chairman of the Executive Board of Bechtle AG. System House Segment Reports Two-Digit Growth In the IT system house & managed services segment, the group generated revenues of EUR 1,535.3 million in 2013 (prior year: EUR 1,394.5 million). This represents an increase of 10.1 per cent. The segment benefited from the high domestic demand, the good competitive position, the headcount increase and the extensive qualification measures. With a revenue growth of 11.0 per cent, the domestic system house companies significantly expanded their market share. In the system house segment, EBIT went up 26.8 per cent to EUR 56.2 million (prior year: EUR 44.3 million). Accordingly, the EBIT margin improved from 3.2 per cent to 3.7 per cent. Trading Business Strong Abroad In 2013, the revenue in the IT e-commerce segment increased 5.1 per cent to EUR 738.2 million (prior year: EUR 702.4 million). The revenue increase was mainly possible due to the good performance on the overseas markets. Here, the revenue amounted to EUR 522.0 million, a year-on-year increase of 6.9 per cent (prior year: EUR 488.5 million). In the reporting period, operating income amounted to EUR 34.9 million, 3.0 per cent below the prior-year figure of EUR 35.9 million. The EBIT margin was 4.7 per cent, compared to 5.1 per cent in the prior year, a level that is exceptionally good for the industry. The slight decline was caused by the high price and cost pressure as well as the product mix, which adversely affected the margin in the year under review. Comfortable Liquidity The balance sheet of the Bechtle Group reveals a sound assets position and financial structure. Cash and cash equivalents including time deposits and securities increased 6.8 per cent from EUR 146.2 million to EUR 156.1 million. Bechtle's net debt was minus EUR 91.9 million. Thus, Bechtle is effectively debt-free. In the reporting period, the equity increased 9.1 per cent from EUR 459.6 million to EUR 501.6 million. The equity ratio went up from 54.5 per cent to 55.1 per cent. The return on equity improved from 13.7 per cent in the prior year to 14.2 per cent in the year under review. The cash flow from operating activities and the free cash flow also picked up significantly in the reporting period. Moderate Headcount Increase As of 31 December 2013, the Bechtle Group had a total of 6,219 employees. Compared to the prior year (5,970 employees), the headcount went up by 249 (plus 4.2 per cent). The increase was the result of acquisitions as well as new recruitment, and the percentages were evenly distributed over the segments and regions. As of the end of the year, Bechtle had 4,743 employees in Germany. All in all, this means 193 people more than in the prior year (4,550 employees). The number of employees in other countries increased from 1,420 to 1,476. Bechtle continues to invest intensively in training. As of the end of the year, the group had a total of 473 young trainees. This represents a 10.5-per-cent increase over 2012. The training ratio in Germany amounted to an excellent 9.2 per cent. Optimistic Outlook for 2014 In view of the sound economic situation and the group's strength, the Executive Board currently expects the business performance of Bechtle AG in this year to be positive and again above industry average. The revenue and earnings of Bechtle AG in the first weeks of 2014 confirm the optimistic outlook. "This year, Bechtle will again do everything necessary to continue on its road to success. Our goal for 2014 is to achieve further revenue and earnings growth and to gain market shares. As in the past, we want to make progress both organically and through acquisitions," says Dr. Thomas Olemotz.

                                                2013       2012       +/-
Revenue                              EURk  2,273,485  2,096,835     +8.4%
Domestic                             EURk  1,570,816  1,433,869     +9.6%
Abroad                               EURk    702,669    662,966     +6.0%
IT system house & managed services   EURk  1,535,316  1,394,455    +10.1%
IT e-commerce                        EURk    738,169    702,380     +5.1%
EBIT                                 EURk     91,048     80,265 1) +13.4%
IT system house & managed services   EURk     56,185     44,320 1) +26.8%
IT e-commerce                        EURk     34,863     35,945 1)  -3.0%
EBT                                  EURk     89,308     79,001 1) +13.0%
EBT margin                              %        3.9        3.8
Earnings after taxes                 EURk     63,397     56,358 1) +12.5%
Earnings per share                    EUR       3.02       2.68 1) +12.5%

                                           31.12.2013 31.12.2012      +/-
Cash flow from operating activities  EURk      73,098     56,669   +29.0%
Cash and cash equivalents 2)         EURk     156,105    146,155    +6.8%
Equity ratio                            %        55.1       54.5 1)
Number of employees                             6,219      5,970    +4.2%

1) Adjusted figure 2) Including time deposits and securities *** The Annual Report 2013 is available for download at www.bechtle.com/reports. About Bechtle As a one-stop IT provider, Bechtle is active with more than 65 system houses in Germany, Austria and Switzerland and is one of Europe's leading online IT dealers, with subsidiaries in 14 countries. Founded in 1983, the company is headquartered in Neckarsulm, Germany, and currently has around 6,200 employees. Bechtle offers its more than 56,000 customers from the fields of industry and trade, the public sector and the financial market a comprehensive, cross-vendor portfolio of IT infrastructure and IT operation solutions. Bechtle has been quoted at the stock exchange since 2000 and has been listed in the TecDAX technology index since 2004. Contact Bechtle AG Bechtle Platz 1 D-74172 Neckarsulm, Germany Investor Relations Corporate Communications Martin Link Sabine Brand [email protected] [email protected] Tel.: +49 (0) 71 32/ 9 81 41 49 Tel.: +49 (0) 71 32/ 9 81 41 15 Fax: +49 (0) 71 32/ 9 81 41 16 End of Corporate News --------------------------------------------------------------------- 18.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Bechtle AG Bechtle Platz 1 74172 Neckarsulm Germany Phone: +49 7132 981-0 Fax: +49 7132 981-8000 E-mail: [email protected] Internet: www.bechtle.com ISIN: DE0005158703 WKN: 515870 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 256822 18.03.2014