Bechtle (BC8) Company presentation summary

Company overview and market position

• Operates as a leading IT solutions provider in Europe, with activities in 14 countries and a broad portfolio covering hardware, software, cloud, and managed services.

• Achieved €8.6 billion business volume in 2025, with a balanced B2B and B2G customer base and over 16,400 employees.

• Outpaces the German IT market with a 10-year average growth rate of 11.9% versus the market's 4.9%.

• Maintains strong vendor partnerships with around 270 partners, enabling independent advice and comprehensive solutions.

• Holds the #1 position in Germany and is a market leader in Europe.

Business model, strategy, and operations

• Pursues a multi-channel sales strategy, combining digital platforms with local presence for customer proximity.

• Focuses on profitable growth, aiming for €10 billion business volume and a 5% EBT margin by 2030.

• Implements a successful M&A strategy, with 126 acquisitions and €1.5 billion in acquired business volume over the past decade.

• Expands international business, especially in Other Europe, through both organic and acquisition-driven growth.

• Offers a 360° IT service portfolio, including AI, cloud, IT security, and financial services.

Financial performance and outlook

• Q2 2026 saw business volume rise 18.1% to €2,274 million and revenue up 16.5% to €1,732 million.

• Order backlog reached a record high, with strong demand driving a 25.5% increase in order intake.

• EBIT and EBT grew by over 20% year-on-year, with stable to slightly higher margins.

• Revised 2026 guidance targets business volume growth of more than 10% and revenue and EBT growth of 5–10%.

• Operating cash flow was impacted by timing effects, but DSO improved to 37.4 days.