Slide 1: BECHTLE AG 2nd Quarter 2025
BECHTLE AG 2nd Quarter 2025. Welcome! Neckarsulm, 08 August 2025
Slide 2: Agenda
Agenda. 1. Business development. 2. Latest news. 3. Outlook. 2
Slide 3: Business development
Business development.
Slide 4: 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 4
Slide 5: International volume
Business development. Business volume. +5.1% 1,925 Organic 1,832 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 5
Slide 6: 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 6
Slide 7: Gross margin
Business development. Gross margin. 18.5 Consistently 17.8 17.9 17.9 18.4 high level. Q2 2021 Q2 2022 Q2 2023 Q2 2024 Q2 2025 in €m 8
Slide 8: 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 7
Slide 9: 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 10
Slide 10: 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 11
Slide 11: Latest news
Latest news.
Slide 12: Bechtle adds to its Executive Board
Christian Jehle Bechtle adds to its Executive Board. Christian Jehle will join the company on 1 January 2026 as Chief Financial Officer (CFO), assuming responsibilities currently held by CEO, Dr Thomas Olemotz. Most recently, Christian Jehle served as CFO at Computacenter in the UK. Prior to that, h
Slide 13: Acquisitions
Acquisitions I. Grupo Solutia Tecnologia in Spain Well-established in the public sector, Bechtle is significantly expanding its capabilities in workplace solutions, software development, and IT services with this acquisition. II. E-Storage in the Netherlands The experienced specialist in highly- com
Slide 14: Verified cloud service security
Cloud Verified cloud service security. Bechtle has successfully achieved C5 attestation—the highest cloud computing standard—in accordance with the criteria stipulated by Germany’s Federal Office for Information Security (BSI). The independent audit confirms that Bechtle fulfils the requirements of
Slide 15: Framework agreement
Framework agreement Bechtle has once again secured a win in a nationwide tender. Following the successful bid for a framework agreement for the provision of low- code platform licences, Bechtle has now also been awarded the contract to supply implementation resources for related digitalisation proje
Slide 16: Outlook
Outlook.
Slide 17: 2025 forecast
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 18: Any questions?
Any questions? ir@bechtle.com