Bechtle shares jump after guidance confirmation

Bechtle AG

08/08/2025 09:16

** Shares in Bechtle BC8G.DE jump around 13% to their highest price since mid-March after the German IT service provider confirmed its full-year guidance

** There were concerns Bechtle could follow suit after its rival Cancom cut guidance, Baader Helvea analysts say

** "Today's results release alleviated these concerns with Bechtle," they write in a note, also pointing out a better-than-expected profitability in Q2

** Jefferies analysts also cite an upbeat tone compared with Cancom last week and note management's comments on signs of an early recovery, stemming from positive developments in Germany's public sector

** Up to Thursday's close, the stock was rose 19% YTD

 (Reporting by Marleen Kaesebier)

 ((marleen.kaesebier@thomsonreuters.com))