Bechtle cuts 2024 outlook after weak Q2 profit, shares fall

Bechtle AG

18/07/2024 11:32

July 18 (Reuters) - German IT service provider Bechtle
 BC8G.DE  lowered its full-year guidance on Thursday and said
its second-quarter earnings before tax came clearly below market
expectations at around 83 million euros ($90.7 million).
    Bechtle said it expects 2024 full-year results to be on par
with the previous year on business volume, revenue, earnings and
pre-tax profit margin. 
    Its shares fell as much as 7.4% following the unscheduled
preliminary earnings statement.
($1 = 0.9152 euros)

 (Reporting by Marleen Kaesebier)
 ((Marleen.Kaesebier@thomsonreuters.com;))