March 17, 2023 at eight:13 a.m. ET
By David Sachs
Bechtle AG stated on Friday that net profit rose in 2022 thanks to greater income and acquisitions, and that it expects development in 2023 regardless of an uncertain international economy.
The German technologies firm stated net profit rose to 251.1 million euros ($266.five million) in 2022, up from 231.four million euros in 2021. Income rose 14% to six.03 billion euro…
By David Sachs
Bechtle AG stated on Friday that net profit rose in 2022 thanks to greater income and acquisitions, and that it expects development in 2023 regardless of an uncertain international economy.
The German technologies firm stated net profit rose to 251.1 million euros ($266.five million) in 2022, from 231.four million euros in 2021. Income rose 14% to six.03 billion euros from five.31 billion euros a year earlier.
Bechtle, which offers data technologies solutions as effectively as software program and hardware, stated the acquisition of the 3 corporations led to income development.
The firm expects to accomplish a “substantial boost” in income this year with a equivalent pre-tax margin to five.eight% in 2022.
Even so, Bechtle CEO Thomas Olemotz projected low financial development prices and stated provide chain challenges persisted even if the firm was carrying out reasonably effectively due to the basic demand for digitization.
“At the exact same time, nonetheless, consumers have grow to be a lot more conscious of the need to have to invest in future-proof IT environments,” Mr. Olemotz stated. “Hence, the executive board is optimistic about the existing fiscal year and once more expects Bechtle to provide above-typical organization functionality regardless of the difficult framework situations.”
Bechtle proposed a dividend boost to .65 euros per share, up from .55 euros in 2021.
Create to David Sachs at david.sachs@vsj.com