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may 04, 2017 - Bosch

Good start to the year: Bosch improves sales in all business sectors and regions

New conceptions of mobility, new perceptions of technology

First-quarter sales in 2017 up 12 percent
Target sales growth for 2017 between 3 and 5 percent
Sales in 2016: 73.1 billion euros
EBIT from operations in 2016: 4.3 billion euros
Research and development expenditure: 7 billion euros
Bosch CEO Denner: “Bosch is shaping tomorrow’s world.”

Stuttgart and Renningen, Germany – The #bosch Group has made a good start to the new business year. Sales of the supplier of technology and services rose 12 percent in the first quarter, and 11 percent after adjusting for exchange rates. All business sectors and regions picked up in the first three months of 2017, some significantly so. For the current year, in light of a subdued economic outlook and geopolitical uncertainty, #bosch aims to achieve sales growth of between three and five percent. And despite still heavy upfront investments in safeguarding the company’s future, result is set to rise. “Business success today gives us the leeway to shape tomorrow’s world,” said Dr. Volkmar Denner, the chairman of the #bosch board of management, at the annual press conference at Bosch’s research campus in Renningen. “Take our existing business forward, open up new areas of business, occupy a technologically leading position – that is our strategy for the transformation process.” The focal points of this transformation are changes in the mobility sphere and IoT connectivity. “As an innovation leader, we are shaping and driving transformation,” Denner added.

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- Photogallery (32)

bosch connected-mobility concept-car

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bosch apc2017 sales-business-sector 20170427 en

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bosch apc2017 highlights 20170427 de

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- Documents (1)

Press release

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