German integration business drives main growth
Bechtle AG revenue increased by 9.3% from €2.8bn to approximately €3.1bn the fiscal year 2016, passing the €3bn mark for the first time. Although fed by both segments, IT System House & Managed Services and IT E-Commerce, growth was driven primarily by system house business in Germany.
EBT rose at an even higher rate of approximately 12% to an expected €145m (previous year: €129.4m). As a result, the EBT margin reached 4.7%, up from 4.6% in the previous year.
"The past fiscal year has proven Bechtle's aptitude for growth yet once again. We were able to continue our upward trajectory unabated while, at the same time, investing in numerous future-oriented projects. These impressive figures underscore Bechtle's position as a leading German IT company," explains Dr Thomas Olemotz, Chairman of the Board, Bechtle AG.
Bechtle AG will be publishing its full, audited financial statements for the 2016 fiscal year on Thursday, 16 March 2017.