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

By David Sachs

Bechtle AG stated Friday that net profit grew in 2022 thanks to greater income and acquisitions, and projected development in 2023 in spite of an uncertain worldwide economy.

The German-primarily based tech firm stated 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 stated Friday that net profit grew in 2022 thanks to greater income and acquisitions, and projected development in 2023 in spite of an uncertain worldwide economy.

The German-primarily based tech firm stated 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 just before.

Bechtle, which delivers facts-technologies solutions as effectively as computer software and hardware, stated the acquisition of 3 businesses drove income development.

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

On the other hand, Bechtle Chief Executive Thomas Olemotz projected low financial development prices and stated provide chain complications persist even if the firm performs somewhat effectively due to a basic demand for digitization.

“At the similar time, nevertheless, consumers have turn into much more conscious of the need to have to invest in future-proof IT environments,” Mr. Olemotz stated. “As a result, the executive board is optimistic with regard to the existing fiscal year and once more expects Bechtle to provide above-typical business enterprise functionality in spite 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