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Bechtle hauls in nearly €8bn after ‘slight upturn’

Europe's largest reseller grows top line by around 2% in testing 2024

Oxygen staff by Oxygen staff
5 February 2025
in News, Partner
Bechtle
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Mainland Europe’s largest reseller did grow in 2024 – at least going by its ultimate top line – as it enjoyed a “slight upturn” in fortunes in the final quarter.

Bechtle’s business volume advanced by around 2% last year to hit nearly €8bn, it said in a trading update this morning.

That was partly thanks to a “slight upturn” in Q4, when business volume rose by around 4%.

Bechtle’s testing 2024

The Germany-based giant was forced to downgrade its full-year forecasts last summer after its Q2 performance fell short of expectations.

At the start of 2024, an upbeat Bechtle predicted that business volume, revenue and earnings would undergo a “significant increase” during the year. But in July, it tempered this, forecasting that these three figures would all be “on a par” with 2023.

The picture got even bleaker in November when Bechtle warned it no longer expected to achieve that adjusted forecast following a disappointing Q3.

Although the Neckarsulm-based outfit ultimately topped its revised outlook when it came to business volume, full-year revenue and EBIT both shrunk (by 2% and 8%, respectively).

Bechtle’s 2024 EBIT margin also fell from 5.8% to 5.5% year on year.

Slowing sales growth

For context, Bechtle’s business volume growth of 2% last year is down on the 7% growth registered in 2023, and 16% uplift generated in 2022.

Its only larger European peer – UK-based Computacenter – last month indicated its 2024 top line will be fractionally down on the £10bn it hauled in the previous year.

Bechtle made six acquisitions during 2024, two of which – namely wireless networking specialist Qolcom and CAD software developer DriveWorks – were UK based.

It ranked 41st in Oxygen 250.

In a notable high point last year, Bechtle founded a charitable organisation with the aim of widening the scope of its social commitment activities in areas such as education and equality.

Tags: BechtleComputacenterfeatured
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