Bechtle stock: Company reports strong Q3 growth
Published on 11/13/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly Momentum Broadens
- Business volume rose across all major European regions, led by Germany and Benelux.
- Incoming orders and the order backlog reached new highs, supporting visibility into future revenue.
- Profitability improved as EBIT and EBT outpaced revenue growth in the quarter.
Bechtle reported a strong third quarter on Friday, 13 November 2026, with growth across its European business and a record order backlog. The company's quarterly statement shows business volume up 19.0% year on year to EUR 2,438.0 million in the July-to-September period.
Growth Broadens Across Europe
Growth was broad-based across customer groups and regions. Business volume increased 20.8% in Germany, 19.1% in Benelux and 20.5% in other European markets. France grew 4.7%, despite challenging market conditions.
Revenue rose 6.1% to EUR 1,684.4 million, while organic business-volume growth reached 17.5%. The gap between business volume and revenue reflects the mix of software, hardware and services sold across the group.
Profitability Improves In The Quarter
EBIT climbed 18.6% to EUR 99.0 million, lifting the EBIT margin on revenue to 5.9% from 5.3% in the prior-year quarter. EBT increased 13.9% to EUR 91.7 million, while the EBT margin on revenue improved to 5.4% from 5.1%.
Gross profit grew 10.9%, ahead of revenue, and the gross margin improved to 19.2% from 18.4%. Earnings after tax attributable to Bechtle shareholders rose 10.6%, while earnings per share reached EUR 0.50 compared with EUR 0.45 a year earlier.
Backlog Supports Forward Visibility
Incoming orders rose 18.8% to EUR 2,510.2 million. The order backlog reached EUR 3,606.8 million at 30 September, giving the company a larger base of contracted work as it moves through the rest of the year.
Bechtle AG at a glance
- Company: Bechtle AG
- ISIN: DE0005158703
- Reporting period: Third quarter and first nine months of 2026
- Business volume: EUR 2,438.0 million in Q3
- Revenue: EUR 1,684.4 million in Q3
- EBT: EUR 91.7 million in Q3
- Order backlog: EUR 3,606.8 million at 30 September 2026
Germany's broader market context is available in Current market reports.
