Annual Report 2025

The table below shows the calculation of the earnings after taxes that are due to the shareholders of Bechtle AG:

Earnings per share

 

 

 

2025

 

2024

Earnings after taxes

€k

 

228,324

 

244,851

of which non-controlling interests

€k

 

−887

 

−647

of which shareholders of Bechtle AG

€k

 

229,211

 

245,498

Weighted average shares outstanding issued

shares

 

126,000,000

 

126,000,000

Earnings per share

 

1.82

 

1.95

According to IAS 33, the earnings per share are determined on the basis of the earnings after taxes (attributable to shareholders of Bechtle AG) and the average number of shares in circulation in the year. Treasury shares reduce the number of outstanding shares accordingly.

So far, the convertible bond issued in the previous year has not affected the earnings per share, as the exercise price for the conversion in the reporting period was above the average price of the shares of Bechtle AG. Therefore, the diluted earnings per share corresponded to the basic earnings per share.