NECKARSULM (dpa-AFX) - Information technology company Bechtle AG (BC8G) Wednesday posted a 20.1 percent increase in its third quarter earnings, as total revenues rose 10.6 percent year-over-year. The company said its service business exhibited a strong performance abroad, with foreign system houses boosting their revenue share by 19.9 per cent to 44.2 million euros from 36.9 million euros last year.
For the quarter, operating income, that is earnings before interest and tax or EBIT improved to 30.04 million euros from 25.17 million euros last year.
Earnings after tax rose to 21.14 million euros from 17.60 million euros, with earnings per share increasing to 1.00 euros from 0.83 euros last year.
Quarterly revenues stood at 618.28 million euros, higher than 558.80 million euros reported a year ago.
Looking ahead, for fiscal 2014, the group continues to expect a significant revenue and earnings growth.
Copyright RTT News/dpa-AFX