The Channel logo

News

By | Paul Kunert 18th March 2014 16:20

Economic recovery? Ha, that was so 2012, says buoyant Bechtle

Sales and profits up as German reseller chortles all way to die Bank

If Europe was still in fragile economic recovery mode during calendar 2013 someone forgot to tell trend-bucking Bechtle AG, the epitome of efficient German tech reselling.

The firm today reported group revenue of €2.27bn, up 8.4 per cent year-on-year and banked a 13 per cent spike in profit before tax of €89.3m and the same per

"We outperformed the market and greatly surpassed our prior-year figures," said Bechtle chairman Dt Thomas Olemotz.

The IT system house and managed service - a division that largely provides local tech support services - again generated the majority of the revenues, €1.53bn, up 10.1 per cent.

Decent "domestic demand" and the growing headcount were fingered as reasons why the unit was up for the year. Earnings before the taxman got a slice jumped 27 per cent to €56.2m.

The e-commerce unit grew more modestly at 5.1 per cent to €738.2m - most surviving web sellers would settle for that.

The "overseas" operation was responsible for growth in the online unit, up 6.9 per cent to €522m. But income before tax fell three per cent to €34.8m.

Price deflation, cost pressures and a less favourable product margin mix were blamed for the dip in profits at the wing.

Group headcount went up by 249 bods to 6,219 in total, but 4,743 of these were in Germany. Some 473 personnel were "young trainees".

As should be a given for any company, Bechtle said it wants to expand this year and again is budgeting for growth "both organically and through acquisition," said Dr Olemotz. ®

alert Send corrections

Opinion

Houses of Parliament in night-time

Andrew Orlowski

Come on everybody, let's upload all our stuff into Government by Cloud
Joe Tucci EMC
frustration_anger_irritation_annoyance pain

Felipe Costa

Pressure to perform for stock market bearing down on disties

Features

Alistair Darling and Alex Salmond debate Scottish independence
You keep the call centres, Hamish, we'll take the banks
Internet of Things
Everyone loves those Things, just not on each others' terms
No email? No CRM? No Daily Mail iPad edition? You need a plan
Sinofsky's hybrid strategy looks dafter than ever