Bechtle shares rise in early trade as Berenberg upgrades on chip opportunity

Bechtle AG

24/03/2026 07:47

** Shares in German IT provider Bechtle  BC8G.DE up 4.6% in early Frankfurt trade after Berenberg upgrades co to 'buy' from 'hold' on memory chip 'opportunity' and strong order backlog

** Berenberg says memory chip shortages offer a chance to gain market share from smaller rivals

** The brokerage expects market consolidation to accelerate, strengthening Bechtle’s position over the medium term

** The broker says management issued conservative earnings before taxes guidance despite an all-time high order backlog that surged 26 percent year-over-year in 2025

** Berenberg sees early evidence that artificial intelligence tools are generating margin tailwinds and incremental revenues as the enterprise helps clients adopt these new software solutions

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))