Bechtle has started the 2026 fiscal year with a very good first quarter and, on this basis, confirms the annual forecast published in March. We have so far navigated the effects of the memory chip shortage well and are well positioned to address the macroeconomic and sector-specific challenges ahead. In particular, the record order backlog and the consistently high investment behaviour of our public-sector customers are strengthening our confidence further.
Although the macroeconomic situation has become even more tense as a result of the war in Iran, the immediate effects are manageable for Bechtle. Price increases in the IT market, particularly for PCs, servers and storage, have so far had no dampening effect on customer demand. The situation remains dynamic, however, and we are monitoring it very closely.
In April, we saw a similar trend to previous months. The start to the second quarter thus underlines our positive overall view.