- Bechtle reported a preliminary pretax profit of €78 million for the third quarter of 2024.
- The preliminary pretax profit margin is 5.2%, slightly below the estimated 5.76%.
- Preliminary revenue for the quarter stands at €1.51 billion.
- Earnings before taxes are significantly lower than the previous year and below market expectations.
- This shortfall is primarily due to a reluctance to invest, particularly among small and medium-sized enterprises in Germany and France.
- The critical end-of-quarter period remained unexpectedly weak, similar to the second quarter.
- Given the adverse economic conditions and the earnings trend, Bechtle has withdrawn its full-year guidance for 2024, initially updated on July 18.
- While some improvement is anticipated in the fourth quarter, its extent is uncertain amid ongoing market uncertainties.
- The company will not issue a new forecast for the remaining weeks of 2024.
- Bechtle’s shares fell by 6.1% to €34.00, with a volume of 40,522 shares traded.
- Analyst ratings include 14 buys, 2 holds, and 2 sells.
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A look at Bechtle AG Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluating Bechtle AG‘s long-term outlook using Smartkarma Smart Scores have noted a positive sentiment towards the company. With solid scores across key factors including Value, Dividend, Growth, Resilience, and Momentum, Bechtle AG appears to be in a favorable position for future growth and performance in the market.
As a company specializing in retailing computer and office supplies, Bechtle AG offers a diverse range of products including personal computers, workstations, software, peripherals, and office furniture. Its extensive catalog and online presence provide accessibility to customers seeking technological solutions and office essentials. With balanced scores in key areas, Bechtle AG is positioned to continue serving its market effectively and potentially expand its offerings in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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