NECKARSULM (dpa-AFX) - German IT company Bechtle AG (BC8G) reported Wednesday that its fiscal 2018 earnings before taxes or EBT are up around 18% from last year to an expected 193 million euros. This translates to an EBT margin of 4.5%.
Revenues climbed by over 21% from last year to around 4.3 billion euros. The company noted that consolidated organic growth across the group clocks in at about 15%.
The IT company showed sustainable growth with double-digit rates across all four quarters.
In the fourth quarter, revenues were up about 26%. Organic growth, too, was in double digits at over 13%. EBT grew significantly by around 28%, putting the Q4 margin at 5.0%.
Bechtle AG will publish its full financial statements for the 2018 fiscal year on March 15.
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