Q3 2023 Bechtle AG Earnings Call Transcript
Thank you. Welcome, ladies and gentlemen from my part. Welcome to our analyst conference on the third quarter and thus the first nine months of the 2023 financial year at Bechtle AG. Thank you very much for your interest.
The third quarter displays some similarities to the current weather conditions: changeable, slightly cooler, but all in all satisfactory. Lacking the tailwind from the reduction in the order backlog, our top line lost some momentum, which was to be expected.
Having said that, we were able to further increase our already high margin in Q3. Considering cost pressure, this wasn't really to be expected. The challenging macroeconomic conditions continue to have a negative impact on parts of our business too. We will examine this trend a little more closely later in the presentation when we speak about our business performance.
As usual, the content of today's presentation is divided into four main sections. We start with a look at our business performance and the key financials for the third
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