Bechtle Ag · XETR:BC8
Bechtle — Q1 2018 Earnings Presentation
16 slides from Bechtle's earnings presentation, May 9, 2018
Slide 1: Bechtle AG 1st Quarter 2018
Bechtle AG 1st Quarter 2018 Neckarsulm | 09 May 2018 Bechtle AG 1st Quarter 2018 Neckarsulm | 09 May 2018
Slide 2: Content
Content. 1. Business development 2. The Bechtle Share 3. News and updates 4. Outlook 2018 09.05.2018 | Bechtle AG | 1st Quarter 2018 2
Slide 3: Revenue – up considerably yoy
Revenue – up considerably yoy. Q1.2017 +16.8% +23.9% +19.0% Q1.2018 955 803 658 563 297 240 in €m SH & MS E-commerce Group 09.05.2018 | Bechtle AG | 1st Quarter 2018 3
Slide 4: Revenues – balanced growth at home and abroad
Revenues – balanced growth at home and abroad. Q1.2017 +18.8% +19.2% +19.0% Q1.2018 955 803 654 550 302 253 in €m Domestic Abroad Group 09.05.2018 | Bechtle AG | 1st Quarter 2018 4
Slide 5: Gross margin – declined yoy due to growth
Gross margin – declined yoy due to growth. 15.4 15.1 15.0 14.6 in % Q1.15 Q1.16 Q1.17 Q1.18 09.05.2018 | Bechtle AG | 1st Quarter 2018 5
Slide 6: EBIT – up considerably yoy
EBIT – up considerably yoy. Q1.2017 +5.6% +29.0% +12.2% Q1.2018 35.7 31.8 24.1 22.8 11.6 9.0 in €m SH & MS E-commerce Group Margin 4.0% 3.7% 3.8% 3.9% 4.0% 3.7% 09.05.2018 | Bechtle AG | 1st Quarter 2018 6
Slide 7: Employees – growth in headcount follows business development
Employees – growth in headcount follows business development. + 919 employees = 11.9% + 274 employees = 3.3% 8,627 8,353 8,199 7,909 7,708 Q1.2017 Q2.2017 Q3.2017 Q4.2017 Q1.2018 09.05.2018 | Bechtle AG | 1st Quarter 2018 7
Slide 8: Key financial figures
Key financial figures. 59.0 Q1.2017 Equity ratio 57.6 Q1.2018 13.7 Return on equity* 13.8 [* annualised based on Q1, [in %] linearised projection] 492.9 31.12.2017 Working Capital 476.6 31.03.2018 174.8 Liquidity** 115.7 [in €m] [** including time deposits and securities] 09.05.2018 | Bechtle AG | 1
Slide 9: Bechtle share – performance
Bechtle share – performance. 31.12.17 29.03.18 04.05.18 € 73.00 Performance 2018 € 69.52 € 65.80 75 € TecDAX* +6.6% Bechtle +5.0% 70 € MDAX* +0.7% DAX* -0.8% 65 € (*indexed) 60 € Jan 18 Feb 18 Mar 18 Apr 18 May 18 09.05.2018 | Bechtle AG | 1st Quarter 2018 9
Slide 10: News and updates – Acquisition in Switzerland
News and updates. Acquisition in Switzerland. Acommit AG, Horgen, CH: 60 employees, 14m CHF in revenue. Specialist in ERP software. 09.05.2018 | Bechtle AG | 1st Quarter 2018 10
Slide 11: News and updates – Growing clouds platform
News and updates. Growing clouds platform. First sales partner for sourcing WebEx Teams (formerly Cisco Spark) from the cloud. More products and partners to be added in 2018. 09.05.2018 | Bechtle AG | 1st Quarter 2018 11
Slide 12: News and updates – Supervisory Board reshuffle
News and updates. Supervisory Board reshuffle. Dr Matthias Metz retires from the board at the end of his current term. His predecessor, Klaus Winkler, is pegged to return to the Supervisory Board. Dr Lars Grünert, CFO of TRUMPF GmbH, is also up for election. 09.05.2018 | Bechtle AG | 1st Quarter 201
Slide 13: News and updates – Record rush on Bechtle C Days 2018
News and updates. Record rush on Bechtle C Days 2018. Over 3,000 visitors immerse themselves into forward-looking IT solutions. Focus on agile data centre infrastructures, the modern workplace and IT security under the new European Data Protection Regulation. 09.05.2018 | Bechtle AG | 1st Quarter 20
Slide 14: Economic conditions – IT market once again positive in 2018
Economic conditions – IT market once again positive in 2018. GERMANY in €m EU in €m IT Services 71.4 IT Services 15.8 Software Software -0.6% -1.6% Hardware Hardware 80.2 402.7 +3.0% +2.5% 100.3 24.4 40.0 231.1 +5.5% +6.3% +2.6% +2.5% Source: EITO, November 2017, excl. telecom, incl. B2C 09.05.2018
Slide 15: Outlook FY 2018 – Start into the year confirms our expectations
Outlook FY 2018 – Start into the year confirms our expectations. Economic conditions. Positive economic atmosphere in Germany and Europe. Upwards trend in IT continues, showing a slight loss in momentum. Objectives. IT Systems Integration: Reinforce competence in digital solutions; design innovative
Slide 16: Any questions?
Any questions? For more information: bechtle.com 09.05.2018 | Bechtle AG | 1st Quarter 2018 16