March 17, 2023 at eight:13 a.m. ET
By David Sachs
Bechtle AG mentioned Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 regardless of an uncertain international economy.
The German-primarily based tech corporation mentioned net profit rose to 251.1 million euros ($266.five million) in 2022, up from EUR231.four million in 2021. Income grew 14% to EUR6.03 billion…
By David Sachs
Bechtle AG mentioned Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 regardless of an uncertain international economy.
The German-primarily based tech corporation mentioned net profit rose to 251.1 million euros ($266.five million) in 2022, up from EUR231.four million in 2021. Income grew 14% to EUR6.03 billion from EUR5.31 billion a year just before.
Bechtle, which offers info-technologies solutions as effectively as application and hardware, mentioned the acquisition of 3 businesses drove income development.
The corporation expects to see a “considerable boost” in income this year with a related pre-tax margin to 2022 – five.eight%.
Having said that, Bechtle Chief Executive Thomas Olemotz projected low financial development prices and mentioned provide chain troubles persist even if the corporation performs somewhat effectively due to a basic demand for digitization.
“At the identical time, having said that, clients have turn into a lot more conscious of the want to invest in future-proof IT environments,” Mr. Olemotz mentioned. “For that reason, the executive board is optimistic with regard to the existing fiscal year and once more expects Bechtle to provide above-typical enterprise efficiency regardless of the difficult framework situations.”
Bechtle proposed a dividend boost to EUR0.65 a share, up from EUR0.55 in 2021.
Create to David Sachs at david.sachs@wsj.com
