Surprise growth for Bechtle in Q2 despite 'deteriorated economic conditions'

Josh Budd
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Surprise growth for Bechtle in Q2 despite 'deteriorated economic conditions'

CEO Thomas Olemotz says he's 'convinced' Bechtle's 2019 financials will exceed previous year

Bechtle's CEO is "convinced" that the firm's full-year 2019 results will "very significantly" exceed last year's, after the German reseller posted high growth across the board in Q2. For the three months between 1 April and 31 June, operating profit (EBIT) ballooned by 30 per cent to €57.06m, on revenues that rocketed 30.2 per cent to €1.26bn. The surprise growth comes after Olemotz lowered Bechtle's sales growth forecast for full-year 2019. In an interview with Bloomberg, the CEO said he expects...

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