Bechtle Ag · XETR:BC8
Bechtle — Q1 2017 Earnings Presentation
15 slides from Bechtle's earnings presentation, May 10, 2017
Slide 1: Bechtle AG 1st Quarter 2017
Bechtle AG 1st Quarter 2017 Neckarsulm | 10 May 2017
Slide 2: Content
Content. 1. Business Development Revenue Earnings Employees 2. Shares and Dividends 3. Company News 4. Forecast for 2017 10.05.2017 | Bechtle AG | 1st Quarter 2017 2
Slide 3: Group Development – Revenue Q1 2017 vs. Q1 2016
Group Development – Revenue Q1 2017 vs. Q1 2016 +13.9% 803.1 704.9 Q1.2016 Q1.2017 [in €m] High growth rate. 10.05.2017 | Bechtle AG | 1st Quarter 2017 3
Slide 4: Group Development – Revenue by Reporting Segment Q1 2017 vs. Q1 2016
Group Development – Revenue by Reporting Segment Q1 2017 vs. Q1 2016 239.8 11.9% 253.0 13.9% E-commerce 214.3 Abroad 222.1 System House & 563.3 14.8% Domestic 550.2 13.9% Managed Services 490.6 482.8 Q1.2016 Q1.2017 Q1.2016 Q1.2017 in €m Balanced growth distribution. 10.05.2017 | Bechtle AG | 1st Qu
Slide 5: Group Development – Gross Margin since 2013
Group Development – Gross Margin since 2013 15.1 14.7 14.9 14.8 14.8 [in %] Q1.2013 Q1.2014 Q1.2015 Q1.2016 Q1.2017 Gross margin remains consistently high. 10.05.2017 | Bechtle AG | 1st Quarter 2017 5
Slide 6: Group Development – Earnings (EBIT) by Segment Q1 2017 vs. Q1 2016
Group Development – Earnings (EBIT) by Segment Q1 2017 vs. Q1 2016 +18.1% Q1.2016 +23.2% Q1.2017 31.8 +6.8% 27.0 22.8 18.5 8.5 9.0 System House & E-commerce Group [in €m] Managed Services Margin Margin Margin 3.8% 3.9% 3.8% 4.0% 3.8% 4.0% EBIT growth disproportionate—improved margin year-on-year. 10
Slide 7: Group Employee Development – by Quarter
Group Employee Development – by Quarter +0.5% +6.0% 7,269 7,328 7,645 7,667 7,708 Q1.16 Q2.16 Q3.16 Q4.16 Q1.17 Moderate increase in headcount. 10.05.2017 | Bechtle AG | 1st Quarter 2017 7
Slide 8: Bechtle Share – Performance
Bechtle Share – Performance 130 € 31.12.16 31.03.17 05.05.17 €98.82 €101.75 €107.95 Market Figures (05.05.2017) 125 € Market capitalisation €2,267m 120 € Performance: 115 € Bechtle 9.2% 110 € DAX 10.8% TecDAX 17.5% 105 € DAXsubsector 24.5% 100 € IT-Services 95 € 90 € Jan. Feb. March April Bechtle Te
Slide 9: Dividend Policy – Continuity
Dividend Policy – Continuity 150 140 120 110 100 100 75 60 60 60 Dividends in € cent 1 2 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1 incl. special dividend of €0.15 2 AGM proposal Reliable payout policy – seventh dividend increase in succession. 10.05.2017 | Bechtle AG | 1st Quarter 2017 9
Slide 10: Bechtle Company News – Bechtle Clouds
Bechtle Company News – 2017 Bechtle Clouds. Bechtle Clouds GmbH, Neckarsulm. Core business: Multi-cloud service provider. Microsoft Cloud Solution Provider contract. Launch of Clouds platform 01.07.2017 10.05.2017 | Bechtle AG | 1st Quarter 2017 10
Slide 11: Bechtle Company News – Bechtle NEXT
Bechtle Company News – 2017 Bechtle NEXT. Digital platform for marketing hardware, software and services. Fusion of corporate website and shop. Initial release in 3rd quarter. 10.05.2017 | Bechtle AG | 1st Quarter 2017 11
Slide 12: Bechtle Company News – Acquisitions in Austria
Bechtle Company News – 2017 Acquisitions in Austria. Smartpoint GmbH, Linz 66 Employees, €6m revenue, Microsoft SharePoint, Microsoft Dynamics CRM and workflow solutions. Ulbel & Freidorfer GmbH, Graz 41 Employees, €23m revenue, IT infrastructure & collaboration solutions and IT services such as out
Slide 13: Outlook – The IT Industry in 2017
Outlook – The IT Industry in 2017 GERMANY in €m EUROPE in €m IT Services 15.0 IT Services 70.0 -3.8% Software -2.5% Software Hardware Hardware 77.1 395.6 +2.7% +1.9% 94.5 22.9 39.3 +4.1% 231.1 +5.9% +2.9% +2.8% Source: EITO October 2016 Decline in momentum compared to previous year, especially in th
Slide 14: Outlook – Financial Year 2017
Outlook – Financial Year 2017 Economic conditions. Hardware markets under pressure. Uncertainty on the manufacturer side. Internal strategic projects to safeguard the future. Objectives. IT System House: Ongoing expansion of the solutions and service business. IT e-commerce: Retain excellent competi
Slide 15: Thank you
Thank you. 10.05.2017 | Bechtle AG | 1st Quarter 2017 15