Slide 1: Bechtle AG 2nd Quarter 2026
Bechtle AG 2nd Quarter 2026. Neckarsulm, 12 August 2026
Slide 2: Agenda
Agenda. 1. Business development 2. Latest news 3. Outlook 2
Slide 3: Business development
Business development.
Slide 4: Order intake and order backlog
Business development Order intake and order backlog. +5.8% Order backlog reaches a 3,535 new record high. 3,340 Strong demand for IT +25.5% solutions drives growth 2,469 in incoming orders. 1,968 Q2.2025 31/03/2026 Q2.2026 30/06/2026 in €m Order intake Order backlog 4
Slide 5: Business volume and revenue
Business development Business volume and revenue. +18.1% Strong top-line growth. 2,274 Business volume up +16.5% 1,925 12.9% organically. 1,732 1,487 Q2.2025 Q2.2026 in €m Business volume Revenue 5
Slide 6: Business volume over the year
Business development. Business volume over the year. +15.6% 4,501 Growth accelerates in the 2nd quarter – 3,893 strong first-half performance. +13.2% +18.1% 2,227 2,274 1,967 1,925 2025 2026 in €m Q1 Q2 H1 6
Slide 7: Business volume by segment
Business development Business volume by segment. Double-digit growth +18.1% across the board – 2,274 supported by all segments and customer groups. 1,925 Other Europe stands 1,216 +10.4% out with both organic Germany 1,101 and acquisition-driven growth. 208 +10.7% France 188 317 +12.0% Benelux 283 5
Slide 8: Gross margin on business volume
Business development. Gross margin on business volume. 14.2 14.2 14.1 Stable at a high 13.4 13.2 level. Q2.2025 Q3.2025 Q4.2025 Q1.2026 Q2.2026 in % 8
Slide 9: EBIT and EBT
Business development EBIT and EBT. +23.0% +20.1% Double-digit 84.1 earnings growth – 80.2 margins stable to slightly higher year on 68.4 66.8 year. Q2.2025 Margin (% of business volume) 3.6% 3.7% 3.5% 3.5% Q2.2026 4.6% 4.9% 4.5% 4.6% Margin (% of revenue) in €m EBIT EBT 9
Slide 10: EBIT by segment
Business development EBIT by segment. +7.6% 55.7 Broad-based momentum – earnings growth 51.7 +128.4% across all regions. 17.7 +10.9% 7.6 7.7 6.8 +50.8% 3.1 2.1 4.7% 4.6% 1.1% 1.5% 2.4% 2.4% 2.2% 3.3% Margin (% of business volume) Q2.2025 5.9% 5.8% 1.4% 2.1% 3.5% 3.5% 2.9% 4.4% Margin (% of revenue)
Slide 11: Operating cash flow
Business development Operating cash flow. Performance influenced 140.7 by strong business 124.9 growth, particularly towards quarter-end – largely due to timing effects. 45.2 10.7 DSO improves to 37.4 days from 39.1 in the previous year. -112.5 Q2.2025 Q3.2025 Q4.2025 Q1.2026 Q2.2026 in €m 11
Slide 12: Employees
Business development Employees. +810 employees +5.2% −78 employees -0.5% Headcount growth 16,496 16,418 16,360 driven solely by 16,300 acquisitions. Organic decline 15,608 of 1.4% year on year. Q2.2025 Q3.2025 Q4.2025 Q1.2026 Q2.2026 12
Slide 13: Latest news
Latest news.
Slide 14: Managed services provider expands Bechtle's presence in the Netherlands
M&A Managed services provider expands Bechtle’s presence in the Netherlands. • Bechtle acquires Interforce, with 38 employees and a business volume of €11.3 million. • Interforce is an established managed services provider focused on mid-sized businesses across the Netherlands. • The acquisition str
Slide 15: Three major AI achievements for the Bechtle Group
Artificial intelligence Three major AI achievements for the Bechtle Group. • Bechtle expands its collaboration with NVIDIA and strengthens its position as a provider of AI infrastructure in Europe. • Together with Dell Technologies and NVIDIA, we are establishing a Dell AI Factory with a dedicated d
Slide 16: Another major public-sector contract secured
Public sector Another major public- sector contract secured. • Bechtle awarded contract to operate and further develop core IT services for the Bavarian judiciary. The framework agreement covers a central IT platform to deploy key digital workplaces and IT services. • The contract takes effect on 1
Slide 17: Bechtle successfully places Schuldschein loan
Capital market Bechtle successfully places Schuldschein loan. • Original target volume increased to €450 million. • Order book several times oversubscribed. • Broad investor base comprising 84 national and international lenders. • Financing provides additional flexibility for our international M&A s
Slide 18: Bechtle joins the Responsible Business Alliance
Sustainability Bechtle joins the Responsible Business Alliance. • Bechtle has joined the Responsible Business Alliance (RBA) as an Affiliate Member. • Through this membership, we support the vision and objectives of the world’s largest industry initiatives promoting social, environmental and ethical
Slide 19: Outlook
Outlook.
Slide 20: 2026 forecast
Revised guidance. 2026 forecast. Context. Objectives. • The broader economic environment remains • Given the excellent H1 performance, particularly earnings strained, and conditions in the IT market continue growth in Q2, and a record order backlog, the Executive Board to be challenging. Nevertheles
Slide 21: Any questions?
Any questions? ir@bechtle.com