The Bosch Group s sales in 2023 amounted to 91.6 billion euros, up 8 on a currency adjusted basis

Mondo Finance Updated on 2024-02-11

The Bosch Group's sales in 2023 amounted to 91.6 billion euros, up 8 on a currency-adjusted basis

On February 9, Bosch announced that it had achieved its operating targets for fiscal year 2023. According to the latest figures, Bosch expects total revenue in fiscal 2023 to reach 91.6 billion yuan, a year-on-year increase of 8 percent after currency deduction (actual growth of 4 percent). EBIT increased slightly this year compared to the previous year (EBIT in 2022 was 4.).3%)。

By region, Bosch sales in Europe rose by 6 percent to EUR 46.8 billion (currently 3,631.).68 billion yuan), which achieved an increase of 8% after deducting currency factors. Sales in North America increased by 4% to €15.2 billion (currently 1,179.2 billion).52 billion), an increase of 8% after deducting monetary factors. Revenues in South America amounted to EUR 1.7 billion (currently around 13.1 billion920,000 yuan), a decrease of 6% over the same period last year, and an increase of 4% after deducting currency factors.

In addition, Bosch's turnover in the Asia-Pacific region was 279 percent (currently 2,165.).04 percentage points), which increased by 9% after deducting monetary factors. Bosch Automotive's total sales in China in fiscal 2023 amounted to 139.1 billion yuan, up 52%, with nearly 58,000 employees in China.

In fiscal year 2023, Bosch's smart tourism revenue will increase to 56.3 billion euros (currently 4,368.).88 yuan), an increase of 7% year-on-year, and an increase of 11% after deducting currency factors, becoming one of the fastest-growing industries.

In industrial technology, revenues amounted to 75 billion euros (currently around 52 billion yuan). As a result of the acquisition of Hydraforss, the company's operating income increased by 8 percent compared to the previous fiscal year and by 10 percent after currency deductions.

Of these, 199 percentage points of revenue from consumer products (currently about 1,544.).2.4 billion yuan), sales revenue decreased by 7% compared to the same period last year, and slightly decreased compared to the previous fiscal year.

Sales in the Energy & Construction Technology segment rose sharply by 9 percent to 76 billion euros (currently 589.2 billion euros76 billion yuan), an increase of 11% after currency depreciation.

Bosch Automotive's sales revenue in FY 2023 will be CNY 916 billion, up 8 percent after deducting currency factors

As of December 31, 2023, Bosch had approximately 427,600 employees worldwide. According to initial data, the number of employees this year is about 7,600 more than the previous year, an increase of about 2%. Among these companies, Bosch Germany has 133,800 employees, a figure that has hardly changed.

Bosch said that recently, the company has communicated with the company's employees on the issue. We will take a rational and socially responsible approach when making appropriate arrangements for personnel. In the summer of 2023, Bosch signed a work agreement with its employee representatives that the company will not make any cuts to its German operations until the end of 2027.

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