07/26/2021 | Press release | Distributed by Public on 07/26/2021 02:36
Neckarsulm, 26 July 2021 - Following a very positive development in earnings during the first six months of the year, Bechtle AG is raising its forecast for the full year of 2021. EBT is now expected to grow very significantly (previously: significantly) with a margin above (previously: at the same level as) the previous year. The Executive Board confirms its forecast of significant growth in revenues.
Preliminary figures for Bechtle AG suggest earnings before taxes (EBT) in the second quarter of 2021 amounting to over €80 m, which translates to an increase of nearly 40% year on year (Q2/2020: €58.1 m). This includes one-time effects through the reversal of provisions and impairments. Purely operating EBT were at approximately €71 m, an increase of over 20% compared to the previous year. Revenue in the months from April to June climbed to approximately €1,430 m, some 9% above the previous year (€1,310.5 m). The EBT margin grew in line to an expected 5.7% in Q2, or a very good 5% excluding one-time effects.
Bechtle AG will publish its Interim Report on H1 and Q2 containing the finalised numbers on 12 August 2021.