Slide 1: Bechtle AG 1st Quarter 2025
BECHTLE AG 1st Quarter 2025. Welcome! Neckarsulm, 09 May 2025
Slide 2: Agenda
Agenda. 1. Business development. 2. Latest news. 3. Outlook. 2
Slide 3: Business development
Business development.
Slide 4: International volume
Business development. Business volume. +0.8% 1,951 1,967 Organic development around -0.9%. International 883 893 +1.1% Germany 1,067 1,074 +0.6% in €m Q1 2024 Q1 2025 6
Slide 5: Revenue
Business development. Revenue. -2.8% 1,503 1,461 Revenue down due to higher share of software International 632 (IFRS 15). 640 +1.3% Germany 871 821 -5.8% in €m Q1 2024 Q1 2025 6
Slide 6: EBIT
Business development. EBIT. -32.0% 84.1 Higher personnel costs, lower rebates and a rise in depreciation impacting earnings. -31.0% 57.2 54.3 37.5 -34.0% 29.8 19.7 Q1 2024 Q1 2025 5.8% 4.3% 5.2% 3.3% 5.6% 3.9% Margin in €m IT SH & MS IT E-commerce Group 7
Slide 7: Operating cash flow
Business development. Operating cash flow. Cash flow typical for the season and in line with long- term average. 45.3 20.6 -20.2 -21.5 -127.1 Q1 2021 Q1 2022 Q1 2023 Q1 2024 Q1 2025 in €m 9
Slide 8: Employees
Business development. Employees. -72 employees +484 employees -0.5% +3.2% 15,801 15,729 Organic increase of 15,608 0.7 % year-on-year. 15,306 15,245 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 10
Slide 9: Latest news
Latest news.
Slide 10: Hannover Messe
Hannover Messe More than 2,000 guests visited the Bechtle stand at the Hannover Messe— the world’s leading industry development fair—to discover more about cloud computing, artificial intelligence, product lifecycle management (PLM), the Internet of Things (IoT), networking, security and 3D printing
Slide 11: IT security
IT security Germany’s Federal Ministry of the Interior and Community (BMI) and Bechtle have concluded a framework agreement for the supply of IT security products along with associated services and training. The contract has a total volume of €216 m and runs for five years, with the option of a two-
Slide 12: Outlook
Outlook.
Slide 13: Forecast 2025
Forecast 2025. Context. Objectives. Overall economic conditions remain challenging. • Uncertainty is widespread and has been exacerbated as a result of (geo)political developments (tariffs). HOWEVER: • Bechtle’s economic development is closely tied to the overall • The need to invest in IT remains h
Slide 14: Any questions?
Any questions? ir@bechtle.com