Bechtle Ag · XETR:BC8
Bechtle — Non-Deal Roadshow (October 2025)
20 slides from Bechtle's roadshow presentation, Oct 2, 2025
Slide 1: Roadshow Berenberg. Welcome.
BECHTLE AG Roadshow Berenberg. Welcome. Paris, 2 October 2025
Slide 2: Introduction to Bechtle AG
Introduction to Bechtle AG.
Slide 3: Bechtle at a Glance
Introduction to Bechtle AG Bechtle at a Glance. Broad portfolio 7.9 bn € of future-oriented Decentralised Business Volume in 2024 IT products structure and services empowers entrepreneurial thinking More than 15,600 Employees Close to our International customers Anchor shareholder Present in 14 Euro
Slide 4: Multi-channel strategy – in European Countries
Introduction to Bechtle AG. Multi-channel strategy – in 14 European Countries. • Future-ready IT: Design and deliver IT solutions to drive the digital transformation. From desktop to the data centre and IT security, from multi-cloud solutions to artificial intelligence. • International with local ro
Slide 5: German IT Market
Introduction to Bechtle AG. German IT Rank Company Business volume (€m) in 2024 in Germany 1 Bechtle 4,587 Market. 2 Computacenter AG & Co. oHG 3,282 3 T-Systems International GmbH 3,000 Nr. 1 ranked System House … in Germany. 40 Damovo Deutschland 100 Highly Around 95.000 IT-Companies in the German
Slide 6: Shareholder Structure
Introduction to Bechtle AG. Shareholder Freefloat Schick Family Structure. 49.80% 35.02% Long-term and independent anchor shareholder. (Incl. Gerhard and Ilse Schick Foundation) 4.21% Flossbach von Storch AGI 10.18% 5.00% Current of: September 2025, 126 million shares 6
Slide 7: Dividend
Introduction to Bechtle AG. Dividend. 70 70 Stable dividend 65 underscores financial strength, stability 55 and confidence. 45 in € cent 2020 2021 2022 2023 2024 7
Slide 8: Bechtle Sustainability Strategy 2030
Sustainability. Bechtle Sustainability Strategy 2030 - Our four strategic fields of action. Doing business Environmental The people we work We are shaping the ethically sustainability is a with are committed digital is in our DNA cornerstone of to our success. future responsibly. everything we do. W
Slide 9: Bechtle Climate Protection Strategy 2030 – Avoidance and reduction
Sustainability. Bechtle Climate Protection Strategy 2030 – Avoidance and reduction. Our targets. • Our climate objectives are in line with the 1.5 °C Paris Agreement goal set in 2015. • The objective is to reduce scope 1 (company buildings and vehicle fleet) and scope 2 (energy procured for use in-h
Slide 10: Business development
Business development.
Slide 11: Business volume
Business development. Business volume. +2.9% 3,893 3,783 Positive trend compared to first quarter. +0.8% +5.1% 1,951 1,967 1,925 1,832 2024 2025 in €m 1st Quarter 2nd Quarter 1st Half-year 11
Slide 12: International volume
Business development. Business volume. +5.1% 1,925 1,832 Organic development International +3.4%. 821 +9.1% 753 International growth also driven by acquisitions. Germany 1,078 1,104 +2.4% in €m Q2 2024 Q2 2025 12
Slide 13: Revenue
Business development. Revenue. -1.0% 2,978 2,948 Higher software share leads to first half-year slightly below previous year (IFRS 15). +0.8% -2.8% 1,503 1,461 1,475 1,487 2024 2025 in €m 1st Quarter 2nd Quarter 1st Half-year 13
Slide 14: Gross margin
Business development. Gross margin. 18.5 18.4 Consistently 17.8 17.9 17.9 high level. Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 in €m 14
Slide 15: EBIT
Business development. EBIT. -25.7% 168.8 As expected, Q2 below previous year, yet considerable improvement over 125.5 first quarter. -32.1% -19.3% 84.1 84.7 68.4 57.2 2024 5.6% 3.9% 5.7% 4.6% 5.7% 4.3% 2025 Margin 1st Quarter 2nd Quarter 1st Half-year in €m 15
Slide 16: Operating cash flow
Business development. Operating cash flow. Cash flow in line with seasonal norms. 95.8 85.2 45.2 26.8 -75.3 Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 in €m 16
Slide 17: Employees
Business development. Employees. +302 employees +2.0% -193 employees -1.2% Organic increase of 15,801 15,729 0.5% year-on-year. 15,608 15,608 15,306 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 17
Slide 18: Forecast
Forecast.
Slide 19: 2025 forecast: Context. Objectives.
2025 forecast. Context. Objectives. Overall economic conditions remain challenging. • Uncertainties around economic developments remain very high. HOWEVER: • Bechtle’s economic development is closely tied to the overall health of the economy and especially our customers’ willingness • The need to in
Slide 20: Any questions?
Any questions? ir@bechtle.com