Bechtle (ETR:BC8) First Quarter 2024 Results

Key Financial Results

• Revenue: €1.50b (down 2.3% from 1Q 2023).

• Net income: €58.5m (up 2.8% from 1Q 2023).

• Profit margin: 3.9% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses.

• EPS: €0.46 (up from €0.45 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bechtle Earnings Insights

Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany.

Performance of the German IT industry.

The company's shares are down 2.1% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Bechtle's balance sheet.

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