The Bosch Group s sales in 2023 amounted to 91.6 billion euros, an adjusted increase of 8

Mondo Finance Updated on 2024-02-11

The Bosch Group's sales in 2023 amounted to 91.6 billion euros, an adjusted increase of 8

Donews reported on February 9 that Bosch Group recently said that it has achieved its business goals for fiscal year 2023. According to preliminary statistics, the Bosch Group's sales in 2023 will reach 91.6 billion euros (about 7108.5 billion).RMB1.6 billion), up 8% (nominally) after deducting currency effects. The EBIT margin was 5 percent, a slight increase over the previous year (2022 EBIT margin was 4.).3%)。

By region, Bosch's sales in Europe increased by 6 percent to 46.8 billion euros (about 3,631.1 billion euros).RMB6.8 billion), an increase of 8% after deducting foreign exchange effects. Sales in North America rose 4 percent to 15.2 billion euros (1,179 percent).RMB5.2 billion), an increase of 8% after deducting foreign exchange effects. Sales in South America fell by 6 percent to 1.7 billion euros (about 131.).RMB9.2 billion), an increase of 4% after deducting foreign exchange effects.

In addition, the Bosch Group's sales in the Asia-Pacific market amounted to 27.9 billion euros (currently around 2,165.5 billion euros).RMB0.4 billion), up slightly by 1% and up 9% after adjusting for currency effects. By 2023, the Bosch Group's sales in China will reach 139.1 billion yuan (about 18.2 billion euros), with an annual growth rate of 5.2 billion2%, with nearly 58,000 employees in China.

In terms of business segments, Bosch's intelligent transportation business achieved sales of 56.3 billion euros in fiscal 2023 (currently about 4368.).RMB8.8 billion), up 7% year-on-year, and 11% after adjusting for foreign exchange effects, making it the fastest-growing business segment.

Total sales in the industrial technology sector amounted to 7.5 billion euros (currently around 58.2 billion yuan). As a result of the acquisition of Hydraforce, sales increased significantly by 8 percent compared to the previous fiscal year and by 10 percent after adjusting for currency effects.

Sales in the consumer goods business amounted to 19.9 billion euros (currently 1544.).RMB2.4 billion), down 7% compared to the previous year and slightly down 1% compared to the previous fiscal year after adjusting for foreign exchange effects.

Sales in the Energy & Building Technologies business grew strongly by 9 percent to EUR 7.6 billion (currently around 589.).RMB7.6 billion), or by 11% after adjusting for currency effects.

In 2023, the Bosch Group generated sales of 91.6 billion euros, an increase of 8 after currency effects

As of December 31, 2023, the Bosch Group had approximately 427,600 employees worldwide. According to preliminary statistics, the number of employees increased by about 7,600 compared to the previous year, an increase of about 2%. The total number of employees at Bosch Germany remained largely unchanged at 133,800.

Bosch revealed that the group recently held relevant talks with employee representatives. Any necessary personnel adjustments will be made in a reasonable and socially responsible manner. According to the Intelligent Transportation Group labor agreement signed between Bosch and employee representatives in the summer of 2023, there will be no layoffs at Bosch production sites in Germany until the end of 2027.

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