Bechtle AG: Full-year forecast revised

EQS-Ad-hoc: Bechtle AG / Key word(s): Preliminary Results/Change in Forecast
Bechtle AG: Full-year forecast revised

18-Jul-2024 / 11:59 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Bechtle AG: Full-year forecast revised

Neckarsulm, 18 July 2024 - According to preliminary figures, Bechtle AG's
growth in the second quarter of 2024 fell short of expectations. The
background to this is a continuing reluctance to invest, notably in the SME
sector, as well as the development of public-sector business, which remains
muted. In particular, the traditionally important end of the quarter was
surprisingly weak. The business volume totalled around EUR1,830 million, which
represents an increase of around 1 per cent compared to the same period of
the previous year. Revenue fell by around 2 per cent. Earnings before taxes
(EBT) came in at around EUR83 million and were therefore significantly below
the consensus derived by Bechtle itself. The EBT margin is expected to be
5.6 per cent.

Against this background, the Executive Board sees the full-year forecast as
increasingly challenging to achieve, and is hence revising its expectations.
As per the Executive Board's current assessment, Bechtle AG's performance in
the 2024 fiscal year is expected to be on par with the previous year in
terms of business volume, revenue, earnings and EBT margin.

Bechtle AG will publish its report on the first half year and the second
quarter, including the final figures, on 09 August 2024.

Contact:

Bechtle AG
Investor Relations
Martin Link
Telephone: +49 7132 981-4149
ir@bechtle.com


End of Inside Information

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   Language:       English
   Company:        Bechtle AG
                   Bechtle Platz 1
                   74172 Neckarsulm
                   Germany
   Phone:          +49 7132 981-0
   Fax:            +49 7132 981-8000
   E-mail:         ir@bechtle.com
   Internet:       bechtle.com
   ISIN:           DE0005158703
   WKN:            515870
   Indices:        MDAX, TecDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1949283

End of Announcement EQS News Service
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1949283 18-Jul-2024 CET/CEST