Slide 1: Bechtle AG – 2020 Fiscal Year
Bechtle AG – 2020 Fiscal Year Welcome. Neckarsulm | 19 March 2021 | Dr Thomas Olemotz
Slide 2: Contents
Contents. 1 Business development in 2020. 2 Shares and dividend. 3 2020 highlights. 4 2021 outlook. 19/03/2021 | Bechtle AG | Fiscal Year 2020 2
Slide 3: Business development in 2020
1 Business development in 2020. 19/03/2021 | Bechtle AG | Fiscal Year 2020 3
Slide 4: Revenue – growth in all segments
Revenue – growth in all segments. in €m +10.9% +3.5% +8.3% 2019 2020 5,819 5,374 3,864 3,485 1,889 1,956 IT SH & MS IT E-Commerce Group 19/03/2021 | Bechtle AG | Fiscal Year 2020 4
Slide 5: Revenue – effects of pandemic felt more keenly abroad
Revenue – effects of pandemic felt more keenly abroad. in €m +9.7% +5.9% +8.3% 2019 2020 5,819 5,374 3,661 3,337 2,038 2,158 Domestic Abroad Group 19/03/2021 | Bechtle AG | Fiscal Year 2020 5
Slide 6: Revenue – very strong second half-year
Revenue – very strong second half-year. in €m +9.3% +3.9% +7.4% +11.6% 2019 2020 1,782 1,597 1,356 1,371 1,261 1,311 1,276 1,240 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 19/03/2021 | Bechtle AG | Fiscal Year 2020 6
Slide 7: Gross margin – affected by positive one-offs
Gross margin – affected by positive one-offs. in % 15.6 15.2 14.9 14.7 14.3 2016 2017 2018 2019 2020 19/03/2021 | Bechtle AG | Fiscal Year 2020 7
Slide 8: EBIT – growth in earnings in both segments
EBIT – growth in earnings in both segments, high margin in E-Commerce. in €m +19.8% +6.5% +14.7% 2019 2020 Margin 277.0 241.4 179.5 149.8 91.5 97.5 4.3% 4.6% 4.8% 5.0% 4.5% 4.8% IT SH & MS IT E-Commerce Group 19/03/2021 | Bechtle AG | Fiscal Year 2020 8
Slide 9: EBIT – very strong earnings development in the second half-year
EBIT – very strong earnings development in the second half-year. in €m +13.7% +4.3% +25.7% +14.8% 2019 2020 91.4 79.7 73.3 57.1 59.5 58.4 52.6 46.3 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 19/03/2021 | Bechtle AG | Fiscal Year 2020 9
Slide 10: Operating cash flow – successful working capital management
Operating cash flow – successful working capital management. in €m 316.3 186.0 140.5 53.4 54.3 2016 2017 2018 2019 2020 19/03/2021 | Bechtle AG | Fiscal Year 2020 10
Slide 11: Employees – strong employer brand secures growth
Employees – strong employer brand secures growth. +693 employees +6.0% 12,180 11,487 10,005 8,353 7,667 2016 2017 2018 2019 2020 19/03/2021 | Bechtle AG | Fiscal Year 2020 11
Slide 12: Shares and dividend
2 Shares and dividend. 19/03/2021 | Bechtle AG | Fiscal Year 2020 12
Slide 13: The Bechtle share – impressive performance
The Bechtle share – impressive performance. 31/12/19 31/12/20 Performance (yoy) 125.20 € 178.40 € 180 € Bechtle +42.5% MDAX* +8.8% 160 € TecDAX* +6.6% 140 € DAX* +3.5% 120 € 100 € 80 € 60 € J 20 A 20 J 20 O 20 * Indexed 19/03/2021 | Bechtle AG | Fiscal Year 2020 13
Slide 14: Dividend – 11th increase in a row
Dividend – 11th increase in a row is testament to a dependable dividend policy. in € cent +12.5% 135* 120 100 90 75 2016 2017 2018 2019 2020 * AGM proposal 19/03/2021 | Bechtle AG | Fiscal Year 2020 14
Slide 15: 2020 highlights
3 2020 highlights. 19/03/2021 | Bechtle AG | Fiscal Year 2020 15
Slide 16: Strong IT partner for public sector customers
Strong IT partner for public sector customers. 1 Bechtle rolls out a collaboration platform for the state government of Saarland in record time, and wins the contract from the Saarbrücken Regional Association for 20,000 notebooks and network infrastructure for schools in the state. Bechtle wins IT.N
Slide 17: Ambassador for future-facing technology
2 Ambassador for future-facing technology. Supported by Bechtle, Baden-Württemberg presents cutting edge AI technology on the 30th anniversary of German Unity Day. 19/03/2021 | Bechtle AG | Fiscal Year 2020 17
Slide 18: Successful acquisitions in 2020
Successful acquisitions in 2020. 3 With Linz-based dataformers GmbH, Bechtle makes the 100th acquisition in company history. Others: Wide Technology Partners, Switzerland (networking, data centre, voice and security) and DPS Software GmbH, Germany (3D CAD software). 19/03/2021 | Bechtle AG | Fiscal
Slide 19: Numerous awards from vendor partners
4 Numerous awards from vendor partners. Including Cisco Enterprise Partner of the Year, Titanium Black Partner from Dell Technologies, HPE Partner Ready Platinum Partner and certifications in all VMware master competencies. 19/03/2021 | Bechtle AG | Fiscal Year 2020 19
Slide 20: Outstanding partnership
5 Outstanding partnership. Bechtle is a new member of the Microsoft Intelligent Security Association (MISA), receiving the status Azure Expert Managed Service Provider. 19/03/2021 | Bechtle AG | Fiscal Year 2020 20
Slide 21: Premiere: 1st virtual Bechtle Competence Day
6 Premiere: 1st virtual Bechtle Competence Day. The largest Bechtle event sets standards – digitally as well: Over 3,000 people took part in the virtual C-Day including global CEOs such as Antonio Neri and Michael Dell and the Bitkom Board. 19/03/2021 | Bechtle AG | Fiscal Year 2020 21
Slide 22: Bechtle continues to drive sustainable mobility
Bechtle continues to drive sustainable mobility. 7 A medium-term jump from 80 charging points at the Bechtle Group’s German locations to up to 300 across Germany, Austria and Switzerland is being planned as well as the addition of 50 fully-electric VW ID.3 vehicles to the company fleet. © Daniel Pet
Slide 23: Bechtle plays its part
8 Bechtle plays its part. Bechtle is providing IT infrastructure equipment and related operation services for corona vaccination centres in several federal states in Germany and other European countries. 19/03/2021 | Bechtle AG | Fiscal Year 2020 23
Slide 24: Bonus payment as thanks to the employees
9 Bonus payment as thanks to the employees. In light of their outstanding effort over the last year, employees received a €500 bonus. 19/03/2021 | Bechtle AG | Fiscal Year 2020 24
Slide 25: 2021 outlook
4 2021 outlook. 19/03/2021 | Bechtle AG | Fiscal Year 2020 25
Slide 26: Outlook. 2021 forecast optimistic despite continuing uncertainty
Outlook. 2021 forecast optimistic despite continuing uncertainty. Economic Economy picking up over the course of the year. conditions Demand for IT remains high in Bechtle core markets. and Marked supply chain problems in IT market. assumptions. No considerable, positive one-offs expected. Bechtle i
Slide 27: Any questions?
Any questions? All facts and figures available at: bechtle.com/report 19/03/2021 | Bechtle AG | Fiscal Year 2020 27