Bechtle announces preliminary figures for FY 2024

Bechtle announces preliminary figures for FY 2024

• Business volume climbs by approximately 2% to around €8 bn
• EBT margin at 5.5%
• Key financial metrics in line with expectations

Neckarsulm, 5 February 2025 – Based on preliminary figures, Bechtle AG has been able to reconcile its 2024 financial results with capital market expectations. Business volume increased by approximately 2% to nearly €8 bn, driven in part by strong growth in our software business. As this cannot be fully recognised under IFRS 15, reported revenue declined by approximately 2%. Earnings before taxes (EBT) stood at around €345 million, representing an 8% decrease compared to the previous year. Consequently, the EBT margin amounts to 5.5% (previous year: 5.8%). As of 31 December 2024, Bechtle employed 15,801 people, an increase of 4.2% or 642 compared to the previous year. This growth was largely driven by the six acquisitions completed in 2024, while organic workforce expansion remained moderate at 1.7%.

The fourth quarter saw a slight upturn in business, particularly due to a strong final month. Business volume grew by approximately 4% from October to December. Although revenue declined by around 5% and earnings were down by some 6%, the sharper earnings decline seen in earlier quarters was mitigated. The EBT margin stood at 5.6%, slightly below the previous year's 5.7%.

Bechtle AG will publish its final, audited results for the 2024 fiscal year on 14 March 2025.

About Bechtle

Bechtle is one of Europe’s leading IT service providers. We create future-ready IT architectures encompassing on-prem and multi-cloud infrastructures, digital transformation and modern workplace solutions, resilient security, artificial intelligence and a full range of managed services. Our customers also benefit from our smart financing solutions and circular IT offering, helping them achieve their ESG goals. Through our subsidiaries, we are recognised as a leading specialist in enterprise applications, particularly PLM and ERP solutions. Operating from 120 locations across 14 European countries, we combine personal, local service with a digital offering as part of our global multi-channel strategy. With over 15,500 employees, we are always close to our B2G and B2B customers, from SMEs to large international organisations. Bechtle is listed on the MDAX and TecDAX indexes. In 2024, we generated some €6.3 billion in revenue. Read more at: bechtle.com.

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