Bechtle progresses towards achieving its set yearly objectives
Thomas Olemotz, the CEO of Bechtle, has expressed satisfaction with the company's performance in the second quarter, as business volume, including software sales, rose by 5% to 1.93 billion euros. Despite this growth, profit before taxes for the quarter was 66.8 million euros, still 20% below last year's level.
Olemotz believes that Bechtle is back on track for growth, citing the company's progress in the second quarter as evidence. He also stated that Bechtle has created a gap in the first half that they aim to reduce and close by the end of the year. It is ambitious but possible, according to Olemotz.
The CEO's contract is set to expire at the end of 2026, and he will not renew it. For the full year, Bechtle aims for business volume growth of up to 5% and stable revenue. However, earnings before taxes in 2025 are expected to fall within the lower half of the expected range.
In a move to meet revenue and profit targets for the year, Bechtle is ramping up efforts in various areas. Olemotz is counting on public sector orders to drive growth in the second half of the year.
In a leadership shakeup, Olemotz will hand over his CFO duties to Christian Jehle at the start of 2026. Jehle is joining from competitor Computacenter. No clear successor for the CEO role has been announced yet.
The stock price of Bechtle increased by up to 12% following the announcement of the second quarter results and the leadership changes.
Background
Thomas Olemotz has served as CEO of Bechtle for 20 years, and he will step down at the end of 2026 when his contract expires. Revenue at Bechtle increased by 0.8% to 1.49 billion euros for the first half of the year.
At the end of 2026, Olemotz will be 64 years old. It is not yet clear who will take over as CEO after him.
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Thomas Olemotz, in his pursuit of meeting Bechtle's financial targets for the year, intends to boost revenue through increased public sector orders, especially in the second half. Despite satiating growth in business volume, Olemotz acknowledges that the company's earnings before taxes in 2025 are predicted to fall within the lower half of the expected range.
