NECKARSULM (dpa-AFX) - Bechtle AG (BC8G) reported third quarter earnings after taxes of 55.95 million euros, down 16.2% from a year ago. Earnings per share was 0.44 euros compared to 0.53 euros. EBIT was 80.75 million euros, a decline of 16.2%. Third quarter revenue was 1.51 billion euros, an increase of 2.2% from previous year.
'Overall, we are not satisfied with the third-quarter business development. Our SME customers-especially in our most important markets, France and Germany-remain reluctant to invest, but we are delighted by the growth exhibited by our international companies, which is further confirmation that our European M&A strategy is the right course to take,' said Thomas Olemotz, CEO, Bechtle AG.
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