Bechtle (BC8) DZ Bank Equity Conference Presentation summary

Business development

• Q3 2025 saw significant business volume growth, with a 5.1% increase over Q3 2024 and a 4.7% rise for the first nine months, reaching €5,941 million.

• Organic growth was 6.2%, with international business momentum increasing; international Q3 business volume rose 17% to €1,140 million.

• Revenue followed a positive trend, up 1% for the first nine months of 2025 to €4,536 million.

• EBT margin remained stable at 4.5% for the first nine months, with Q3 2025 slightly ahead of the previous year due to a robust September.

• Operating cash flow showed a seasonally typical pattern but declined compared to the previous year's high.

Workforce and acquisitions

• Headcount increased by 692 employees (+4.4%) year-over-year, driven solely by acquisitions, while organic workforce decreased by 1.6%.

• Acquired Nuovamacut Automazione S.p.A., a leading SOLIDWORKS partner in the Mediterranean, and ITAM Solutions BV, a Dutch IT asset management provider.

Leadership and strategy

• Supervisory Board extended Konstantin Ebert's Executive Board term through 2028 and designated him as successor to CEO Dr Thomas Olemotz, with formal resolution in February 2026.

• Ebert, COO since January 2024, oversees multichannel operations in 12 European markets and brings extensive international experience.