Bechtle Ag · XETR:BC8

Bechtle — Q3 2025 Earnings Presentation

17 slides from Bechtle's earnings presentation, Nov 14, 2025

  1. Slide 1: BECHTLE AG 3rd Quarter 2025

    BECHTLE AG 3rd Quarter 2025. Welcome. Neckarsulm, 14 November 2025

  2. Slide 2: Agenda

    Agenda. 1. Business development. 2. Latest news. 3. Outlook. 2

  3. Slide 3: Business development

    Business development.

  4. Slide 4: Business volume

    Business development. Business volume. +4.7% 5,941 5,672 Significant growth in Q3 drives positive trend. +0.8% +8.4% +5.1% 1,951 1,967 2,049 1,832 1,925 1,890 2024 2025 in €m 1st Quarter 2nd Quarter 3rd Quarter 9 Months 4

  5. Slide 5: International volume

    Business development. Business volume. +8.4% 2,049 Organic growth at 1,890 +6.2%. International Momentum in 777 909 +17.0% international business has increased significantly. Germany 1,113 1,140 +2.4% in €m Q3 2024 Q3 2025 5

  6. Slide 6: Revenue

    Business development. Revenue. +1.0% 4,489 4,536 Here too, the positive trend is clear. +5.1% +0.8% -2.8% 1,511 1,588 1,503 1,461 1,475 1,487 2024 2025 in €m 1st Quarter 2nd Quarter 3rd Quarter 9 Months 6

  7. Slide 7: EBT

    Business development. EBT. -17.1% 244.3 Robust September pushed Q3 slightly 202.6 ahead of previous year. -32.5% -20.3% +2.4% 82.0 83.8 80.5 78.6 66.8 55.3 2024 5.5% 3.8% 5.7% 4.5% 5.2% 5.1% 5.4% 4.5% 2025 Margin 1st Quarter 2nd Quarter 3rd Quarter 9 Months in €m 7

  8. Slide 8: Operating cash flow

    Business development. Operating cash flow. 268.7 Positive, seasonally typical development over the year. Decline compared to 148.3 last year’s high in line 124.9 with expectations. 45.2 -21.0* Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 in €m *Adjusted 8

  9. Slide 9: Employees

    Business development. Employees. +692 employees +4.4% +571 employees +3.6% Headcount growth 16,300 driven solely by acquisitions. 15,801 15,729 Slight organic 15,608 15,608 decrease in workforce of 1.6%. Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 9

  10. Slide 10: Latest news

    Latest news.

  11. Slide 11: Succession plan

    Succession plan The Supervisory Board of Bechtle AG has resolved to proactively extend Konstantin Ebert’s term on the Executive Board through to 31 December 2028, and to designate him as the successor to current CEO Dr Thomas Olemotz. The formal resolution will be adopted on 4 February 2026. Dr Olem

  12. Slide 12: Acquisitions

    Acquisitions In Nuovamacut Automazione S.p.A., Bechtle has acquired the leading Dassault Systèmes SOLIDWORKS partner in the Mediterranean region. Founded in 1955, the company is headquartered in the Italian city of Bologna, employs 149 people and generated business volume of €63 million in the 2024

  13. Slide 13: Digital sovereignty

    Digital sovereignty Bechtle has developed a software-based methodology to quantify digital sovereignty. The Bechtle Index of Sovereignty will provide businesses and public-sector organisations with a clear framework for assessing their digital sovereignty and identifying concrete steps to strengthen

  14. Slide 14: Sustainability

    Sustainability Bechtle has received official confirmation from the Science Based Targets initiative (SBTi) that its net-zero targets meet the organisation’s criteria. Following the validation of its near and mid-term climate goals until 2030 earlier this year, Bechtle’s long-term net-zero targets fo

  15. Slide 15: Outlook

    Outlook.

  16. Slide 16: 2025 forecast: Context and Objectives

    2025 forecast. Context. Objectives. The economic climate remains challenging. • Uncertainties around economic developments remain high. HOWEVER: • Bechtle’s economic development is very closely tied to the overall health of the economy and especially our customers’ willingness • The need to invest i

  17. Slide 17: Any questions?

    Any questions? ir@bechtle.com

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