March 17, 2023 at eight:13 a.m. ET

By David Sachs

Bechtle AG mentioned Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 regardless of an uncertain international economy.

The German-primarily based tech organization mentioned net profit rose to 251.1 million euros ($266.five million) in 2022, up from EUR231.four million in 2021. Income grew 14% to EUR6.03 billion…

By David Sachs

Bechtle AG mentioned Friday that net profit grew in 2022 thanks to larger income and acquisitions, and projected development in 2023 regardless of an uncertain international economy.

The German-primarily based tech organization mentioned net profit rose to 251.1 million euros ($266.five million) in 2022, up from EUR231.four million in 2021. Income grew 14% to EUR6.03 billion from EUR5.31 billion a year ahead of.

Bechtle, which supplies facts-technologies solutions as nicely as software program and hardware, mentioned the acquisition of 3 providers drove income development.

The organization expects to see a “important raise” in income this year with a related pre-tax margin to 2022 – five.eight%.

Nevertheless, Bechtle Chief Executive Thomas Olemotz projected low financial development prices and mentioned provide chain difficulties persist even if the organization performs somewhat nicely due to a basic demand for digitization.

“At the similar time, nonetheless, buyers have grow to be a lot more conscious of the have to have to invest in future-proof IT environments,” Mr. Olemotz mentioned. “Consequently, the executive board is optimistic with regard to the existing fiscal year and once again expects Bechtle to provide above-typical enterprise overall performance regardless of the difficult framework situations.”

Bechtle proposed a dividend raise to EUR0.65 a share, up from EUR0.55 in 2021.

Create to David Sachs at david.sachs@wsj.com