Bechtle stock raises 2026 EBT outlook after strong Q3

Bechtle raised its 2026 earnings outlook again after a strong preliminary third quarter. In the ad hoc announcement published by Deutsche Boerse, Bechtle said on Thursday, November 5, that preliminary third-quarter business volume increased 19 percent year on year to 2.44 billion euros. Earnings before tax rose 14 percent to 92 million euros.

Profit Target Moves Above Ten Percent

The Executive Board now expects 2026 EBT to grow by more than 10 percent. The previous target called for growth of 5 percent to 10 percent, making this the second full-year forecast increase of 2026 after the revision on July 28.

Bechtle left its business-volume forecast unchanged at growth of more than 10 percent and maintained its revenue outlook at 5 percent to 10 percent. Management also continues to expect EBT as a percentage of business volume to decline slightly from the prior-year level of 3.8 percent.

The unchanged margin view is important for investors: the higher profit target reflects stronger expected operating momentum rather than an improved forecast margin. Bechtle said the positive development had continued into the fourth quarter and pointed to a record order backlog.

Final Figures Due Friday

Bechtle will publish its final third-quarter and first nine-month figures on Friday, November 13, 2026. The report will show whether the preliminary growth rates, the order backlog and the higher EBT target are confirmed in the completed accounts.

Bechtle stock traded at 34.36 euros on Xetra at 10:48 CET on Thursday, November 12, 2026, 0.23 percent above the Xetra close of Wednesday, November 11.

German equities remain the broader market backdrop for Bechtle through current market reports.

Further company developments and analysis are available in more news and analyses on Bechtle stock.