Slide 1: Bechtle AG 3rd Quarter 2018
Bechtle AG 3rd Quarter 2018 Neckarsulm | 14 November 2018
Slide 2: Contents
Contents. 1. Business development 2. Shares 3. News and updates 4. Outlook 14.11.2018 | Bechtle AG | 3rd Quarter 2018 2
Slide 3: Revenue – Growth remains high
Revenue – Growth remains high. +19.0% +17.4% +20.1% +18.8% 2017 2018 2,970 2,499 955 965 1.050 803 822 874 in €m 1st Quarter 2nd Quarter 3rd Quarter 9 Months 14.11.2018 | Bechtle AG | 3rd Quarter 2018 3
Slide 4: Revenue – E-commerce benefits from acquisition
Revenue – E-commerce benefits from acquisition. Q3.2017 +15.7% +30.6% +20.1% Q3.2018 1,050 874 714 617 336 257 in €m IT SH & MS E-commerce Group 14.11.2018 | Bechtle AG | 3rd Quarter 2018 4
Slide 5: Revenue – Particularly strong growth abroad
Revenue – Particularly strong growth abroad. Q3.2017 +12.3% +40.4% +20.1% Q3.2018 1,050 874 708 630 342 243 in €m Germany Abroad Group 14.11.2018 | Bechtle AG | 3rd Quarter 2018 5
Slide 6: Gross margin – Under growth-related pressure
Gross margin – Under growth-related pressure. 16.2 15.5 15.6 14.6 in % Q3.15 Q3.16 Q3.17 Q3.18 14.11.2018 | Bechtle AG | 3rd Quarter 2018 6
Slide 7: EBIT – Margin (currently) down YOY
EBIT – Margin (currently) down YOY. 2017 +12.2% +20.3% +9.3% +13.8% 2018 126.1 110.8 36.5 43.9 42.5 46.5 31.8 35.7 in €m 1st Quarter 2nd Quarter 3rd Quarter 9 Months Margin 4.0% 3.7% 4.4% 4.5% 4.9% 4.4% 4.4% 4.2% 14.11.2018 | Bechtle AG | 3rd Quarter 2018 7
Slide 8: Employees – Well on the way to 10,000
Employees – Well on the way to 10,000 +861 employees +1,452 employees =9.8% =17.7% 9,651 8,790 8,627 8,353 8,199 Q3.17 Q4.17 Q1.18 Q2.18 Q3.18 14.11.2018 | Bechtle AG | 3rd Quarter 2018 8
Slide 9: Key financial figures
Key financial figures. 58.7 Q3.2017 Equity ratio 46.7 Q3.2018 15.5 Return on equity* 15.8 [* annualised based on Q3, [in %] linearised projection] 492.9 31.12.2017 Working capital 30.09.2018 582.3 174.8 Liquidity** 140.9 [in €m.] [** including time deposits and securities] 14.11.2018 | Bechtle AG |
Slide 10: Bechtle share – Outperforming the market
Bechtle share – Outperforming the market. 31.12.2017 09.11.2018 €69.52 €78.70 Performance 2018 90 € 85 € Bechtle +13.2 % 80 € TecDAX* +5.4% 75 € MDAX* -7.7 % 70 € DAX* -10.7 % (*indexed) 65 € 60 € J 18 F 18 M 18 A 18 M 18 J 18 J 18 A 18 S 18 O 18 N 18 14.11.2018 | Bechtle AG | 3rd Quarter 2018 10
Slide 11: Acquisition – Inmac Wstore
Acquisition – Inmac Wstore. Inmac Wstore S.A.S., Roissy-en- France, France: Over 400 employees Approx. 420 million euros in revenue Seamless integration so far Bechtle now ranks among the top 5 in France 14.11.2018 | Bechtle AG | 3rd Quarter 2018 11
Slide 12: Acquisition – BT Stemmer
Acquisition – BT Stemmer. BT Stemmer GmbH, Munich, Germany: Specialist for network solutions, Unified Communications, IT security and managed services 160 employees, Approx. 60 million euros in revenue Approved by competition authorities, Closing on 1 December 2018 14.11.2018 | Bechtle AG | 3rd Quar
Slide 13: Capital market – Bechtle places first Schuldschein loan
Capital market – Bechtle places first Schuldschein loan Threefold oversubscription of order book Volume of over 300 million euros 140 national and international investors 14.11.2018 | Bechtle AG | 3rd Quarter 2018 13
Slide 14: EU Commission – Bechtle awarded contract for software
EU Commission – Bechtle awarded contract for software. "Software for Innovation, Diversity and Evolution II (SIDE II)" framework contract: To run until 2025 Software purchasing, licences, subscriptions, maintenance, support and other related services. Annual contract volume of up to 52 million euros
Slide 15: ARTICONA – Bechtle's new own brand
ARTICONA – Bechtle’s new own brand. Wide range of IT accessories and connection solutions High quality at affordable prices Continuous portfolio development 14.11.2018 | Bechtle AG | 3rd Quarter 2018 15
Slide 16: All-time high number of trainees
All-time high number of trainees – Over 200 new trainees and students. Bechtle boasts 637 vocational trainees and students Award-winning training offered in 15 professions and cooperative degree programmes 14.11.2018 | Bechtle AG | 3rd Quarter 2018 16
Slide 17: Outlook Fiscal Year 2018 – Forecast confirmed
Outlook Fiscal Year 2018 – Forecast confirmed. Economic conditions. Economic atmosphere in Germany and Europe weakens. But upwards trend in IT continues, showing a slight loss in momentum. Forecast. August’s raised forecast confirmed. Double-digit growth in sales and earnings realistic. The forecast
Slide 18: For more information: bechtle.com
For more information: bechtle.com 14.11.2018 | Bechtle AG | 3rd Quarter 2018 18