March 17, 2023 at eight:13 a.m. ET
By David Sachs
Bechtle AG stated Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 in spite of an uncertain international economy.
The German-primarily based tech corporation stated 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 stated Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 in spite of an uncertain international economy.
The German-primarily based tech corporation stated 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 prior to.
Bechtle, which gives data-technologies solutions as effectively as application and hardware, stated the acquisition of 3 organizations drove income development.
The corporation expects to see a “substantial raise” in income this year with a comparable pre-tax margin to 2022 – five.eight%.
Nonetheless, Bechtle Chief Executive Thomas Olemotz projected low financial development prices and stated provide chain complications persist even if the corporation performs reasonably effectively due to a basic demand for digitization.
“At the similar time, having said that, prospects have turn into far more conscious of the will need to invest in future-proof IT environments,” Mr. Olemotz stated. “Consequently, the executive board is optimistic with regard to the existing fiscal year and once again expects Bechtle to provide above-typical company efficiency in spite of the difficult framework circumstances.”
Bechtle proposed a dividend raise to EUR0.65 a share, up from EUR0.55 in 2021.
Create to David Sachs at david.sachs@wsj.com
