Q1 2024 Bechtle AG Earnings Call Transcript

May 08, 2024 / NTS GMT
Thomas Olemotz - Bechtle AG - Chairman of the Executive Board, Chief Executive Officer

Thank you. Welcome, ladies and gentlemen, to our analyst conference on the first quarter of 2024 at Bechtle AG. I'm delighted to see that our event is met with such interest.

Before I follow my brief introduction by presenting the key figures for our business performance in the first quarter of the current year 2024, I would like to make what I consider to be the most important statements at this point already. It is two, in particular, one against the backdrop of the persistently challenging macroeconomic conditions, our performance in Q1 can be considered very solid. This is particularly true when measured against the figures of many of our peers or competitors.

Two, nevertheless, from today's perspective, the first three months of the current financial year are not really a reliable indicator for the rest of the year. And moreover, we continue to assume that IT demand will improve in the second half of the year. And this is why we are sticking to our ambitious targets for the year as a whole.

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