Bechtle continued to enjoy outstanding growth in 2019
 

- Revenue up over 24% to some €5.37 bn

- Growth in revenue at over €1 bn

- EBT rose approximately 22% to €236 m

Neckarsulm, 03.02.2020 - According to preliminary figures, Bechtle AG showed two-figure growth in fiscal year 2019 - the third year in succession. Revenue rose by more than 24% to some €5.37 bn compared to €4.32 bn in the previous year. With absolute growth of over €1 bn, we reached our self-set Vision 2020 goal of €5 bn revenue a year early. Consolidated organic growth across the group clocks in at around 15%. Bechtle's predicted earnings before taxes are up some 22% to approximately €236 m which translates to an estimated EBT margin of 4.4%. As of 31 December 2019, Bechtle had a total of 11,487 employees (YOY: 10,005)

The fourth quarter also showed a very strong increase in revenue of some 18%. Organic growth from October to December accounted for some 16%. The growth dynamic grew again compared to the third quarter.

"The impressive figures show how well Bechtle is able to meet the high, digitalisation-driven demand of our customers with future-proof IT solutions. Our customers rely on our expertise and make Bechtle their IT partner of choice" says Dr. Thomas Olemotz, CEO of Bechtle AG.

Bechtle AG will be publishing its full, audited financial statements for the 2019 fiscal year on Thursday, 19 March 2020.

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About Bechtle:
Bechtle AG is one of Europe's leading IT providers, with 75 systems integrators in Germany, Austria and Switzerland as well as 24 e-commerce subsidiaries in 14 European countries. Founded in 1983, the company is headquartered in the southern German town of Neckarsulm and currently employs some 11,500 people. Bechtle provides more than 70,000 customers from the industrial, trade, financial and public sectors with a comprehensive, vendor-neutral portfolio that covers all aspects of IT infrastructure and operation. Bechtle is listed on the MDAX and TecDAX indices. Revenue for 2019 is expected to be around 5.37 billion euros. Learn more at: bechtle.com

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