Bechtle Confident in Navigating Volatile Economy Immediately after 2022 Development
March 17, 2023 at eight:13 a.m. ET
By David Sachs
Bechtle AG mentioned Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 regardless of an uncertain international economy.
The German-primarily based tech firm mentioned net profit rose to 251.1 million euros ($266.five million) in 2022, up from EUR231.four million in 2021. Income grew 14% to EUR6.03 billion…
By David Sachs
Bechtle AG mentioned Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 regardless of an uncertain international economy.
The German-primarily based tech firm mentioned net profit rose to 251.1 million euros ($266.five million) in 2022, up from EUR231.four million in 2021. Income grew 14% to EUR6.03 billion from EUR5.31 billion a year ahead of.
Bechtle, which supplies facts-technologies solutions as nicely as computer software and hardware, mentioned the acquisition of 3 organizations drove income development.
The firm expects to see a “considerable boost” in income this year with a comparable pre-tax margin to 2022 – five.eight%.
On the other hand, Bechtle Chief Executive Thomas Olemotz projected low financial development prices and mentioned provide chain difficulties persist even if the firm performs fairly nicely due to a basic demand for digitization.
“At the very same time, on the other hand, consumers have develop into additional conscious of the will need to invest in future-proof IT environments,” Mr. Olemotz mentioned. “For that reason, the executive board is optimistic with regard to the existing fiscal year and once more expects Bechtle to provide above-typical enterprise efficiency regardless of the difficult framework situations.”
Bechtle proposed a dividend boost to EUR0.65 a share, up from EUR0.55 in 2021.
Create to David Sachs at david.sachs@wsj.com
