According to preliminary figures, Bechtle AG showed double-digit growth in fiscal year 2019 - for the third year in succession. Revenue rose by more than 24% to some €5.37bn compared to €4.32bn in the previous year. With absolute growth of over €1bn, it reached its target, the self-set Vision 2020 goal of €5bn 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 €236m 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.
